The project involves upgrading the Reactor and Regenerator sections of the FCC Unit at Lukoil’s refinery in Bulgaria. This upgrade will boost the unit’s efficiency, enabling it to process more oil and produce higher-quality products. Additionally, it sets the stage for Lukoil’s future investments in the refinery, positioning the company for long-term success in the industry.
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.
Baltic Pipe Project – Compressor Station in Everdrup
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.