BP's phase three of the $12 billion West Nile Delta project offshore Egypt will come online by the end of this year, nearly 12 months behind the earlier scheduled deadline, the company said in a conference call this week. “The Raven project in Egypt is now expected to come on stream around the end of 2020,” said BP during the quarterly results call. To remind, BP had in February 2019 said it would bring Raven online by the end of 2019. BP holds an 82.75% stake in the project. BP has already brought online the first and second phases of the West Delta Nile project including the fields of Taurus and Libra that started production in 2017.

Source: The North Africa Journal February 05, 2020 16:18 UTC