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Oil&Gas

Scarabeo 5

The Scarabeo 5 is a semi-submersible offshore unit belonging to Saipem, originally designed as a 4th-generation drilling floater for exploration and production activities in harsh and subarctic environments. In 2023, Saipem was awarded a contract by Eni Congo to convert the unit into a Floating Production Unit — FPU for the Congo LNG Project. Once installed offshore the Republic of Congo, northwest of the Djeno Terminal, the unit will separate gas and liquids and compress the gas to feed a nearby FLNG unit.

Oil&Gas

Coral North Project

Coral North is the second project for the development of the considerable gas resources discovered by Eni in Area 4 of the Rovuma Basin. The Floating Liquefied Natural Gas (FLNG) unit will have a capacity of around 3.5 MTPA (million tons for year). Managed by Eni and its partners, the project involves the deployment of a second Floating Liquefied Natural Gas (FLNG) facility to double the region’s LNG production, building on the success of the Coral South project.

Bioenergy

Rotterdam Site Development Project

The production of renewable products began at the Rotterdam refinery in the Netherlands in 2011, marking a significant milestone in sustainability efforts. With Neste’s current capacity for renewable products standing at 1.4 million tons in Rotterdam, it currently holds the title for the largest such capacity in Europe. To further bolster its commitment to renewable energy, Neste is undertaking a substantial investment of approximately EUR 1.9 billion for the expansion of the Rotterdam refinery. This expansion project aims to increase overall renewable product capacity by 1.3 million tons per annum. Consequently, the total renewable product capacity in Rotterdam will soar to 2.7 million tons annually, with sustainable aviation fuel (SAF) production capability accounting for 1.2 million tons. The target timeline for starting up the new production unit is set for 2026.

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