Egypt began producing natural gas from two new wells in the Mediterranean’s Raven gas field in February 2025—three months earlier than expected, according to the Ministry of Petroleum and Mineral Resources.
British Petroleum (BP) used the ultra-deepwater drillship Valaris DS-12 to complete the drilling. The quick turnaround at Raven supports Egypt’s wider plan to scale up gas production, fuel economic growth, and attract foreign investment.
The two wells are set to deliver up to 200 million cubic feet of gas daily, with the Raven expansion costing around $200 million (EGP 9.95 billion). This new output will feed directly into the West Nile Delta system, helping Egypt reach its target of 6 billion cubic feet per day by the end of 2025—up from 4.6 billion in 2024.
BP’s Regional President for MENA, Nader Zaki, emphasized the company’s commitment to supporting Egypt’s energy security and growth through accelerated exploration, robust infrastructure, and close cooperation with the Ministry.
After completing the Raven wells, BP immediately moved the Valaris DS-12 to the nearby King area and began drilling the King-2 exploratory well in the North King Mariout Offshore Concession, wrapping up work by early February 2025.
The well’s location near BP’s existing offshore facilities enabled fast integration, uncovering two promising reservoirs. BP has committed to continuing exploration in the area to unlock more reserves and strengthen Egypt’s energy independence.
The Ministry of Petroleum aims to drill 35 more gas exploration wells in the Mediterranean and Nile Delta by 2025, with planned investments totaling $1.8 billion (EGP 89.56 billion).
Over the past seven years, Egypt has teamed up with global energy firms to drill 576 exploratory wells, resulting in 289 oil and gas discoveries—solidifying the country’s standing in the international energy arena.
source: egyptianstreets.com
