Eni and Fincantieri sign cooperation agreement for LNG power systems

Oil company Eni and shipbuilder Fincantieri have signed a cooperation agreement for the development of natural gas power systems.

The Italian companies announced that a bilateral Memorandum of Understanding has been signed to establish a research and development partnership which 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. This partnership aims to develop projects regarding floating platforms for offshore production and the evaluation of energy projects with a low environmental impact.

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