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PROJECTS

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Oil&Gas

CLOV Phase 3 Project

The CLOV Phase 3 Project is an offshore deepwater oil field development in Block 17, approximately 140 km off the Angolan coast. Operated by TotalEnergies, the project includes the installation of a four-well subsea production system connected to the existing CLOV floating production facility. The development is intended to increase oil output by approximately 30,000 barrels per day while maximizing the use of existing offshore infrastructure.

Petrochemical

Project CERES

The Ceres Urea Plant, located on the coast of Western Australia, is a large onshore facility for the production of ammonia and urea from natural gas. Once completed, it will be the world’s largest gas-based ammonia and urea production plant. It uses local natural gas to produce fertilizers, integrating ammonia production, urea production, granulation, auxiliary services, port infrastructure and water supply facilities. The plant will include production areas, storage facilities and administrative functions. A 3.2 km conveyor belt will connect the plant to the port for the transport and loading of urea intended for export. The facility is designed to contribute to the target of achieving net-zero carbon emissions by 2050.

Bioenergy

Rotterdam Site Development Project

The production of renewable products began at the Rotterdam refinery in the Netherlands in 2011, marking a significant milestone in sustainability efforts. With Neste’s current capacity for renewable products standing at 1.4 million tons in Rotterdam, it currently holds the title for the largest such capacity in Europe. To further bolster its commitment to renewable energy, Neste is undertaking a substantial investment of approximately EUR 1.9 billion for the expansion of the Rotterdam refinery. This expansion project aims to increase overall renewable product capacity by 1.3 million tons per annum. Consequently, the total renewable product capacity in Rotterdam will soar to 2.7 million tons annually, with sustainable aviation fuel (SAF) production capability accounting for 1.2 million tons. The target timeline for starting up the new production unit is set for 2026.

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