Eni, Statoil to partner in renewables

First Hywind turbine. Byline: Helge Hansen. Source: Digitalt. Credit: Statoil ASA (statoil.com).

March 16 (Renewables Now) - Italian oil and gas major Eni SpA (BIT:ENI) and Norwegian energy group Statoil (STO:STLO) have unveiled plans to partner in the renewable energy sector.

The companies said on Twitter they will together evaluate greenfield projects, the integration of renewable energy solutions in existing oil and gas fields, and research and development (R&D) activities.

Eni already has renewable energy operations in Europe and in emerging markets, including a number of solar projects. The Italian company also has an agreement with US conglomerate General Electric (NYSE:GE), announced in November 2016, to jointly identify and develop large-scale renewable energy projects and hybrid solutions with a focus on energy efficiency.

Statoilis involved in a number of European offshore wind projects, including the 30-MW Hywind Scotland floating wind project and the 402-MW Dudgeon development. The Norwegian company is also expected to be a key actor in the rise of the fledgling offshore wind sector in the US.

More stories to explore
Share this story
About the author
Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for almost nine years. She's got a soft spot for emerging markets.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription