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Photo 2 - Global Energy
                                                                                               Group - Nigg Yard

            projects (from Egypt to Croatia, Russia to Qatar),   initiative because it meets the requirements we
            we believe we have the skills and expertise to deli-  had originally identified. During our initial contacts,
            ver them successfully in the UK too.      we immediately recognised a common long-term
                                                      vision which was also determined by a similar sha-
                 In order to take full advantage      reholding structure to ours: the majority of the sha-
                 of all the potential opportunities   res in both companies are owned by the families
                                                      that founded them.
            “arising from the offshore market
                 in the UK, we decided to                 In the Global Energy Group, we
                 invest in a long-term strategic          have found the perfect partner
                 partnership with a reliable UK  “for this initiative, because
                 operator                                 it meets the originally identified
                                                          requirements
            We were also pleased to see that our idea of co-
            operation and partnership was shared by other   Global Energy is a financially sound group of com-
            companies and was confirmed by Lorenzo Simo-  panies, with a solid reputation in the UK market as
            nelli, CEO of Baker Hughes, who said at the last   a service provider. It has a turnover similar to that of
            Annual Meeting: “There’s no path to net-zero wi-  Rosetti Marino,  it operates the Port of Nigg in the
            thout partnership and collaboration”.     Scottish Highlands with a 33 hectare yard equip-
                                                      ped with all the required facilities for our projects
                                                      (see photo 2). In addition, Global Energy is strongly
            Identifying and choosing                  motivated in investing resources in order to play a
                                                      leading role in the offshore renewable energy mar-
            a partner                                 kets and more generally in Energy Transition (Gas
                                                      to Wire, Blue and Green Hydrogen, Carbon Cap-
            For a partnership to be long-term, it is essential to   ture, etc.). This very strong common interest has
            clearly identify from the outset the characteristics   already given way to the commencement of our
            that the potential partner must have. The require-  collaboration in Offshore Hook-up and Commis-
            ments we were looking for were many: financial   sioning activities where Rosetti Marino is currently
            solidity, a common business vision, a similar size   working on the Tolmount Project for Premier Oil
            to ours, the availability of suitable assets, the pre-  (see photo 3).
            sence of skills which were complementary to ours
            and, last but not least, an interest in making an in-
            vestment in order to play a leading role in the ener-
            gy transition process.                    Objectives
            The search required a great deal of effort, also   This initiative is also part of a broader entrepreneu-
            because it was strongly influenced by movement   rial project aimed at consolidating Rosetti Marino’s
            restrictions. However, if this made the process   position among the leading players in the current
            slightly longer, it did not prevent us from achieving   and future energy market.
            the goal we had set ourselves.  In Global Energy   The  collaboration  with  Global  Energy  has  three
            Group, we have found the perfect partner for this   main business goals: Natural Gas, Wind and Ener-



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