The success of Eni’s Upstream model is based on the integration of various production chains.
Eni’s exploration strategy is driven by time-to-market speed and cost-effectiveness while converting discoveries into production.
Eni is active in the exploration, development and extraction of oil and natural gas in 44 countries, including Italy, Algeria, Angola, Congo, Egypt, Ghana, Libya, Mozambique, Nigeria, Norway, Kazakhstan, United Kingdom, United States, Mexico and Venezuela. Our exploration strategy is based on four winning factors – three operative and one financial:
The focus both now and going forward is exploration – “the centre of gravity of our growth potential” as Claudio Descalzi described it. It is precisely by following this unique and innovative model that we are able to reach first oil on average three years ahead of time compared to conventional exploration models. That’s how we achieved seven records: West and East Hub in Angola, Nooros and Zohr in Egypt, Nené Marine in the Republic of Congo, Jangkrik in Indonesia and OCTP in Ghana. Here are a few more details about dual exploration and the projects it was successfully applied to.
Zohr in Egypt
Jangkrik in Indonesia
Goliat in Norway
OCTP in Ghana
East Hub in Angola
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