Eurasia

From Spain to Kazakhstan, we develop activities in Eurasia in the exploration and production, refining and sale, chemical and Global Gas & LNG Portfolio sectors.

La presenza globale di Eni

Straddling two worlds to consolidate the low-carbon strategy

Our challenges

We work to meet the continent's growing energy needs with sources that have a reduced environmental impact, promoting the energy transition and contributing to the achievement of neutrality targets in the countries we operate in.

A super-continent comprising Europe and the countries of Central Asia. An immense, multifaceted space that has been the focus of our efforts since the late 1950s. This territory, which spans 12 time zones and has played a major role in the world economy and politics, is now at the heart of the transformations and challenges of the 21st century. For the EU, these include the need to boost growth and stability by acting on infrastructure and digital innovation, but also through a green revolution as part of a powerful economic recovery plan and an ambitious 2050 climate neutrality target. From an energy and environmental point of view, the main challenges relate to the implementation of new low-emission technological solutions and the secure, economically competitive supply of energy, which is essential to support economic and industrial development.

The strategy

We are fully aligned with the European energy and environmental policy aimed at achieving an economy increasingly based on renewable and circular solutions. With this in mind, we have launched several projects in the region aimed at decarbonisation.

While the treaties establishing the European Economic Community were being signed in Rome in 1957, Enrico Mattei was working on an idea for Europe's energy strategy, turning Eni into a project laboratory. Today, through integration, efficiency and innovation, Eni remains in line with the new European energy and environmental policy. Our operations in Europe are focused on the sale of increasingly decarbonised energy products and services, including through the integration of renewables with our customer portfolio, renewable chemicals and biorefining of sustainable fuels. These are complemented by traditional hydrocarbon exploration and production activities in countries where we have a long-standing presence such as Norway or the United Kingdom, where we are developing major carbon capture and storage projects in depleted fields, thus supporting the path towards carbon neutrality and actively collaborating with the local industrial fabric. Finally, Eni contributes to ensuring the supply of natural gas from Europe's main energy partners.

In Central Asia, Eni is active in Turkmenistan, where it is the only European energy company operating in the country, and in Kazakhstan, where since 2017 it has been engaged in promoting the development of projects for the generation of electricity from renewable sources thanks to important partnerships with other companies.

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Exploration & Production in Eurasia 2021

in 2021
15mm boe
production in UK
∽ 82 mm boe hydrocarbons production in Eurasia
at 31 December 2021
53mm boe
hydrocarbons production in Kazakhstan
at 31 December 2021
1,032km²
total net acreage in Kazakhstan
in 2021
3mm boe
production in Turkmenistan

Gas sales by market rest of Europe 2021

at 31 December 2021
3.75bcm
sold in Iberian Peninsula
at 31 December 2021
8.50bcm
sold in Turkey
28.01 bcm sold in the rest of Europe
at 31 December 2021
5.80bcm
sold in France
at 31 December 2021
3.47bcm
sold in Benelux
at 31 December 2021
0.69bcm
in Germany/Austria
at 31 December 2021
2.65bcm
sold in UK

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The main development projects in Eurasia

Our operations in the area make use of the most advanced technological solutions to minimise environmental impact.

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HyNet North West: CO₂ storage in the UK

The first low GHG emissions industrial cluster in the world under development in the Liverpool Bay which we are involved in for CCS activities.

 The key element will be Carbon Capture and Storage (CCS) or the geological storage of CO₂. Through the reconversion of existing infrastructure, carbon dioxide emitted by industries in the northwest of England and north Wales will be captured and permanently stored in exhausted hydrocarbon fields.

More about HyNet North We
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Badamsha: our eolic projects in Kazakhstan

We started the commercial production of  the wind power project Badamsha 1, with an overall capacity of 48 MW,  in march 2020.

The Badamsha 1 wind farm will be joined by a second, Badamsha 2, also generating 48 MW.

More about Badamsha
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Kashagan: offshore oil and gas in Kazakhstan

The offshore oil and gas field was discovered in Kazakhstan in 2000.  We began production of the first oil in 2013.

We treat the produced gas by sending it to the national state company, we manage the development phases of the field and the structure upgrading.

 

More about Kashagan

Our operations

Our commitment to the energy transition takes shape in Eurasia with the decision to focus on gas and the development of new technologies that favour decarbonization.

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Stories

CCUS, technologies playing a key role in the decarbonization process

Eni's research is committed to the development of innovative technologies such as those in the CCUS domain, making an effective contribution to the company's decarbonisation and emissions reduction path.

bySreeparna Das
31 March 2022
7 min read