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flag BP plans major Mediterranean drilling in Egypt to boost gas production, starting 2026.

flag BP has signed an agreement to explore a five-well drilling program in the Mediterranean Sea, targeting water depths from 300 to 1,500 meters to boost national gas production in Egypt. flag The drilling, set to begin in 2026, could lead to expanded use of current production facilities. flag BP, active in Egypt for over 60 years, aims to enhance its production to 2.3-2.5 million barrels of oil equivalent daily by 2030, with potential for further increases by 2035.

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