Italy News

 

Developers Submit EIA for 1.3GW Floating Wind Project Offshore Italy

Jan 15, 2024

The Environmental Impact Assessment (EIA) procedure has begun for Odra Energia, the proposed 1.3 GW floating offshore wind project that the partnership between Renantis and BlueFloat Energy plans to develop off the southern coast of the province of Lecce in Italy.After a year-long assessment and research phase, the EIA study was submitted to the Ministry of the Environment and Energy Security (Mase)…

Snam to Invest in Ravenna FSRU

Nov 14, 2023

Italian gas grid operator Snam will invest 1 billion euros ($1.1 billion) in a new LNG offshore terminal near Ravenna, the company's CEO said on Tuesday.The floating storage and regasification unit (FSRU) will add to another LNG terminal already set up in Tuscany…

Italy to Approve Measures to Boost Energy Security as Gas Prices Rise

Oct 23, 2023

Italy will on Monday approve a decree setting aside 420 million euros ($445 million) through 2026 to build a strategic hub for floating wind power, a draft showed, while also cutting red tape for onshore liquefied natural gas (LNG) terminals…

UK, Italy's Eni Agree Carbon Capture Project Rules

Oct 17, 2023

Italy's Eni said on Tuesday it had reached an agreement with Britain's government on the key terms and conditions for providing services in one of the carbon capture and storage (CCS) projects under development in the country.Eni is the carbon…

Mozambique Offshore Gas Fields Huge Opportunity for Country, Italy PM says

Oct 13, 2023

The gas fields discovered offshore Mozambique represent a huge opportunity for the development of the African country, Italian Prime Minister Giorgia Meloni said during a visit with the head of Italian energy group Eni. Speaking after a meeting with Mozambican President Filipe Nyusi…

North Africa Will be Italy's Key Gas Supplier for Years, Eni Top Exec Says

Sep 12, 2023

Algeria, Egypt, and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects…

Saipem Secures $910M in Offshore Contracts for Ivory Coast and Italy Work

Sep 08, 2023

Italian offshore services firm Saipem has won two new contracts for offshore activities in Ivory Coast and Italy for an overall amount of 850 million euros (currently around $909,8 million).The first contract has been awarded to Saipem by Eni Côte d’Ivoire and its partner Petroci…

Prysmian Group Wins €630 Million Contract for Adriatic Link HVDC Project

Sep 07, 2023

Cable maker Prysmian Group has been awarded a new contract worth around €630 million by Terna Rete Italia S.p.A., a company fully owned by Terna S.p.A., the Italian power grid operator (TSO).The Adriatic Link project includes the design, supply…

Eni, Snam Set Ambitions for Italy's First Carbon Storage Hub

Sep 04, 2023

Carbon capture and storage (CCS) technology is key to ensuring the survival and competitiveness in Italy of industries including steel, cement and chemicals, energy group Eni and gas grid operator Snam said on Friday.The two groups joined forces…

Tuscan FSRU to be Moved Offshore by 2026

Jul 19, 2023

A liquefied natural gas (LNG) vessel moored in the Tuscan port of Piombino will be moved off the coast of Vado Ligure and Savona in Italy's northwestern region of Liguria, the president of Liguria said on Tuesday.Italian gas grid operator Snam…

Four Bidders Vie For Stake in Exxon LNG Terminal Offshore Italy - Sources

May 29, 2023

Four international groups are competing to buy Exxon Mobil Corp's majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said. The deal could value the entire LNG terminal at around 800 million euros ($881 million)…

Environmental Groups Take Eni to Court Over Climate Change

May 10, 2023

Environmental groups Greenpeace and ReCommon said on Tuesday they had launched a lawsuit against Italian energy group Eni for contributing to climate change with its fossil fuel businesses.Greenpeace said it had served notices about the lawsuit…

Italy's New Floating LNG Terminal to be Operational at End-month, Snam CEO Says

May 08, 2023

The new floating terminal for liquefied natural gas (LNG) set up in the Tuscan port of Piombino will start its commercial operations at the end of this month, the CEO of Italy's gas grid operator Snam said on Friday. The terminal will make available…

Italy's Eni Involved in 5 UK Carbon Capture Projects

Apr 03, 2023

Italy's Eni said on Friday it was involved in five carbon capture projects selected by Britain in a first group of initiatives worth 20 billion pounds ($25 billion) of government funding.The British government last Thursday said it had shortlisted…

GreenIT, CIP to Build Three Floating WInd Farms in Italy

Mar 22, 2023

GreenIT, a joint venture between Plenitude (Eni) and CDP Equity (CDP Group), and Copenhagen Infrastructure Partners (CIP) through its Flagship Funds have signed an agreement to develop three floating offshore wind projects in Latium and Sardinia…

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