The program, expected to begin next year, aims to accelerate the development and production of Egypt’s natural gas reserves by leveraging existing infrastructure in the West Nile Delta region.
This marks the final well in BP’s four-well drilling campaign as part of the West Nile Delta project.
This phase involves the subsea tieback of additional Raven infill wells to the company’s existing onshore infrastructure.
Under the five-year agreement, BP will invest $20 million in maintenance and achieving maximum production capacity.
Additionally, Auchincloss discussed BP’s plans to commence production from several wells it operates, with one set to begin production in the first quarter of next year.
