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PROJECTS

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Bioenergy

H2GS — Sweden — 2.1 MTPY HDRI and BRI Plant

H2 Green Steel was launched in 2021 in Boden, northern Sweden, is designed to produce 2.1 million tonnes per year of hot direct reduced iron (HDRI) and hot briquetted iron (HBI) using fossil-free hydrogen-based direct reduction technology. The project aims to decarbonize steel production by replacing fossil fuels with renewable hydrogen during the iron reduction process. Integrated with an electric arc furnace (EAF), the plant is expected to reduce CO₂ emissions from ironmaking by up to 95% compared with conventional blast furnace technology, supporting the production of near-zero-emission steel. The start of production is planned in 2026.

Oil&Gas

Rijeka Refinery — Urinj — Kostrena

The Rijeka Refinery, located in Urinj, Croatia, is an oil refinery that processes crude oil to produce fuels and refined petroleum products. The plant has undergone a major modernization project worth approximately €700 million, aimed at the construction of a Delayed Coking Unit and associated facilities. The project enables the refinery to process a wider range of crude oils, including heavier grades, with a capacity of up to approximately 4 million tonnes per year.

Oil&Gas

Castorone

Castorone, located in the Black sea, the is one of the world’s largest and most technologically advanced pipelay vessels. Operating in S-lay configuration, it is capable of installing pipelines up to 60 inches in diameter in environments ranging from shallow waters to ultra-deepwater. Equipped with a DP3 dynamic positioning system, an advanced automated welding line, and a high-capacity pipelay system, Castorone delivers high production rates, precision, and reliability for complex offshore pipeline installation projects.

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