OMV Petrom, the largest integrated energy company in South-Eastern Europe, has announced the start of a six-week general turnaround of the Petrobrazi refinery. The turnaround, which will cost approximately 80 million Euro, involves over 2 million hours of operations, 20 modernization projects, and tens of thousands of technical checks and inspections. It will be carried out by 25 main contracting companies, with over 80% of them being Romanian companies. The turnaround also includes modernization works and is part of OMV Petrom's efforts to reduce the environmental impact of the refinery.
OMV Petrom, the largest integrated energy company in South-Eastern Europe, announces the start of the general turnaround of the Petrobrazi refinery. The turnaround will take place over the course of six weeks, during which time the refinery’s activity will be stopped. The company allocated approximately 80 million Euro for this turnaround.
Radu Căprău, member of the OMV Petrom Executive Board, responsible for the Refining and Marketing activities: "A turnaround is an event of major importance in the activity of the refinery and requires a complex planning and risk management process. The turnaround will total more than 2 million hours of operations; more than 20 modernization projects and tens of thousands of technical checks and inspections of equipment and installations are planned. This turnaround required two years of preparation and it is mandatory to ensure the smooth and safe operation of the refinery. This planning also took into account ensuring the fuel supplies necessary for continuity in the supply of the market in Romania and the region."
25 main contracting companies will be involved in the turnaround, out of which over 80% are Romanian companies. The turnaround will be carried out with the help of approximately 6,000 people and will include technical expertise on over 600 pieces of equipment, checks on over 1,400 safety valves, pressure tests on approximately 6,000 pipes as well as checks on electrical and automation equipment.
At the same time with the turnaround, modernization works will be carried out at several installations within the refinery, such as replacing the coke drums. The previous turnaround took place in 2018, and the next one is planned for 2028.
OMV Petrom invested, between 2004 and 2022, approximately EUR 2 billion in the Petrobrazi refinery, one third of this amount being targeted to reducing the environmental impact.
On July 29th, 2020, OMV Petrom announced its support for the recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD) regarding risks and opportunities on climate change. OMV Petrom annually reports on the progress made in implementing these recommendations.