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.
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.
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.