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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.

An innovative ultra-deep-water offshore project, the Kaombo project in Block 32 aims to extract oil from six fields linked by 300km of pipelines to FPSO vessels. Operating at depths up to 1,950 meters, it utilizes advanced technology for its 658 million barrel reserves, with a production capacity of 230,000 b/d, making it Angola’s largest subsea well system. Through cutting-edge technology and engineering, it pushes the boundaries of traditional oil exploration, demonstrating Angola’s commitment to advancing its energy sector.