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PROJECTS

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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.

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.

Oil&Gas

Abu Attifel and NC 125 Conventional Oil Field

Located onshore Libya, the Abu Attifel and NC 125 fields are active in conventional oil production. Their peak production occurred in 1994, having already recovered 92.14% of their total recoverable reserves. Economic projections indicate that oil extraction will continue until these fields reach their economic limit by 2046. Presently, these fields contribute approximately 5% to Libya’s daily oil output.

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