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Ravenna: Upstream operations and CO₂ storage

Here business and the local area coexist in harmony. We produce gas in a sustainable way and we are creating a hub to store CO₂.

Working in synergy with the local community

Our commitment to the development and maintenance of gas assets has resulted in a major investment plan for the Central Northern District (DICS) of Ravenna. The plan has seen over 1.1 billion euros invested over the last three years. In the next few years an offshore decommissioning plan will also begin. This involves taking down an initial batch of nine offshore facilities. The plan should begin in 2023 or 2024. Upstream activities are in step with the local community, having reached common ground over environmental, economic and social sustainability. Emilia Romagna is a good example of the coexistence of tourism, agriculture and Oil & Gas activities. With a long history of E&P in the area, Italy’s ‘Food Valley’ has developed exceptionally high food and agriculture standards alongside its hydrocarbon fields. The coastal strip between Ravenna and Riccione, home to Eni's gas platforms, also boasts numerous Blue Flag beaches.

In the Adriatic Sea, development activities in 2020 mainly concerned maintenance and production optimization at offshore gas fields to recover the residual mineral potential. The decommissioning plan to plug & abandon non-productive wells and remove non-productive platforms progressed in the year in compliance with applicable Italian laws; a total of five offshore platforms are currently in the authorization process to be removed.

In the circular economy initiatives, a program in collaboration with national research institutions was launched to redevelop asset in the decomissioning phase. In particular, activities started up to convert an offshore platform into a marine science park. Within the VIII Agreement with the Municipality of Ravenna,in 2020 activities progressed with:

  • environmental protection projects at the coastline areas
  • energy efficiency measures
  • programs to support employment, including mentoring and training initiatives
  • completion of environmental monitoring studies

A major CO₂ storage site for Ravenna

Leveraging Carbon Capture and Storage (CCS) technology, we are aiming to build one our biggest centres in the world for CO₂ storage off the coast of Ravenna. In fact, in light of the following, the Ravenna District represents an ideal environment in which to develop the CCUS model, similar to other European projects currently at various stages of their development:

  • Eni's natural gas production assets in the Adriatic offshore are characterised by depleted or depleting fields that can be converted quickly and safely
  • It has existing infrastructures both on land and at sea that are currently serving the fields in production and that will operate in synergy with the new CCS developments since a small part will be reused, allowing for a reduction in both the cost of and the time frame for implementation and moreover eliminating the need to use or commit new areas or land resources
  • Its location is favourable in terms of transport and connecting infrastructure (presence of a large industrial port, land connections with the railway line and the national gas network) and the presence of a developed industrial system and culture
  • It has specific technical skills and knowledge of the subsoil acquired over decades of mining activity, which can be effectively converted for the purposes of decarbonization and the energy transition
  • It benefits from the presence in the area of a highly competent industrial sector that has developed over the years.

The development strategy foresees a gradual growth of the Ravenna Hub that will begin by 2023 with an experimental phase aimed at facilitating national regulatory enabling and will continue with an industrial phase that will be launched by 2026 with an initial storage capacity of 2.5 million tonnes/year (MTPA) of captured CO2, of which 2 million will stem from Eni's activities (Ravenna, Mantua and Ferrare power plants and Venice bio-refinery) and the remaining half a million from third parties. The fundamental objective where the latter are concerned is to help reduce the carbon footprint of industrial activities, particularly in hard-to-abate sectors, for which there are no other decarbonization technologies or processes that are as effective and efficient in terms of implementation time and costs available currently or in the immediate future. These sectors contribute significantly to the overall emissions of the various systems; Italy’s hard-to-abate sectors emitted around 67 million tonnes of CO2 in 2019 out of a national total of 340 million, accounting for 20% of the total and 42% of the industrial sector alone, which was responsible for the emission of 158 million tonnes of CO2 (ISPRA data 2021).

The large storage potential of the Adriatic offshore fields, which, on the basis of preliminary assessments, is estimated to be up to 500 million tonnes of CO2, gives the project flexibility for further industrial expansions with an annual storage capacity that can be easily increased from the initial one to meet the decarbonization needs of additional national and even international industrial third-party sites.

The CCUS model in Ravenna represents a great opportunity not only for Eni, but also for Italian industry to create one of the world's largest CO2 storage hubs and the leading hub not only for Italy but also for all of Southern Europe.

2020 Eni local sustainability Report for Ravenna

Each year, we publish a comprehensive report on the activities of Eni companies at the Ravenna multi-company site. A major focus of the report is a closer look at the companies’ contribution towards the target of carbon neutrality by 2050. In detailing the progress that Eni companies operating in the Ravenna area are making in tackling the challenges around decarbonization and the energy transition, it reveals how these challenges have become even starker in the light of the pandemic. The document also places safety and respect for the environment in the spotlight.

The synergy that results from integrating expertise across Eni Group’s various companies is a key driver in creating value for all its local stakeholders – within a framework of partnerships with local authorities, companies, the community and local citizens.

The document forms part of Eni’s sustainability reporting, which also includes the 2020 Consolidated Disclosure of Non-Financial Information (NFI), drafted in accordance with Legislative Decree 254/2016, and Eni’s 2020 Sustainability Report. These can be consulted for further information.

Local Report Ravenna 2020 (Italian version)

PDF 2.33 MB 27 September 2021
PDF 2.33 MB