Bond Breakers

Expected to possess a capacity of 230,000 barrels per day, the DUQM Refinery is an integrated project of national significance situated within the Special Economic Zone of Duqm (SEZAD). The 230,000 BPD Duqm Refinery stands as a crucial endeavor for the advancement of Duqm, the Al Wusta Governorate, and the broader Omani economy. With the goal of establishing one of the Middle East’s premier ports in the Duqm region, the Sultanate of Oman aims to capitalize on its strategic location along the Arabian Sea. Within this framework, this project serves as the primary driving force and facilitator for the subsequent development of a significant new commercial, residential, and touristic area in Oman.

The Rijeka Refinery, located in Urinj, Croatia, is an oil refinery that processes crude oil to produce fuels and refined petroleum products. The plant has undergone a major modernization project worth approximately €700 million, aimed at the construction of a Delayed Coking Unit and associated facilities. The project enables the refinery to process a wider range of crude oils, including heavier grades, with a capacity of up to approximately 4 million tonnes per year.