Saipem signs MoU with AGNES and QINT’X to develop 450 MW offshore wind project in Ravenna

Italian oil and gas contractor Saipem has signed a Memorandum of Understanding (MoU) with AGNES and QINT’X to co-develop a 450 MW wind farm in the Adriatic Sea off the coast of Ravenna, Italy. AGNES is a company that develops renewable energy projects in the Adriatic Sea, in particular offshore and nearshore wind farms, floating solar panels at sea, energy storage systems and hydrogen production from renewable sources, while QINT’X specializes in renewable energy, specifically solar, wind and hydroelectric energy and e-mobility (electric vehicles).

The project will involve the installation of approximately 56 turbines on fixed foundations on the seabed at two different sites: one located more than 8 nautical miles from the shore, and the other more than 12 miles from the shore. The overall installed power will be approximately 450 MW. As part of this project, innovative technologies will also be used such as floating solar technology based on the proprietary technology of Moss Maritime, which is part of Saipem’s XSIGHT division dedicated to developing innovative solutions to speed up decarbonization process in the energy sector. The project will be the first project to develop such integrated solutions, offering the opportunity to find an alternative solution to decommissioning O&G platforms in the Adriatic Sea.

This project will be implemented in a highly industrialized area and the local industry will be involved in supporting it.