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PROJECTS

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Bioenergy

H2GS — Sweden — 2.1 MTPY HDRI and BRI Plant

H2 Green Steel was launched in 2021 in Boden, northern Sweden, is designed to produce 2.1 million tonnes per year of hot direct reduced iron (HDRI) and hot briquetted iron (HBI) using fossil-free hydrogen-based direct reduction technology. The project aims to decarbonize steel production by replacing fossil fuels with renewable hydrogen during the iron reduction process. Integrated with an electric arc furnace (EAF), the plant is expected to reduce CO₂ emissions from ironmaking by up to 95% compared with conventional blast furnace technology, supporting the production of near-zero-emission steel. The start of production is planned in 2026.

Petrochemical

Borouge 4 Project

Borouge 4 is a major petrochemical expansion project under development at the Ruwais Industrial Complex in Abu Dhabi, United Arab Emirates. Developed by Borouge, the project represents one of the largest industrial investments currently underway in the UAE. The primary objective of Borouge 4 is to expand the company’s polyolefin production by integrating a world-scale mixed-feedstock steam cracker with ADNOC’s refinery. This expansion will increase annual production capacity by approximately 1.4 million tonnes, transforming the Ruwais site into the world’s largest single-site polyolefin production complex.

Oil&Gas

Normand Maximus

The Normand Maximus is an offshore vessel designed for subsea construction operations, SURF installation, heavy-lift activities and the development of offshore fields in deepwater and ultra-deepwater environments. Built by VARD Brattvåg and belonging to the Solstad Group, the vessel is equipped with DP3 systems, a 900 t offshore crane, a 550 t Vertical Lay System, work-class ROVs and extensive deck cargo capacity.

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