Shelving and tools organizer

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.

The project involves upgrading the Reactor and Regenerator sections of the FCC Unit at Lukoil’s refinery in Bulgaria. This upgrade will boost the unit’s efficiency, enabling it to process more oil and produce higher-quality products. Additionally, it sets the stage for Lukoil’s future investments in the refinery, positioning the company for long-term success in the industry.

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.