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Oil&Gas

Duqm Refinery Project

Expected to possess a capacity of 230,000 barrels per day, the DUQM Refinery is an integrated project of national significance situated within the Special Economic Zone of Duqm (SEZAD). The 230,000 BPD Duqm Refinery stands as a crucial endeavor for the advancement of Duqm, the Al Wusta Governorate, and the broader Omani economy. With the goal of establishing one of the Middle East’s premier ports in the Duqm region, the Sultanate of Oman aims to capitalize on its strategic location along the Arabian Sea. Within this framework, this project serves as the primary driving force and facilitator for the subsequent development of a significant new commercial, residential, and touristic area in Oman.

Oil&Gas

Flatfish

FlatFish is a hybrid, fully autonomous underwater inspection drone developed by Saipem to perform autonomous inspections of subsea infrastructure. Designed to operate at depths of up to 3,000 metres, it carries out inspection activities on pipelines, subsea structures and other underwater assets, contributing to safer and more efficient offshore operations. Following the successful completion of functional tests at Saipem’s testing facility in Trieste, Italy, the project has entered its final phase, with FlatFish scheduled for deployment in Petrobras’ ultra-deepwater offshore operations in Brazil.

Oil&Gas

North Safa Field Development Project

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.

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