2016 results

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 [...] to come on stream in 2017 (Jangkrik - Indonesia, OCTP oil ...

6 April 2017 eni.com Section: company

The history of Zohr

Largest gas field in the Mediterranean. The history of Zohr Largest gas field in the Mediterranean. Bold challenge, surprising result The story of Zohr dates back to 2012, when the field's 15 exploration [...] Sisi. During the meeting Claudio Descalzi confirmed that the start-up of Zohr is expected just two ...

29 May 2017 eni.com Section: operations

First half 2017 Results

reaching a growth rate of over 6 per cent. These results have been achieved while maintaining an efficient cost structure, which will enable us to reduce our capital expenditure (CAPEX) by 18 per cent compared [...] Cabaça South East field began after just three years - five months ahead of schedule. The ...

2 August 2017 eni.com Section: operations

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 eni.com Section: enipedia

Eni’s activities in the energy industry

Republic of Congo (with the Nené Marine field), in Egypt (the Zohr and Nooros projects), in Ghana (OCTP) and in Indonesia (the Jangkrik project) . The skills and commitment of our people have made us best [...] Egypt. This takes the total of discovered resources in the last three years to 3 ...

6 April 2017 eni.com Section: operations

A year of solid results for the Company

exploration successes with the discovery of 1.1 billion boe, at a unit exploration cost of $0.6 per barrel. We sold 40% of the Zohr field in Egypt to BP and Rosneft, confirming the validity of the dual exploration [...] record time are located in Angola (West Hub and East ...

1 January 2016 eni.com Section: company

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 [...] successful (sale of 40% of Zohr). Eni signed two agreements ...

4 May 2017 eni.com Section: operations

Eni’s activities in Egypt

exploration potential located in proximity to existing infrastructures. Zohr: Sanctioned by the Egyptian Authorities the development plan of the Zohr discovery, where production start-up is expected by the end of [...] Petroleum and Mineral Resources approved the award to Eni the Zohr Development Lease that allows the start-up of the development ...

12 May 2016 eni.com Section: enipedia

interview-with-stella-brandolese

Interview with Stella Brandolese, Eni's offshore project manager "The most important aspect of my work in Cairo? Respect for the local people and their culture" During the 2015 `OIL for Brain: Energy, [...] who lives and works in Egypt, can count among her professional achievements the recent discovery of Zohr ...

1 January 2016 eni.com

The assets and operations of development of Eni's oilfields

up of the East Hub Development project in the Block 15/06, five months earlier than scheduled and with a time-to-market among the best in the industry. The East Hub project will develop the reservoir in [...] expected by the end of 2017; start-up of M'Pungi and M'Pungi North ...

4 May 2017 eni.com Section: operations