In a strategic geographical area for energy industry development, we operate through technological innovation, scientific expertise and fast start-ups.
Strategic deals and diversification: fast energy access
Highlights
Our ongoing commitment has strengthened our presence in the Middle East.
Eni has been working in this region since the 1950s, thanks to the enterprising spirit of Enrico Mattei, who succeeded in building fair and long-lasting partnerships with oil-producing nations. However, in recent years, we have created a strategic hub for its operations. The Middle East has historically been a global leader in oil and gas production, home to half of the world’s confirmed hydrocarbon reserves. Today, it is establishing itself as a global laboratory for new strategies and technologies, rethinking the use of traditional resources and optimising the potential of renewables. The volatility of crude-oil prices and the challenges of energy transition have convinced Gulf states of the need to diversify their economies and social contract, which is still too closely linked to the redistribution of oil-related wealth. As well as needing to reduce their dependency on the oil and gas sector, countries in the region are facing other major challenges, such as overhauling development models and establishing new, more stable partnerships between government and industry.
Eni is a key player in the development of traditional resources in the Eastern Mediterranean, based on major discoveries in Egypt and numerous other initiatives in the area. It is increasingly investing in new forms of energy and playing its part in pioneering a sustainable path to decarbonization.
As part of its strategy to diversify its portfolio, including geographically, Eni has expanded rapidly in the Middle East since the end of 2017. We are active in projects and initiatives throughout the value chain – from exploration to development, production, refining and trading – in a strategically important region at the centre of the main oil and gas routes to the European, Asian and African markets. By initiating operations in the United Arab Emirates, Oman, Bahrain and Lebanon, in addition to our long-standing work in Iraq and Egypt, Eni is strengthening its integrated approach and improving the resilience of its business. With a view to the future of energy, and in line with our distinctive collaborative model with partner countries, we are also committed to energy transition and promoting the circular economy. Technology, research and innovation were crucial to our entry into the region and are the basis on which Eni plans to consolidate and diversify its work in the area.
Oil & natural gas net developed and not developed in Middle East 2019
at 31 December 2019
10,387 km²
total net acreage in United Arab Emirates
at 31 December 2019
446km²
total net acreage in Iraq
140,536km²total net acreage in Asia
at 31 December 2019
2,858km²
total net acreage in Bahrain
at 31 December 2019
1,461km²
total net acreage in Lebanon
at 31 December 2019
49,918km²
total net acreage in Oman
Eni and ADNOC together for sustainable energy for the future
applicable to business thanks to the deal signed on 20 January 2020
Studyprocesses
and technologies in the field of circular economy
with the aim of increasing its recovery factor and use it for permanent storage
2projects
to improve management of CO2 injected in fields
R&Dprojectsfor emissions reduction and circular economy
for the reduction, capture, use or confinement of CO₂ emissions in fields
1MoU
for the joint development of research initiatives
resulting in the decarbonization of the hydrocarbon chain
New
high-efficiency technologies to capture CO2
in line with Eni's decarbonization strategy and ADNOC's sustainability goals
Newsolutions
with the aim of leading the energy transition
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Projects in the Middle East
We are developing business activities throughout the area and promoting fair, responsible and sustainable industrialisation.
3/3
Ghasha
This project is made up of the Hail, Ghasha, Dalma and other offshore fields located in the United Arab Emirates. It will produce more than 1.5 billion cubic feet of gas per day with expected start-up in the middle of the next decade.
The gas produced could meet over 20 per cent of the United Arab Emirates' domestic demand for gas.
We have been operating in the Middle East since the 1950s. Our activities are mainly in the Upstream sector, but important partnerships also allow us to strengthen our commitments in the Downstream sector. We currently operate in:
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