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Eni S.p.A (NYSE: E), a leading integrated energy player, has been awarded an agreement for lease by The Crown Estate for a carbon capture and storage project. The agreement for lease was awarded for the Hynet project, the first CCS project in the United Kingdom to reuse existing pipelines and infrastructure to reduce emissions. Reusing the existing infrastructure should help reduce the project’s cost and the overall environmental damage associated with the construction of a new project. Eni Awarded Lease Agreement for the HyNet ProjectThrough this agreement, Eni will gain the rights to access …

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