Strategy
Eni’s 2019-22 strategic plan
Creating stakeholder value through the energy transition.
Fast. Efficient. Responsible.
Eni’s 2019-2022 plan marks a new era in the company’s evolution to a world-leading global energy provider.
Integration, efficiency and technology are the key elements required to reach our targets for 2019-22. These, together with new ways of driving up value, are helping us continue to create organic growth. Technology deployment will play a very strategic role in all sectors, contributing to Eni’s worldwide operational excellence, enhancing and pursuing the decarbonization of all activities within the company, and implementing the improved industrial efficiency using a circular economy model.
New geographies
New development projects in the Middle East, Norway and Mexico are increasing our production capacity and speeding up our time to market. The potential of new areas will underpin hydrocarbon production growth, thus widening Eni global diversification.
Integrated activities
We are creating opportunities throughout the value chain by increasing our presence in the LNG market and helping to develop one of the largest refineries in the world.
Circular economy
We are fulfilling our decarbonization plan through increased investment in green businesses and the creation of new solutions based on the circular economy.
Financial discipline
We maintain strict discipline over our financial management and continue to improve efficiency through technology and digitalization.
Our operating model for organic growth
From upstream to renewables, from downstream to natural gas, from the circular economy to capital management: all our businesses are differentiated, strengthened and integrated owing to an operating model that systemises our business activities.
Eni’s 2019-22 strategy: creating value through energy transition
We have gone through a transformation to anticipate future change, taking on tools and a business culture that see us grow faster every day. By investing in technology and knowledge, we have achieved one of the fastest times to market around, and one of the lowest breakeven points. Thanks to new exploration and development contracts, we have expanded our range and increased our refining capacity, while decarbonization, sustainability and the circular economy have become integral parts of our business.
Change makes us stronger
Eni’s transformation began in 2014 when we chose to do even better what we already knew how to do, so that we could continue to grow against a backdrop of more volatile prices. Efficiency, integration and speed have always been our guiding values.
Our energy transition
How we’ve changed, the results we’ve achieved and the goals we’ve set ourselves. Find out about Eni’s transformation.
