Adjusted net profit: €3.63 billion in the first half (up 4%); €1.44 billion in the quarter (down 14%).Net profit: €3.8 billion in the first half (down 6%); €1.25 billion in the quarter (down 31%).Interim dividend proposal of €0.52 per share.
Eni, through its subsidiary Eni Ghana Exploration and Production Limited, is the operator of the OCTP license with a 47.22% interest
The Jangkrik North East discovery represents a significant success in Eni's exploration efforts in the Kutei Basin and further confirms the high potential of its portfolio in the area
Nuon/Vattenfall and Eni sign sale and purchase agreement for Nuon Belgium and its other Belgian operations
The transaction comprises Nuon Belgium NV, serving approximately 550.000 electricity and gas connections, as well as its subsidiary Nuon Wind Belgium NV and Nuon Power Generation Walloon NV.
Eni and Sinopec sign a Memorandum of Understanding to develop business opportunities in China and abroad
The Memorandum sanctions a broad spectrum of possible business opportunities to be jointly evaluated by and to the benefit of both Parties, in China and internationally.
Starting from the next season, and for three years following, eni will be the sole and exclusive supplier of fuel and lubricants to the fledgling Moto3 category, which will replace the 125cc class.
The development plan calls for an early production phase of 75,000 barrels of oil per day starting in late 2013, and a full phase of 240,000 barrels of oil per day in 2018, along with the construction of a new refinery on the coast, in Jose.
These proposals were presented, on behalf of Eni, by the Chairman Giuseppe Recchi and Corporate Affairs and Governance Senior Executive Vice President, Roberto Ulissi, who were joined by Lamberto Cardia and Massimo Capuano as external members of the Commission set up by Eni in order to evaluate the proposals.
The new activities will take place in the Western Desert, in the Mediterranean and in the Sinai, and will cover both exploration and development, through the drilling of additional wells and the acceleration of production from new discoveries.
Appaloosa production commenced on June 21, 2011 through a subsea development and a twenty-mile long flow line tied back to the Corral Platform (operated by Eni). The well is presently flowing at a rate of approximately 7,000 barrels of oil equivalent per day. This is the second Eni field producing on the Corral Platform, which in aggregate is now processing 46,600 gross barrels of oil equivalent per day (33,000 net to Eni).
The new Joint Italian Venture has as its mission the designing, building and managing of chemical plants using vegetable oil feedstock for the production of bio-chemicals (bio-plastics, bio-lubricants and bio-additives for elastomers)
Trans Gasleitung Austria GmbH is the company owning the transport rights for the Austrian section of the pipeline that connects Russia to Italy and that, in 2010, reported total revenues of 270 million euro.