Eni at OMC 2023 presents new strategies for the energy transition

Eni at OMC 2023 presents new strategies for the energy transition

Eni at OMC 2023 presents new strategies for the energy transition

Eni at OMC 2023 presents new strategies for the energy transition

Eni at OMC 2023 presents new strategies for the energy transition

The OMC Med Energy Conference & Exhibition took place in Ravenna from 24 to 26 October 2023, celebrating its 30th anniversary this year. In addition to traditional industry themes, the 2023 edition introduced topics such as the circular economy, the role of technologies and pathways to carbon neutrality, with a constant focused on the complex global scenario we are living in.  

As in previous editions, Eni was among the protagonists of what has become the Mediterranean area's main event to discuss energy, with institutional meetings, networking opportunities and debates.

Recounting our path to carbon neutrality

All Eni businesses participated, in order to describe our unified and integrated strategic vision to achieve Net Zero by 2050.

Energy security, environmental sustainability and affordability remain essential goals in the current context of geographic and technological diversification of energy sources. This strategy is also proving to be effective in the short term: Eni is dealing with the current energy supply crisis with a plan to increase gas supplies from multiple countries through a system of alliances with international producers and partners.

There were different themes highlighted in Eni’s stand, through installations, videos, talks and presentations to the public, from the development of technologies related to the capture, storage and utilisation of CO₂ (CCUS), which are essential for the decarbonization of processes, to our biofuels, which will increasingly be produced from biogenic residue and waste and from raw materials (agri-feedstock) grown on degraded, semi-arid or abandoned land that cannot be used for food production.

Sustainable mobility was also be at the centre of the debate because of its ability to contribute to the achievement of the net zero emissions target by 2050 and to provide Eni's customers with a variety of decarbonized products and services in the future.

Also connected with the circular economy are various initiatives in chemistry by which we obtain new materials and (under a perspective of complementarity) products from alternative raw materials resulting from the recycling of plastics and renewable plant-based sources, as well as the valorisation of industrial land, water and waste, through efficient and sustainable reclamation and recovery projects. 

The Ravenna CCS Hub will be one of the world's largest sites for CO₂ storage.

The CO₂ capture and storage (CCS) project currently being developed by a joint venture between Eni and Snam in the Adriatic offshore will contribute to reducing emissions from hard-to-abate industries. CCS is one of the most cost-effective methods of industrial decarbonization in terms of cost per tonne of emissions avoided. Once activated, the project will immediately reduce up to 90% of the Ravenna district's industrial CO₂ emissions. On 25 October, during OMC 2023, Paolo Murmura, Development Project Manager - Ravenna CCS Phase 1 (Eni), presented the project together with Paolo Testini, Director of the CCS Project and Carbon Removal Development (SNAM) and launched the website dedicated to the next phases.

Research and new technologies

Technology is at the heart of Eni's strategy and transformation and is developed with an integrated approach that can propose different solutions to achieve decarbonization goals.

Energy security, sustainability and accessibility

We aim to meet the three pillars of the energy trilemma - environmental sustainability, energy security and accessibility - by diversifying energy sources.

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