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The “Modernización Refinería Talara” project involves the refurbishment and modernization of the Talara refinery located in Peru. The project seeks to achieve two key objectives: reducing sulfur content in diesel, gasoline, and LPG fuels to a maximum of 50 ppm and increasing the refinery’s crude processing capacity from 65,000 to 95,000 barrels per day (BPD), allowing for the processing of heavy crude and conversion of residual products into marketable ones.

Petrobrazi, boasting an annual refining capacity of 4.5 million tons/year of crude oil, stands as one of Romania’s foremost refineries. It serves as a pivotal hub where crude oil undergoes processing, resulting in a diverse array of high-value petroleum products, ranging from gasoline and diesel to LPG and aviation fuel. Presently, Petrobrazi operates at exemplary environmental and performance standards, capable of refining the entire equity crude oil production of OMV Petrom. In a strategic move towards sustainability, the Romanian oil company plans to construct 55MW of green hydrogen projects at its Petrobrazi refinery, located 60km north of Bucharest. This initiative involves the installation of two electrolysers, one with a capacity of 35MW and the other with 20MW. The renewable hydrogen generated will be utilized in the production of bio-based sustainable aviation fuel (SAF) and biodiesel, marking a significant step towards reducing carbon emissions in the aviation sector.

Situated in the Thi Qar province, approximately 5km northwest of Al-Refaei city and 85km north of Nasiriya, the Garraf oil field has an onshore location. Discovered in 1984, this oil field contains oil reserves within Cretaceous reservoirs. Spanning 17.5km in length and 5.5km in width, it is estimated to harbor 1.3 billion barrels of oil. Upon reaching full production, the field’s production capacity is projected to escalate to 230,000 barrels of oil per day (bopd). Transportation of the oil field’s products is facilitated through a 13km pipeline to the Gharraf-Badra tie-in area (GBTA). Subsequently, it is conveyed via a 28-inch, 92km pipeline to the Nassiriyah storage depot.