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Oil&Gas

Petrobrazi Refinery

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.

Energy

Navoi III Combined Cycle Power Plant

The project involves the construction of a new gas-fired Combined Cycle Gas Turbine — CCGT unit with a capacity of approximately 600–650 MW, developed to increase power generation capacity and improve the efficiency of the existing plant. Operated by JSC Thermal Power Plants and built with Mitsubishi Power technology, the new unit will contribute to the production of electricity and heat while reducing natural gas consumption.

Energy

Ndungu Project

The Ndungu Project is a deepwater offshore project located in Block 15/06, offshore Angola. The project involves the development of the Ndungu field through production and injection wells, subsea infrastructure and connections to the existing West Hub network. Its objective is to enhance the value of the oil resources in Block 15/06, support Angola’s offshore production and ensure stable, long-term production.

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