GRUPPO ANTONINI AWARDED NEW ‘GREEN’ ORDER BY EDINA FOR THE IRENA 3 EPCT PROJECT IN THE NORTHERN ADRIATIC
Gruppo Antonini S.p.A. announces that it has been awarded the IRENA 3 EPC project by oil & gas company EDINA, a joint venture between ENERGEAN and INA, leading Croatian Oil & Gas Company. The project, in which Gruppo Antonini plays the key role of agent, has a contract value of about €23 million and involves two other companies working in a consortium.
A distinctive feature of the project is that the plant is totally green: the energy required to operate the platform will be generated by photovoltaic panels, and the entire system will be automated and controlled remotely via a DCS system developed by the consortium, providing users with full remote monitoring of process parameters.
The scope of work includes the supply of materials, construction, pre-commissioning and commissioning, shipping and hook-up at sea of an offshore platform consisting of jacket, foundation piles and topside, with a total weight of about 800 tonnes. This project of significant strategic importance is the first of eight offshore plants planned in the northern Adriatic to support increased production at the IVANA methane field. The platform will be installed at a depth of about 35 metres and linked by a sealine to the Izabela North platform, suitably modified to receive the gas from IRENA 3.
This contract award continues a particularly favourable period for Gruppo Antonini confirming the robustness of the business model and the effectiveness of the development strategy implemented in recent years. The orders received, including major projects in Libya and the northern Adriatic, testify to the Group’s ability to consolidate its position on international markets and establish itself as a reliable partner for customers and stakeholders.
