Upstream
A world of discoveries
Our strategy is based on the integration of exploration and development.
Eni’s exploration model
The strengthening of our Upstream business is one of the key elements of the new strategy that drives and inspires our operations. In order to improve our performance levels, we have succeeded in evolving our model and have successfully applied it to our projects around the world. What, then, is our new exploration strategy based on?
Supergiant Zohr’s first gas
The Zohr gas field off the Egyptian coast will start production in December 2017 – in record time. The highlights of one of the biggest gas discoveries of the past 20 years.
Dual exploration model
This is a new strategy aimed at generating liquid assets as soon as possible. The dual exploration model is based on the simple principle that, as hydrocarbons reserves increase, the benefits come from early monetisation achieved through the sale of minority stakes to other players. This is what happened, for example, with offshore companies based in Mozambique and the Zohr deposits in Egypt.
Opportunities for growth
Thanks to advanced analysis and drilling technologies, we are able to integrate exploration and development. During exploration, for example, we carry out analyses to prepare for development, which comes before production.
Stories between earth and water
Eni's projects in the world. Let us tell you all about our adventures in the Upstream sector as we searched for deposits. We travelled to Angola for the West and East Hub; to Egypt for Zohr, the largest deposit in the Mediterranean Sea and Nooros, offshore in the Nile Delta; and to the Republic of Congo for the Nené Marine project. The journey continued in Indonesia with Jangkrik, quick as the cricket after which it is named; and ended in Norway with Goliat, where the harsh conditions did not stop us from achieving the maximum yield.
#EniRecord
West Hub and East Hub, Zohr, Nooros, OCTP, Nené Marine, Jangkrik: seven special projects linked by a common factor: extremely fast development and production. In deep waters or close to the coastline, together they contribute more than 15bn boe, confirming the value of Eni’s new approach.
Upstream activities in Italy
Basilicata, Gela, Ravenna: deposits and centres to exploit resources.
The main numbers
Even data tells a story. Here are some of the results achieved in 2017 for our Upstream operations.
Find out more on enipedia
We also develop sustainability initiatives for local communities. Here is a list of projects together with analysis of the key 2016 data on exploration and production, performance levels and investments in the sector, as well as the 2017-2020 strategy.
- Exploration in 2016
- Production in 2016
- 2016 portfolio development
- Exploration & Production: 2016 performance and capital expenditure
- 2016 results and 2017-2020 strategy
- Eni’s sustainability projects in Norway
- Eni’s sustainability projects in Angola
- Eni’s sustainability project in Congo
- Eni's sustainability projects in Kenya
- Eni’s sustainability projects in Indonesia
- Investor Day 2017
