Rosetti Marino S.p.A., the parent company of the Rosetti Marino Group – a leading player in the design and construction of offshore and onshore plants for the energy sector, including renewables, oil & gas, and carbon neutrality – announces it has been awarded a new offshore EPC contract in the North Sea, valued at over €300 million.
The project, awarded by Liverpool Bay CCS Ltd (an Eni Group company), covers the full Engineering, Procurement, and Construction (EPC) scope for four CO₂ storage platforms in depleted reservoirs. The platforms will be installed in the Liverpool Bay area off the UK coast.
Rosetti Marino’s scope includes design, material procurement, construction, load-out, offshore hook-up, and commissioning. This project supports one of the world’s largest CO₂ storage initiatives, advancing Europe’s decarbonization goals and reinforcing Rosetti Marino’s expertise in carbon management.
Work begins immediately, with phased completion between 2026 and 2028.
It is understood that in April this year, Eni announced that it had reached financial settlement with the UK Department for Energy Security and Net Zero Carbon (DESNZ) on the Liverpool Bay CCS project, marking the project’s entry into the construction phase. Afterwards, the North Sea Transition Authority (NSTA) issued Eni three carbon storage licenses for CCS projects, allowing the development of 109 million tons of CO₂ storage systems within 25 years.
The Liverpool Bay CCS project will form the backbone of the HyNet Industrial Cluster, located in one of the most energy-intensive industrial areas in the UK. CO₂ will be collected from plants in North West England and North Wales and transported via new and repurposed infrastructure to Eni’s depleted natural gas reservoirs on the seabed of Liverpool Bay in the Irish Sea for permanent storage.
At the end of April this year, Eni awarded Italian offshore giant Saipem a three-year, €520 million offshore contract to provide engineering, procurement and construction services for a CCS project in the North England, as well as assisting with the commissioning of a new CO₂ power compression station, which will be integrated with both the offshore and onshore components of the overall development.