Claudio Descalzi, CEO, provided an update to the international financial community on the evolution, results and perspectives of the Group’s transformation strategy, launched in 2014. "In less than three years we achieved the highest organic growth in the industry with a 15% increase in production, over 250,000 barrels per day, and are close to reaching Eni’s record production levels, despite a 33% reduction in Capex and 23% in Opex”.
“We remain focused on executing our value creation strategy, which is based on our strength in exploration and the start-up of our major upcoming projects. This is further enhanced by our development models and dual exploration strategy which provides us with the opportunity to optimize and anticipate our value creation. ”Claudio Descalzi, CEO
Transformation and restructuring strategy and business results.