Eni’s relationship with Africa is an essential part of its heritage. The continent in which the ‘six-legged dog’ took its first steps beyond Italy, back in 1954, links to the company’s past, present and future. Often referred to as the oldest continent on earth, Africa now has a new and increasingly important strategic role that challenges traditional stereotypes, with 70 per cent of the population aged under 30. But it remains a complex continent. While north Africa is pursuing industrialisation and expanding throughout the industrial value chain, in sub-Saharan Africa hundreds of millions of people still do not have access to electricity – a key factor in improving quality of life and fostering development.
Africa provides more than half of all Eni’s crude oil and natural gas, making us the leading international producer on the continent. We will continue our expansion by setting up development initiatives with ever-more stakeholders, encouraging continuous and sustainable growth.
‘Our Africa’ incorporates the three cornerstones of our business: our path to decarbonization, our co-operation model and our operating model. In line with the transformation strategy that was introduced in 2014 – based on efficiency, integration and use of new technologies – we want to strengthen and further diversify our portfolio in Africa. We will continue to pursue new exploration and production opportunities and expand our work in renewables, as well as combining our commercial operations with a commitment to uphold the UN’s Sustainable Development Goals through local development projects. Our work in Africa is also helping us achieve one of our main objectives: decarbonization. Our conservation projects aim to protect the enormous wealth of forest in these countries and promote sustainable growth in the agricultural sector, particularly in sub-Saharan Africa
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Investment in local development in Africa in 2019
maintenance and creation
48.6mln €
invested in infrastructure for training
20.8mln €
invested in Africa for infrastructure development
53.3mln € spent on local development in Africa in 2019
for socio-economic development in Ghana
3.9mln $
invested in Livelihood Restoration Plan project
helping provide access to energy in the country
484MW
installed capacity at CEC power station in Congo
Investimenti tecnici in Africa nel settore E&P nel 2019
out of a total of 6,996 million euros invested worldwide
71mln €
exploration in North Africa (excluding Egypt)
out of a total of 6,996 million euros invested worldwide
86mln €
exploration in Egypt
out of a total of 6,996 million euros invested worldwide
128mln €
exploration in Sub-Saharan Africa
3,844mln €total investments
proved and unproved out of a total of 6,996 million euros invested worldwide
136mln €
total purchase of reserves
out of a total of 6,996 million euros invested worldwide
536mln €
development in North Africa (excluding Egypt)
out of a total of 6,996 million euros invested worldwide
1,481mln €
development in Egypt
out of a total of 6,996 million euros invested worldwide
1,406mln €
development in Sub-Saharan Africa
Programmes to improve energy access in Africa in 2019
at 31 December 2019
5,572km²
total net acreage in Algeria
at 31 December 2019
10755km²
total net acreage in Morocco
at 31 December 2019
3,744km²
total net acreage in Angola
163.625km²total net acreage
at 31 December 2019
13,294km²
total net acreage in Libya
at 31 December 2019
1,471km²
total net acreage in Republic of Congo
at 31 December 2019
579km²
total net acreage in Ghana
at 31 December 2019
4,349km²
total net acreage in Mozambico
I programmi per migliorare l’accesso all’energia in Africa nel 2019
1bn m³
gas produced in Ghana for the local market
Energyin Africaintegral part of Eni's business model
increase of the generation capacity of the power plant in the Congo, activities have been completed
1CEC
power plant in the Congo
increase of the generation capacity of the power plant in Nigeria, activities have been completed
1Okpai
Okpai power plant in Nigeria
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The main development projects on the African continent
We develop business activities in the area, promoting local socio-economic growth.
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Zohr
The Zohr field is believed to be the largest-ever gas discovery in Egypt and the Mediterranean.
Production comes from the Zohr field which in 2019 achieved the production of 145 kboe a day net to Eni and accounted for 41% of Eni’s production in the Country.
Africa has an immense forest heritage that we want to conserve. We are committed to reducing the level of CO2 in the atmosphere, not only by diversifying our business activities, but also by focusing on forestry projects that have a positive impact on communities, in terms of economic and social development. Forests help to develop new businesses and increase employment. Our strategy involves project development for the "Reduction of emissions caused by deforestation and forest degradation" (REDD +) through international initiatives and valuable partnerships. We have already made initial agreements by signing the Memorandum of Understanding (MoU) for the development of forest projects in partnership with international developers.
FOCUS
Protecting forests in Africa
The preservation of the continent's forestry assets is an integral part of our low-carbon strategy.
We have started forestry projects in many countries including Zambia, Ghana, Angola and we are members of REDD+'s governance.
The six-legged dog left its first paw prints in the Egyptian desert in 1954. Today Africa supplies more than half of our total production of crude oil and natural gas, making our company the leader in the continent.
To understand an increasingly complex present, we have to move past a single vision of reality. That’s why we offer an overview of countries that takes into account a variety of interwoven aspects: from historical events to energy policy, and from geo-economics to the push towards digitalisation.
Ghana was the first country in sub-Saharan Africa to gain independence from the UK in 1957. Gold, cocoa and oil are the sectors that fuel its economic growth. Future goal: energy independence.
byEni Staff
29 September 2020
1 min read
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