We present an encoding of (bound) CSP processes with replication into Petri nets with labelled transitions. Through the encoding, the firing semantics of Petri nets models the standard operational semantics of CSP processes, which is both preserved and reflected. This correspondence allows for describing by net semantics the standard CSP observational equivalences. Since the encoding is modular with respect to process syntax, the paper puts on a firm ground the technology transfer between the two formalisms, e.g. recasting into the CSP framework well-established results like decidability of coverability for nets. This work complements previous results concerning the encoding of asynchronous interactions, thus witnessing the expressiveness of (open) labelled nets in modelling process calculi with alternative communication patterns.