Wood Group wins contract to work on eco fuel refinery in Romania

(Sharecast News) - John Wood Group on Thursday said it had won a contract by OMV Petrom for a major project to boost production of sustainable fuel in Southeast Europe. After work on the front-end engineering and design at the PetroBrazi refinery in Romania, Wood will now deliver engineering, procurement and construction management to install a new bio-hydrotreater unit and relevant storage facilities. No financial details were disclosed.

The refinery in Romania will become the first major production facility for sustainable aviation fuel (SAF) in the region. It will also produce hydrotreated vegetable oil.

"SAF results in significantly lower CO2 emissions compared to traditional fossil kerosene. The Petrobrazi refinery upgrades and its new SAF production will support the European Commission's goals to reach 6% SAF at EU airports by 2030 and 70% by 2050, ultimately helping to decarbonise the aviation industry," the company said.

Reporting by Frank Prenesti for Sharecast.com