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Oil&Gas

North Safa Field Development Project

North Safa is an active conventional oil field situated in shallow waters off the coast of Egypt. Specifically located in the Northeast Ramadan Concession block, the field operates at a water depth of 217 feet. Anticipated to reach peak production by 2026, North Safa’s oil extraction will persist until it reaches its economic limit in 2041, as per economic projections.

Energy

New Hydrogen Production Unit – Porto Marghera

The project aims at implementing two hydrogen production lines for the Venice biorefinery in Porto Marghera. Its primary objective is to increase the availability of hydrogen at the biorefinery to fulfill the requirements of the EcofiningTM unit in terms of quality, quantity, and availability, all while optimizing energy efficiency. As part of a phased transition to producing decarbonized hydrogen, these units are designed to significantly reduce the emission of fossil CO2 into the atmosphere by utilizing biogenic charges recirculated by the EcofiningTM unit.

Oil&Gas

Coral South Project

At the center of the project, Coral Sul FLNG: a floating plant for the liquefaction of natural gas. The ship is 432 meters long and weighs 200 thousand tons. It also has a gas liquefaction capacity of 3.4 million tons per year and will produce LNG from the 500 billion cubic meters of gas from the Coral field. This historic project will help increase the availability of gas on the global market and is an important lever of Mozambique economic and social development.

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