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Oil&Gas

North Safa Field Development Project

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.

Oil&Gas

Tortue Development Project – Phase 1

An offshore project based on gas production in deep waters up to 2 km off the maritime border between Mauritania and Senegal. It is currently the deepest offshore project in Africa. Planned in phases, the Greater Tortue Ahmeyim LNG project will produce up to 10 million tonnes of LNG per year (Mtpa). A new drilling called Greater Tortue Ahmeyim-1 was carried out to a total depth of 4,884 meters in the eastern part of the Greater Tortue area, discovering 30 meters of net gas in a high-quality Albian reservoir in July 2019. This new discovery indicates the potential to expand the capacity of the LNG project beyond 10 Mtpa in the future.

Petrochemical

SALCOS DRP 1

The SALCOS DRP 1 is a direct reduction iron plant developed by Salzgitter Flachstahl GmbH at the Salzgitter steelmaking site in Germany. The project involves the construction of a hydrogen-ready plant based on Energiron ZR technology, capable of producing over 2 million tonnes/year of DRI using natural gas and hydrogen in flexible proportions. Its objective is to progressively replace the traditional blast furnace–coal route with low-emission steel production through the DRP-EAF route, reducing CO₂ emissions and supporting the decarbonization of the steel industry.

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