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Oil&Gas

Búzios V Subsea Development Project

Búzios V (Búzios-5) Subsea Development Project is the fifth development phase of the Búzios pre-salt oil field, located in the Santos Basin offshore Rio de Janeiro, Brazil. Operated by Petrobras, the project involves the development of a subsea production system connecting 15 wells to the FPSO (Floating Production, Storage and Offloading) Almirante Barroso.

Oil&Gas

Algeria JV Gas Project

In production since 2004, In Salah Gas is a joint venture between Sonatrach, BP and Statoil (now Equinor). It is Algeria’s largest dry natural gas joint venture and one of the country’s key gas export projects supplying Southern Europe. The project has a production capacity of approximately 9 billion cubic metres of dry natural gas per year from seven gas fields located in the central Algerian Sahara.

Oil&Gas

Aegean Refinery Project (ARP)

The Aegean Refinery Project, officially known as the SOCAR STAR Oil Refinery, is an oil refinery located in Aliaga, Turkey. It is the largest refinery project in Europe, Middle East, and Africa (EMEA) with a processing capacity of ten million tonnes (Mt) of crude oil a year, which is equivalent to 214,000 barrels a day. STAR Refinery meets approximately 20% of Turkey’s demand for processed crude oil products and reduces the country’s petroleum products imports.

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