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BP,
which declined to give an investment figure for the project,
said the field was on track to deliver its first gas in the
first half of 2018, set to pump 300 million cubic feet a day of
gas to the Egyptian market.
BP decided in November to fast-track the development of Atoll,
estimated to contain 1.5 trillion cubic feet of gas and 31
million barrels of condensates.
The company is in a tight race with other oil and gas explorers
in the region to develop the Mediterranean's huge untapped
fossil fuel reserves.
Italy's ENI discovered the Mediterranean's largest gas field,
Zohr, last year and plans to bring the field on stream by the
end of 2017.
BP's decision to invest in the Atoll field is one of only a
handful of go-aheads the oil major is expected to give this year
as it seeks to save cash amid weak oil prices.
(Reporting by Karolin Schaps)
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