The FPSO Florence will enable the start-up of production from the Baleine field, currently the largest hydrocarbon discovery in Côte d’Ivoire, with an estimated 2.5 billion barrels of oil in place and 3.3 trillion cubic feet of associated gas. The Baleine development is also expected to become Africa’s first net-zero upstream project. Upon its arrival in Ivory Coast, the vessel will be renamed FPSO Baleine. The unit has been refurbished and upgraded to process up to 15,000 barrels of oil per day (bbl/d) and approximately 25 million standard cubic feet per day (MMscf/d) of associated gas. All produced gas will be transported onshore through a newly constructed export pipeline.

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.