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ABC News
ABC News
Business

Italian energy company Eni to develop Evans Shoal gas field described as 'carbon bomb'

The high CO2 content of Verus' gas has deterred previous companies from developing the project. (Supplied)

An Italian energy company has quietly revived plans to develop a new gas field in the Timor Sea which contains some of the most carbon-intensive gas in Australia.

The Evans Shoal gas field, about 300 kilometres north-west of Darwin, was discovered 35 years ago and has since passed through the hands of BHP Petroleum, Woodside, Shell, and Santos.

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