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Last updated : 30/10/2026 - 17h36
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North Atlantic Refining Resumes Operations at Refinery After 450,000 Hours of Maintenance

North Atlantic Refining begins restarting units at its Gravenchon refinery starting April 11, 2026, following the completion of planned maintenance on part of the facilities. This restart phase, estimated to take about a week, will be accompanied by intermittent flaring and occasionally higher noise levels than usual.


North Atlantic Refining Resumes Operations at Refinery After 450,000 Hours of Maintenance

Ensuring Safety and Minimizing Disruptions During Restart

North Atlantic Refining is implementing all necessary measures to ensure the safety of operations and minimize nuisances as much as possible. Flares are a critical part of the refinery's safety system. The company is coordinating with the contractors involved in this critical phase. Management apologizes in advance for any inconvenience and thanks the local residents for their understanding.

Planned Shutdown Facilitates Significant Maintenance and Upgrades

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This planned shutdown enabled inspection and maintenance work on equipment that normally operates continuously, involving about 450,000 work hours and 1,200 people per day at peak activity. Several key projects were implemented aimed at enhancing energy efficiency and the site's competitiveness, notably through improved thermal integration of certain units and the implementation of waste heat recovery systems. These improvements are estimated to reduce CO? emissions by 10,000 tons per year, calculated according to a methodology compliant with international carbon accounting standards.



Sector Énergie › Pétrole et gaz intégrés


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 5 884 millions d'euros
  • Quarterly revenue: 5 884 millions d'euros
  • Revenue growth: 0,7 %
  • EBITDA: 313 millions d'euros
  • EBITDA margin: 5,3 %
  • Net income: -30,3 millions d'euros
  • 689,6 millions d'euros
Risks mentioned
  • Exposition aux incertitudes de l'évolution du prix du pétrole brut et du taux de change du dollar
  • Volatilité des prix des produits pétroliers et des marges de raffinage dans un marché ouvert à la concurrence mondiale
  • Transition énergétique conduisant à une baisse de la consommation d'énergies fossiles et une évolution significative des marchés
Opportunities identified
  • Autorisation accordée d'augmenter de 10 % la production de gazole et de kérosène de la raffinerie pour renforcer la sécurité d'approvisionnement national
  • Hausse de la production de 28 % au premier semestre reflétant la bonne performance opérationnelle du site
  • Amélioration de l'EBITDA ajusté de 96 M€ reflétant l'amélioration de l'environnement de marge

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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