Lipari Marina Corta (Aeolian Islands) by admin April 15, 2013 Located in the Tyrrhenian Sea just north of the Italian island of Sicily, the Aeolian Islands are an archipelago formed by volcanic activity. 264 Located in the Tyrrhenian Sea just north of the Italian island of Sicily, the Aeolian Islands are an archipelago formed by volcanic activity. next post Taj Mahotsav 2016: Your Tryst With Cultural Diversity in India