What does the Eni strategy aim to achieve?
Over the past four years, Eni has changed and it is now fit to grow even in lower price scenarios. We have enhanced our strategic upstream sector, both in terms of exploration and development, and successfully progressed on the turnaround of the mid-downstream sector. The 2018-2021 plan will allow us to achieve a consistent value expansion in all businesses. Business integration, coupled with rigorous financial discipline and a strong commitment to digitalisation and decarbonization, will unlock growth opportunities and generate greater value for shareholders.
2014-2017: #theEnimodel
Transformation into a fully integrated Oil & Gas
Eni is now a fully integrated O & G company, focused on its core operations, targeting greater efficiency and higher cash generation in all businesses.
Enhancing Upstream
Exploration is the key feature of our organic growth. Our integrated model allows us to work on multiple development stages simultaneously, thereby optimising both time and cost.
Restructuring Mid-Downstream
We have restructured all of our businesses and today they are making a positive contribution to the group's results and cash-flow generation. Gas & Power, Refining & Marketing and Versalis are all prepared for a new era of growth.
Financial discipline
Thanks to the actions we have taken and our structural efficiency programme, our strong balance sheet guarantees the sustainability of our remuneration policy under all price scenarios.
Laying the foundations for a clean and sustainable future
Our plan sets out our long-term sustainability objectives as we build a low-carbon future; indeed, decarbonisation offers a strategic incentive for Eni. Our decarbonisation process will involve both new renewable energy projects and innovative ways of managing our core business.
Scenarios and perspectives
Production and sales forecasts, factors affecting our results, risk management and sensitivity, showing how we are working with the market to implement our strategy.
