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.
The Offshore Cape Three Points (OCTP) project is a comprehensive endeavor focused on developing oil and natural gas reserves, specifically to meet the energy needs of Sub-Saharan Africa. Positioned off Ghana’s western coast, OCTP operates subsea wells and systems linked to the John Agyekum Kufuor Floating Production Storage and Offloading (FPSO) unit. In 2020, OCTP contributed over half of Ghana’s gas supply for thermal power generation.
The Assiut oil refinery in Egypt is undergoing a significant expansion and modernization effort to meet the rising demand for petroleum products in Upper Egypt.
As part of the refinery upgrade, new facilities including a naphtha complex and a hydrocracking complex will be added.
This expansion and modernization initiative will further boost the refining capacity of the existing refinery. Presently, the refinery processes 4.5 million tonnes per annum (Mtpa) of distillation crude.