Green River Project

An integrated programme of agricultural and livestock business development in the Niger Delta, founded in 1987 with the aim of facilitating technology transfer, through vocational training and guidance to increase the availability of food, increase employment opportunities and incomes, and facilitate access to social services.

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Dual Flag

With the “dual flag” approach, Eni aims to cooperate with host countries in order to seize new opportunities for economic and social development in an increasingly complex global environment. Listening and involving local communities are key prerequisites for sustainability and building mutual value. Thanks to this model, which is rooted in the formula developed by Enrico Mattei, and has become known as the “Mattei Formula”, the partnership focuses not only on the economic value of the resources of producer countries, but also on concrete support for sustainable development, particularly on the energy front: a distinctive feature that enables us to establish a mutually beneficial relationship and build mutual respect.

Eni’s sustainability projects in Nigeria

Thanks to the Green River Project, Eni has created a system to support agriculture in the country.

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Community development projects

elements in Eni's presence in Congo. Eni's sustainability projects in Nigeria Thanks to the Green River Project, Eni has created a system to support agriculture in the country. Eni's sustainability projects

12 May 2016 Section: enipedia

The results of 2016 and how they were achieved

exploration - A `design-to-cost' approach in project development - Portfolio of conventional projects FINANCIAL RESULTS Cost Optimisation : CAPEX reduction - The overall cost optimisation programme has [...] the volume produced in the same period) - An average unit exploration cost 2008-2016 of $2 per barrel (around 20% of the average cost per barrel for ...

31 August 2017 Section: investors

Exploration model

production chains. Our Upstream model Eni's exploration strategy is driven by time-to-market speed and cost-effectiveness while converting discoveries into production. How to reach first oil before other companies [...] few more details about dual exploration and the projects it was successfully applied to. Design to cost - the overlapping of ...

31 August 2017 Section: operations

2017 Business Outlook

conventional resources, designed to cost operations and high value assets. Exploration & Production Confirmed 2017 target of 0.8 bln boe of new resources , at a unitary discovery cost of approximately 1 $/bbl. Confirmed [...] Structural positive EBIT from 2017 onwards . Planned cost position improvements by leveraging on long-term supply contracts revision ...

15 May 2017 Section: investors

Exploration in 2016

resources were discovered, at a unit cost of $0.6/boe. The exploration resources discovered over the last 3 years consequently amount to 3.4 billion boe at a unit cost of $1/boe. Exploration activities are [...] resources of 1.1 billion boe in 2016, at a unit cost of ...

10 August 2017 Section: enipedia

Increase and improvement of resources, our strategy for 2019

Organically-developed conventional upstream projects, with a large resource base and a competitive cost structure Increasing and enhancing the use of discovered resources to improve cash generation Main [...] the carbon footprint and the gradual elimination of routine gas flaring. Large projects at low unit cost The upstream development model will continue ...

12 May 2016 Section: enipedia

Eni's strategy aim to give more value and solidity

organic portfolio, thanks to the quality and standing of our conventional assets and the design-to-cost approach of our new operating model. Upstream Production: CAGR +3% per year Exploration: new discoveries [...] target high levels of income generation through sustainable growth in the upstream sector and improved cost efficiency; and by ...

1 January 2016 Section: investors

Exploration activities and successful discoveries

billion boe of additional resources at a cost of 0.6 $/boe. Additions to the Company's resources backlog were 3.4 billion boe in the last three years, at a cost of 1 $/boe. Promising new prospects to be [...] 1.1 billion boe of additional resources at a cost ...

4 May 2017 Section: operations

Eni is a partner of the 2012 MIT Europe Energy Conference

nanotechnology and solar energy : an advanced approach to overcome the current limits of efficiency and cost of solar technologies, using very thin layers of innovative materials assembled devices built on a [...] The expectation is to be able to produce self-assembling materials using potentially simple and low cost processes. Artificial photosynthesis ...

28 March 2012 Section: enipedia

Our strategic plan 2016-2019

transformation into an integrated oil and gas company will enable us to meet this challenge with a competitive cost structure, an efficient operating model and a flexible asset portfolio. We have begun a new profitable [...] through sustainable upstream growth, the completion of the restructuring of other sectors, greater cost efficiency ...

18 March 2016 Section: enipedia