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Home Business Oil & Auto

Eni signs a cooperation agreement with Fincantieri for the development of natural gas power systems

The FINANCIAL by The FINANCIAL
May 30, 2017
in Oil & Auto
Reading Time: 1 min read
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Eni Announced Successful Drilling of Cape Vulture Appraisal Well in the Norwegian Sea
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The FINANCIAL — Eni has signed a bilateral Memorandum of Understanding with Fincantieri establishing a research and development partnership. It will include the possibility to carry out studies on energy projects related to natural gas.

The agreement covers a wide range of potential partnerships including the study of initiatives related to the natural gas transport chain, LNG, and the exploitation of gas resources, according to Eni.

This partnership aims to develop projects regarding floating platforms for offshore production and the evaluation of energy projects with a low environmental impact.

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The MoU is part of Eni’s strategy to tackle climate change, promote sustainable development and support the use of gas for transport.

It strengthens Eni’s collaboration with the Italian excellences and underlines the company’s commitment to minimize CO2 emissions, particularly in the naval sector.

In relation to the individual opportunities that will be subject of evaluation, information on related party transactions will be provided if necessary.

 

See also  uto Angst: Warnings, Pitfalls, Q4 Buyers & Dealer Disruptions -- CEO's Breakdown

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