The “Modernización Refinería Talara” project involves the refurbishment and modernization of the Talara refinery located in Peru. The project seeks to achieve two key objectives: reducing sulfur content in diesel, gasoline, and LPG fuels to a maximum of 50 ppm and increasing the refinery’s crude processing capacity from 65,000 to 95,000 barrels per day (BPD), allowing for the processing of heavy crude and conversion of residual products into marketable ones.

FlatFish is a hybrid, fully autonomous underwater inspection drone developed by Saipem to perform autonomous inspections of subsea infrastructure. Designed to operate at depths of up to 3,000 metres, it carries out inspection activities on pipelines, subsea structures and other underwater assets, contributing to safer and more efficient offshore operations. Following the successful completion of functional tests at Saipem’s testing facility in Trieste, Italy, the project has entered its final phase, with FlatFish scheduled for deployment in Petrobras’ ultra-deepwater offshore operations in Brazil.

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.