The Offshore Cape Three Points (OCTP) project is a comprehensive endeavor focused on developing oil and natural gas reserves, specifically to meet the energy needs of Sub-Saharan Africa. Positioned off Ghana’s western coast, OCTP operates subsea wells and systems linked to the John Agyekum Kufuor Floating Production Storage and Offloading (FPSO) unit. In 2020, OCTP contributed over half of Ghana’s gas supply for thermal power generation.

PEMEX is investing in constructing two new coker plants at the Tula refinery and Salina Cruz refinery, scheduled to go online in 2024, to phase out fuel oil production. The Salina Cruz cracking refinery, located in Oaxaca, Mexico, is a non-integrated cracking facility owned by Petroleos Mexicanos. It commenced operations in 1979 and boasts a Nelson Complexity Index (NCI) of 8.1. Works on the Salina Cruz unit began in 2022. The plant is expected to contribute to the elimination of fuel oil and the increased production of ultra-low sulfur gasoline and diesel at the refinery.