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Energy

Rabigh IPP Power Plant — Makkah

The Rabigh IPP Power Plant is an independent power generation facility located in Rabigh, Saudi Arabia. Fired by heavy fuel oil, the plant supplies electricity to the Saudi Electricity Company under a long-term Power Purchase Agreement. Developed by Rabigh Electricity Company, with the participation of ACWA Power, KEPCO and SEC, the project is designed to strengthen Saudi Arabia’s power generation capacity and meet the growing electricity demand across the Kingdom’s western region.

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.

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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