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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.

A major CO₂ storage site for Ravenna

Leveraging Carbon Capture and Storage (CCS) technology, we are aiming to build one our biggest centres for CO₂ storage off the coast of Ravenna, quickly and safely converting spent natural gas deposits that could potentially hold 300-500 million tonnes of CO₂. Once operational, these stores will make it possible to decarbonize not only all of Eni’s activities but also other industries. Reusing existing facilities allows us to cut construction costs, making Ravenna a blueprint for future projects in our decarbonization process. We intend to seek support from the European Innovation Fund for the Ravenna project, which will have significant knock-on effects in terms of technology and skills, helping us to create a new, competitive and fully ‘Made in Italy’ industrial supply chain.