Supported byClarion Energy
HomeOilRomania: OMV Petrom...

Romania: OMV Petrom will invest in Petrobrazi refinery upgrades

OMV Petrom will invest some 70 million euros in its Petrobrazi refinery to replace certain facilities that are essential during the refining process. These are the four coke drums that function at very high temperatures and help upgrade heavy components to superior products.

Member of the OMV Petrom Executive Board, responsible for Downstream Oil, Radu Caprau said that the company is constantly investing in modernizing the Petrobrazi refinery. The replacement of the coke drums is a project with a very high degree of technical and organizational complexity and the new units will have an important contribution to increasing the efficiency and safety of the refinery’s operations.

The four coke drums are designed for a lifespan of over 20 years and 5,000 operating cycles and will be produced in Romania. The process of replacing the coke drums will take place between 2021 and 2023.

The Petrobrazi refinery has a total crude oil processing capacity of 4.5 million tons per year. Starting in 2005, OMV Petrom has invested some 1.8 billion euros in modernizing the refinery, one third of this investment contributing to reducing its environmental impact.

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Rompetrol Rafinare boosts Petromidia storage capacity amid refinery upgrade

Rompetrol Rafinare is expanding storage capacity at its Petromidia refinery as part of a programme aimed at improving the flexibility and reliability of crude oil and fuel logistics. The company’s works include changes to tank capacity and refurbishment across...

Romania emergency Danube measures for cooling-water supply at Cernavoda

Three-stage plan tied to intake basin water level Romania has approved an emergency intervention plan aimed at maintaining cooling-water supplies for the Cernavoda nuclear power plant amid exceptionally low Danube levels. The measures would be triggered if the water level...

Romania becomes Southeast Europe’s battery-financing laboratory

Romania is moving beyond announcing battery projects and beginning to demonstrate how large-scale storage can actually be financed. August produced some of the clearest evidence yet. Econergy’s Părău 2 project secured a financing package of approximately €229 million from six banks and financial institutions. The...
Supported byVirtu Energy