West Qurna 1, discovered in 1973, is a large onshore oil field located in southern Iraq, approximately 50 km northwest of Basra. Operated by PetroChina, the field is considered one of the world’s largest Oil & Gas assets, with estimated recoverable reserves of more than 20 billion barrels. The project involves the development and production of crude oil through wells, treatment facilities and gathering infrastructure, with the objective of sustaining and increasing Iraq’s oil production while enhancing the value of the country’s energy resources.

Petrobrazi, boasting an annual refining capacity of 4.5 million tons/year of crude oil, stands as one of Romania’s foremost refineries. It serves as a pivotal hub where crude oil undergoes processing, resulting in a diverse array of high-value petroleum products, ranging from gasoline and diesel to LPG and aviation fuel. Presently, Petrobrazi operates at exemplary environmental and performance standards, capable of refining the entire equity crude oil production of OMV Petrom. In a strategic move towards sustainability, the Romanian oil company plans to construct 55MW of green hydrogen projects at its Petrobrazi refinery, located 60km north of Bucharest. This initiative involves the installation of two electrolysers, one with a capacity of 35MW and the other with 20MW. The renewable hydrogen generated will be utilized in the production of bio-based sustainable aviation fuel (SAF) and biodiesel, marking a significant step towards reducing carbon emissions in the aviation sector.

The North Field South (NFS) project is part of the larger North Field Expansion project. The project is divided into two phases, with phase one involving the development of the North Field East (NFE), while phase two will see to the development of the NFS. It will include five production platforms, 50 wells and gas pipelines to an onshore processing complex.