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The project aimed at the installation of piping and equipment of the Everdup Process Plant gas compression station, part of the Baltic Pipe project in Denmark. The Baltic Pipe is a strategic infrastructure project that aims to create a new gas supply corridor in the European market. Operational since October 2022, the Baltic Pipe is 900km long for a total cost of 1.88 billion dollars: it connects the Norwegian gas transport system with Denmark and Poland via an underwater gas pipeline in the North Sea.

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.

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.