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San Donato Milanese (Mi), XYZ March 2016 - Eni has started production of the Goliat field, located 85 kilometers northwest of Hammerfest, within Production License 229, in a ice-free area in the Barents Sea off Norway.
Goliat, the first oil field to start production in the Barents Sea, was developed through the largest and most sophisticated floating cylindrical production and storage vessel (FPSO) in the world. The Unit has a capacity of 1 million barrels of oil and was built with the most advanced technologies in order to tackle the technical and environmental challenges linked to operations in the Arctic’s context.
The daily output will reach 100,000 barrels of oil per day (65,000 boed net to Eni). The field is estimated to contain reserves amounting to about 180 million barrels of oil.
Production will take place through a subsea system consisting of 22 wells (of which 17 are already completed), and of which 12 are oil producers, 7 water injectors and 3 gas injectors. Goliat, also, adopts the most advanced technological solutions in order to minimize the impact on the environment. Goliat receives power from shore by means of a subsea power cables, hence, reducing CO2 emissions by 50% compared to alternative solutions, while water and gas products are re-injected into the reservoir.
Goliat’s start-up is an important milestone for Eni’s growth strategy and will significantly contribute to the cash flow generation.
In the Production License 229, Eni holds a 65% stake (operator), while Norway's Statoil holds the remaining 35%.
Eni has been present in Norway since 1965, where it operates through its subsidiary Eni Norge AS. In the country, the company has interests in exploration licenses and production fields, including Ekofisk, Åsgard, Heidrun and Kristin with a total equity production in 2015 of 106 thousand barrels of oil equivalent per day.
Freephone for shareholders (from Italy): 800940924
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
If you wish to search for a specific document, press release or news, use the traditional search engine via the magnifying glass icon.
Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
If the system fails to find an exact match for the requested content, it still tends to provide a response.
If you find any inaccuracies in the provided response, please send us your feedback at the bottom of the page: it will be very helpful for us to improve.
Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
If questions are formulated that violate the set security criteria, the system will not proceed with processing the response. Please remember not to send personal data.
By using this service, the users acknowledge that they have read and accepted the terms and conditions of use.
A new window into Eni’s world, at your disposal. EnergIA is an innovative tool based on artificial intelligence capabilities, which can help you navigate the contents of eni.com, quickly finding answers to your questions.