BRAND IDENTITY
The Six-Legged Dog: Eni's brand identity and history
- BUSINESS MEETINGS AND AGREEMENTS
- NATURAL RESOURCES
Company
Governance
Sustainability
Vision
Actions
Products
Vision Go to
Actions Go to
Energy Diversification
Technologies for the transition
Technologies for the transition Go to
Partnership for innovation
Activities around the world
Investors
Media
Careers
Beijing , 21 January 2011 – Eni signed a Memorandum of Understanding today with CNPC/Petrochina, the biggest listed national oil company in the world. The Memorandum of Understanding sanctions a broad spectrum of possible business opportunities to the benefit of both parties in China and internationally.
In particular, the companies will study common opportunities to jointly expand their operations in conventional and unconventional hydrocarbons in Africa. Furthermore, Petrochina will evaluate the potential acquisition of a participation in certain assets owned by Eni. On its part, Eni will avail its expertise on shale gas gained in North America to evaluate opportunities in unconventional resources owned by Petrochina in China.
The parties will also cooperate in the field of advanced technology, with a special focus on the exploitation of unconventional oil and gas resources which may also be jointly developed and applied in one or more of the initiatives covered by this agreement.
This memorandum represents a step forward in Eni’s strategy to strengthen its presence in the Far East, a very prospective and attractive region in terms of upstream opportunities and a favourable market.
Eni has been present in China since 1984. Eni China is joint operator in the CACT Consortium together with CNOOC and Chevron in the Chinese South Sea with an equity daily production of 12,000 boed. Moreover, Eni China is engaged, as operator, in an exploration campaign offshore South China.
Continue reading
Reduce
Investor Relations
Freephone for shareholders (from Italy): 800940924
Freephone for shareholders (from abroad): + 80011223456
Download document
