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Oil&Gas

Aegean Refinery Project (ARP)

The Aegean Refinery Project, officially known as the SOCAR STAR Oil Refinery, is an oil refinery located in Aliaga, Turkey. It is the largest refinery project in Europe, Middle East, and Africa (EMEA) with a processing capacity of ten million tonnes (Mt) of crude oil a year, which is equivalent to 214,000 barrels a day. STAR Refinery meets approximately 20% of Turkey’s demand for processed crude oil products and reduces the country’s petroleum products imports.

Oil&Gas

SAIPEM 12000

The SAIPEM 12000 is a 6th-generation ultra-deepwater drillship operating within the Saipem fleet. The unit is engineered for offshore drilling campaigns, including exploration, appraisal and development drilling, as well as well completion operations. Designed for ultra-deepwater environments, the vessel can operate in water depths of up to 12,000 ft and drill wells down to 35,000 ft, supporting complex offshore projects worldwide.

Bioenergy

H2GS — Sweden — 2.1 MTPY HDRI and BRI Plant

H2 Green Steel was launched in 2021 in Boden, northern Sweden, is designed to produce 2.1 million tonnes per year of hot direct reduced iron (HDRI) and hot briquetted iron (HBI) using fossil-free hydrogen-based direct reduction technology. The project aims to decarbonize steel production by replacing fossil fuels with renewable hydrogen during the iron reduction process. Integrated with an electric arc furnace (EAF), the plant is expected to reduce CO₂ emissions from ironmaking by up to 95% compared with conventional blast furnace technology, supporting the production of near-zero-emission steel. The start of production is planned in 2026.

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