Rosetti Marino

What Rosetti Marino does

Rosetti Marino SpA is a 100-year-old Italian EPCI (Engineering, Procurement, Construction, Installation, and Commissioning) contractor headquartered in Ravenna, Italy, publicly traded on Borsa Italiana's AIM Italia/MAC market since 2010 (ticker: YRM). The company designs and builds offshore energy infrastructure for international oil majors, national oil companies, utilities, and renewables developers, with project delivery across more than 18 countries including the UK, Norway, Netherlands, Germany, France, Kazakhstan, Nigeria, Libya, Qatar, UAE, Ivory Coast, and Argentina. Its core product portfolio spans oil and gas (topsides, jackets, living quarters, compression and utility modules, brownfield revamping), renewables (offshore wind substations, jackets, transition pieces), carbon capture and storage (CCS) facilities, and hydrogen production platforms. The company operates two owned fabrication yards—Piomboni in Marina di Ravenna (104,000 m², 18,000 tonnes/year structural capacity, 2.4 million manhours/year) and Temir-At in Atyrau, Kazakhstan (880,000 m² land plot via KCOI)—and maintains engineering offices in Milan plus wholly owned subsidiaries and joint ventures in Nigeria, UAE, UK, Libya, and Qatar to satisfy local content requirements.

The business model is built on lump-sum fixed-price EPC and EPCIC contracts, typically ranging from tens to hundreds of millions of euros, secured through competitive tendering and direct negotiation with energy operators. Revenue is recognized over multi-year project lifecycles via milestone-based billing. Distribution is exclusively direct enterprise sales through dedicated sales teams ([email protected]), regional engineering offices, and a qualification-vendor ecosystem via the SupplHi platform; no resellers or third-party channels are used. Approximately 50% of current projects focus on energy transition and carbon capture, reflecting a deliberate strategic pivot from 2020 onward. The company invests in proprietary technology through wholly owned Green Methane Srl (60%, CO2 capture and biomethane), and through R&D partnerships with Politecnico di Milano and CNR-ISSMC on the e-RWGS electrified syngas reactor and the REACCTS consortium (funded by MASE and the Emilia-Romagna Region under PR FESR 2021-2027). Capital structure is public-equity-supported with sustainability-linked debt, including a EUR 20 million sustainability-linked bond issued in December 2025.

Name

Rosetti Marino

Legal name

Rosetti Marino SpA

Website

https://rosetti.it

Company type

Public

Founded year

1925

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Rosetti Marino is an Italian EPCI contractor delivering offshore energy infrastructure—platforms, jackets, wind substations, CCS modules, and hydrogen facilities—to oil majors, NOCs, and renewables developers. Founded 1925, it operates fabrication yards in Italy and Kazakhstan with subsidiaries across six countries.

Ownership category

akta.pro rank

Product category

Offshore Engineering & Construction Services

NAICS

Architectural, Engineering, and Related Services (5413)

akta.pro primary industry

Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support) (EUAMAFAI)

akta.pro secondary industries

Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Wind Blades, Towers & Foundations Manufacturing (EUAMACAD), Project Management & Owner’s Engineering / Technical Consultancy (Spec Writing, Bid Support, Site Support) (IMAJAGAO), Production Design & Detailed Engineering (3D CAD, Drawings, BOM, Nesting) (IMAJAGAK)

Keywords

• Offshore engineering construction
• Energy EPC services
• Renewable energy infrastructure
• Hydrogen plant engineering
• Carbon capture construction

Headquarters

HQ city

Ravenna

HQ country

Italy

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

1. EPC / EPCIC Contracts: The primary revenue stream is from lump-sum, fixed-price EPC (Engineering, Procurement, Construction) and EPCIC (plus Installation and Commissioning) contracts for offshore platforms, renewables structures, CCS facilities, and LNG terminals. Contracts range from tens to hundreds of millions of euros, secured through competitive tendering and direct negotiation with energy operators. Revenue is recognized over the project lifecycle (milestone-based billing).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Rosetti Marino is an Italian EPCI (Engineering, Procurement, Construction and Installation) contractor for the energy industry, founded in 1925 and headquartered in Ravenna, Italy. The company designs, fabricates, transports, installs and commissions offshore platforms, process modules and energy infrastructure for oil & gas, offshore wind, hydrogen, carbon capture and biomethane projects. It also delivers ongoing technical, maintenance and marine support services through its subsidiary network.

Product overview

Rosetti Marino is an EPCI (Engineering, Procurement, Construction, Installation, Commissioning) contractor providing integrated services to the global energy industry. The company operates a multi-product portfolio organized around four core business areas: Oil & Gas (offshore platforms, topsides, jackets, living quarters, power generation, compression modules, and subsea structures), Renewables & Carbon Neutrality (electrical substations, wind foundations, transition pieces, CCUS, biomethane), Hydrogen (grey, green and blue hydrogen plants), and Technical Services (studies, engineering, asset management, commissioning). The portfolio includes major projects such as the Liverpool Bay CCS Project, Bouri Gas Utilization Project, Baseload Power Hub (battery/electrolyzer/fuel cell systems), Ravenna LNG Terminal, and multiple offshore wind projects. Innovation initiatives focus on proprietary e-RWGS/e-ROSS technology for electrified syngas production from CO₂ and green hydrogen, as well as the REACCTS consortium for industrial-scale carbon conversion. The company maintains two major construction yards in Italy (Piomboni) and Kazakhstan (Temir-AT).

Differentiator

Problem solved

Functional benefit

Brands

• Rosetti Pivot Ltd (RPL): Subsidiary focused on offshore installation revamping and modernization projects in Nigeria
• KCOI – Kazakhstan Caspian Offshore Industries
• Rosetti Ali & Sons LLC (RAS)
• Rosetti Superyachts (RSY)
• RosettiCares
• 3R Values Program

Products and services

• Offshore Oil & Gas EPCI Services Full-scope Engineering, Procurement, Construction and Installation of offshore platforms, jackets, topsides and process modules for oil & gas operators. Delivered through integrated Italian fabrication yards and offshore installation spreads, targeting international integrated energy majors.
• Offshore Wind EPCI Services Engineering, Procurement, Construction and Installation services for offshore wind infrastructure, including floating wind foundations and substations. Evidenced through delivery for CrossWind (Shell/RWE joint venture) at the Hollandse Kust Noord project, targeting offshore wind developers.
• Hydrogen and Carbon Capture EPCI Services EPCI delivery of hydrogen production, handling and carbon capture and storage (CCS) infrastructure, extending the company's offshore and process expertise into low-carbon energy assets for energy operators and developers.
• Biomethane Project Delivery Development and delivery of biomethane / renewable methane projects, provided through the Green Methane subsidiary, targeting renewable gas operators and industrial off-takers.
• Aftermarket Technical and Maintenance Services Ongoing technical, maintenance and operational support services for installed offshore and energy assets, delivered through the Rosetti Pivot subsidiary to operators' installed base.
• Process Module Fabrication and Integration Fabrication and integration of process modules for offshore and energy projects, delivered through the KCOI subsidiary, supporting EPCI projects and third-party module requirements.
• Process and Detailed Engineering Services Process and detailed engineering design services for oil & gas, renewables, hydrogen and CCS projects, delivered through the Fores Engineering subsidiary to operators and EPC clients.
• Logistics and Heavy Transport Services Specialised logistics, shipping and heavy transport services for energy projects, provided through the Tecon subsidiary to support EPCI projects and external clients.
• Marine and Offshore Support Services Marine and offshore support services supporting installation campaigns and offshore operations, delivered through the RAS subsidiary to energy operators and contractors.

Quantifiable outcome

• 18,000 tonnes/year structural fabrication capacity at Piomboni Yard
• +5 more outcomes

Named customers15 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core, supportive, strategic and major.

• Politecnico di MilanocoreTechnology or Integration · 27 September 2023Academic partnership for the e-RWGS experimental validation project. Politecnico di Milano collaborated on experimental validation of the electrified Reverse Water Gas Shift (e-RWGS) technology and LCA/LCC studies for synthetic fuel production. Also a partner in the REACCTS project alongside CNR-ISSMC.
• CNR-ISSMC (National Research Council of Italy – Institute of Studies on Intelligent Systems for Automation)coreTechnology or Integration · 1 January 2023Research partner in the REACCTS consortium alongside Rosetti Marino (lead) and Politecnico di Milano. CNR-ISSMC contributes expertise in intelligent systems for automation relevant to the CO₂-to-syngas reactor technology.
• Emilia-Romagna RegionsupportiveOthers · 1 January 2023Emilia-Romagna Region has awarded funding to Rosetti Marino for three innovation projects: e-RWGS (under regional call for Research Projects in Aerospace Economy and Critical Infrastructure Design), e-ROSS FV (photovoltaic installation at Via Trieste site), and e-ROSS R&S (scale-up of e-RWGS technology under PR FESR 2021-2027 programme).
• MASE – Italian Ministry of Environment and Energy SecuritysupportiveOthers · 1 January 2023MASE awarded funding to the REACCTS project (Renewable Energies And Capture CO2 To Syngas) through the national Mission Innovation 2.0 call for proposals in the field of biohydrogen and biofuels.
• Baker HughesstrategicStrategic or Co-development Partner · 18 June 2021Protocollo di intesa (memorandum of understanding) signed June 18, 2021 between Rosetti Marino and Baker Hughes. Nature of partnership relates to technology and project collaboration in the energy sector, though specific details of the agreement are not publicly disclosed.
• Green Methane SrlcoreStrategic or Co-development Partner · 1 February 2021Rosetti Marino acquired 60% of Green Methane Srl in February 2021, expanding technological expertise in CO₂ capture in line with Renewables & Carbon Neutrality strategy. The company specializes in methane-related technologies for energy transition.
• Rosetti Ali & Sons LLC (RAS)coreStrategic or Co-development Partner · 1 January 2019Joint venture established in Abu Dhabi, UAE in 2019 under Emirati law. Strategic partnership with a major local construction contractor to deliver high-level services in construction of offshore structures in the Arabian Gulf region. Addresses local content requirements in the UAE and broader Gulf region.
• Rosetti Pivot Ltd (RPL)coreStrategic or Co-development Partner · 1 January 2014Joint venture between Rosetti Marino and a prominent local Nigerian shareholder, established in Lagos, Nigeria in 2014. Key vehicle for entering the Nigerian offshore revamping market, focusing on modernization of offshore installations that have exceeded 20 years of service. RPL managed the Idoho platform project and subsequent offshore revamping contracts for Mobil Producing Nigeria.
• KCOI – Kazakhstan Caspian Offshore Industries LLPcoreStrategic or Co-development Partner · 1 January 2008Established in 2008 as the Rosetti Group company operating in Kazakhstan. Progressively structured to manage major offshore and onshore projects with its own personnel. Awarded the first hybrid renewable-gas power plant contract in Kazakhstan. Operates the Temir-At Yard in Atyrau.
• Fores Engineering SrlcoreStrategic or Co-development Partner · 1 January 1992Established in Forlì in 1992 as a subsidiary specializing in engineering and electro-instrumental services. Expanded into design and construction of automation and control systems, skid and package units, and technical assistance. A key Rosetti Group subsidiary contributing multidisciplinary engineering capabilities.
• Tecon SrlcoreStrategic or Co-development Partner · 1 January 1982Tecon Srl was founded in 1982 by Tullio Balestra and Dario Varisco, specialized in structural design and support for construction and installation of offshore structures. Tecon is a long-standing Italian subsidiary of the Rosetti Group, contributing to complex projects including the Costa Concordia salvage operation and major platform designs (West Franklin, Basis Engineering).
• RosBos Consortium (Rosetti Marino & Bouygues Offshore)majorStrategic or Co-development Partner · 1 January 1980Consortium company established in the 1980s between Rosetti Marino and Bouygues Offshore. Brought complex offshore projects to the Piomboni Yard and established Rosetti Marino's international client base. Benchmark for offshore plant engineering in the Mediterranean and West Africa.

Scale indicators14 records

Recent moves18 records

Expansion highlights6 records

Broad incumbents

• Petrofac: Global EPC and operations services provider for the energy industry; broader incumbent serving oil & gas, renewables, and CCS with engineering and asset management capabilities overlapping Rosetti Marino's services portfolio.

Direct peers

• Subsea 7: Global seabed-to-surface offshore contractor delivering EPCI for subsea, pipelines, and offshore wind; comparable to Rosetti Marino in offshore energy infrastructure, with growing overlap in floating wind and offshore green hydrogen.
• Aker Solutions: Norwegian offshore engineering and EPC contractor for oil & gas, offshore wind, and CCS; directly comparable to Rosetti Marino in topsides design, fabrication, and offshore energy-transition project execution.
• McDermott International: Offshore EPCI contractor for offshore oil & gas and energy transition; directly comparable in fixed and floating platform fabrication, offshore wind, and CCS project execution across Europe, the Middle East, and West Africa.
• Sembcorp Marine: Singapore-based offshore, marine, and energy-transition EPCI yard operator; comparable to Rosetti Marino's Piomboni and Temir-At yards in fixed/floating platforms, FPSO modules, and offshore wind structures.
• Saipem: Italian-headquartered offshore and onshore EPCI contractor serving oil & gas and renewables; directly comparable to Rosetti Marino in offshore platforms, jackets, and energy-transition projects, with overlapping customers (ENI, TotalEnergies) and Mediterranean/European yard footprint.
• TechnipFMC: Global integrated offshore EPCI and subsea services provider; competes with Rosetti Marino on topsides, subsea structures, and offshore energy infrastructure, including CCS and hydrogen projects with major IOCs and NOCs.

Others

• Mammoet: Global heavy lifting and transport specialist serving offshore wind, oil & gas, and civil projects; adjacent to Rosetti Marino as an enabling contractor for offshore module load-outs, transport, and installation support.

Emerging players

• Van Oord: Dutch marine contractor specializing in offshore wind installation, dredging, and subsea rock installation; adjacent peer to Rosetti Marino's offshore wind balance-of-plant and foundation fabrication work in the European offshore wind market.
• Cadeler: Specialized offshore wind foundation and turbine installation vessel operator; comparable as a peer in the offshore wind value chain where Rosetti Marino fabricates jackets, substations, and transition pieces for offshore wind developers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/rosetti-marino-group
• Instagraminstagram.com/rosettimarino

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rosetti Marino