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PEMEX is investing in constructing two new coker plants at the Tula refinery and Salina Cruz refinery, scheduled to go online in 2024, to phase out fuel oil production. The Salina Cruz cracking refinery, located in Oaxaca, Mexico, is a non-integrated cracking facility owned by Petroleos Mexicanos. It commenced operations in 1979 and boasts a Nelson Complexity Index (NCI) of 8.1. Works on the Salina Cruz unit began in 2022. The plant is expected to contribute to the elimination of fuel oil and the increased production of ultra-low sulfur gasoline and diesel at the refinery.

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.

The project aimed at the installation of piping and equipment of the Everdup Process Plant gas compression station, part of the Baltic Pipe project in Denmark. The Baltic Pipe is a strategic infrastructure project that aims to create a new gas supply corridor in the European market. Operational since October 2022, the Baltic Pipe is 900km long for a total cost of 1.88 billion dollars: it connects the Norwegian gas transport system with Denmark and Poland via an underwater gas pipeline in the North Sea.