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Oil&Gas

Tortue Development Project – Phase 1

An offshore project based on gas production in deep waters up to 2 km off the maritime border between Mauritania and Senegal. It is currently the deepest offshore project in Africa. Planned in phases, the Greater Tortue Ahmeyim LNG project will produce up to 10 million tonnes of LNG per year (Mtpa). A new drilling called Greater Tortue Ahmeyim-1 was carried out to a total depth of 4,884 meters in the eastern part of the Greater Tortue area, discovering 30 meters of net gas in a high-quality Albian reservoir in July 2019. This new discovery indicates the potential to expand the capacity of the LNG project beyond 10 Mtpa in the future.

Oil&Gas

Petrobrazi Refinery

Petrobrazi, boasting an annual refining capacity of 4.5 million tons/year of crude oil, stands as one of Romania’s foremost refineries. It serves as a pivotal hub where crude oil undergoes processing, resulting in a diverse array of high-value petroleum products, ranging from gasoline and diesel to LPG and aviation fuel. Presently, Petrobrazi operates at exemplary environmental and performance standards, capable of refining the entire equity crude oil production of OMV Petrom. In a strategic move towards sustainability, the Romanian oil company plans to construct 55MW of green hydrogen projects at its Petrobrazi refinery, located 60km north of Bucharest. This initiative involves the installation of two electrolysers, one with a capacity of 35MW and the other with 20MW. The renewable hydrogen generated will be utilized in the production of bio-based sustainable aviation fuel (SAF) and biodiesel, marking a significant step towards reducing carbon emissions in the aviation sector.

Oil&Gas

Berri Oil Field Expansion

The Berri field, situated along the eastern coast of Saudi Arabia, is undergoing expansion through the Berri Increment Program (BIP) to increase its crude production capacity to 500,000 barrels per day (bpd). Initially discovered in 1964, the Berri field commenced crude oil production in 1970, with the Berri gas plant starting operations in 1977. Currently capable of producing 250,000 bpd of Arab Light crude, the field’s expansion program aims to double its crude production capacity through enhanced oil recovery techniques.

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