Bond Breakers

Project ONE is an INEOS project located within the Port of Antwerp, Belgium. The project involves the construction of a new ethane cracker with an annual production capacity of approximately 1.45 million tonnes of ethylene, a key feedstock for polymers and chemical products. Its aim is to strengthen the competitiveness of the European chemical industry through a highly energy-efficient facility with a lower environmental footprint than conventional crackers.

The Bouri Field is located offshore in Block NC-41, about 120km northwest of Tripoli in the waters of Libya. Water depth in the region ranges between 145m and 183m. Is estimated to contain 4.5 billion barrels (720,000,000 m3) in proven recoverable crude oil reserves and 3.5 trillion cubic feet (99 km3) of associated natural gas with an annual production potential of 6 billion m³. Bouri field development includes two offshore platforms- DP3 and DP4, seven subsea wells and an Floating Storage and Offloading (FSO). Bouri is considered the largest producing oilfield in the Mediterranean.