We are an energy company. We are working to build a future where everyone can access energy resources efficiently and sustainably.  Our work is based on passion and innovation, on our unique strengths and skills, on the quality of our people and in recognising that diversity across all aspects of our operations and organisation is something to be cherished.  We believe in the value of long term partnerships with the countries and communities where we operate.

Activities

  • Development

    Main start-ups are the Area 1 project (Eni operator with a 100% interest) in Mexico, the Merakes project (Eni operator with an 85% interest) in Indonesia, the gas development of the Offshore Cape Three Points license (Eni operator with a 44.44% interest) in Ghana, as well as phased start-up of the discoveries in the Great Nooros Area in Egypt and in the Block 15/06 (Eni's operator with a 36.84% interest) in Angola.

  • Distribution of Refined Products

    In 2017, retail sales of refined products (33.20 mmtonnes) were down by 0.21 mmtonnes or by 0.6% from 2016, mainly due to the decrease of wholesale sales in Italy and the asset disposals in Hungary and Slovenia in the second half of 2016.

  • Exploration

    In 2017, exploration expenditure amounted to €442 million, and mainly concerned Cyprus, Norway, Mexico, Egypt, Libya and Ivory Coast as well as related to the completion of the 25 new exploratory wells (15.9 net to Eni). In addition, 78 exploratory drilled wells are in progress at year-end (41.2 net to Eni). In 2017 additions to the Company's reserve backlog were 1 billion boe of new resources, of which 800 million boe from in-house exploration with a discovery cost of approximately $1 per barrel. From 2014, we discovered over 4 billion boe, approximately double of equity production in the same period.

  • Gas Supply

    In 2017, Eni’s consolidated subsidiaries supplied 78.28 bcm of natural gas, down by 4.36 bcm or by 5.3% from 2016. Gas volumes supplied outside Italy from consolidated subsidiaries (73.23 bcm), imported in Italy or sold outside Italy, represented approximately 94% of total supplies, down by 3.41 bcm or by 4.4% from 2016. This reflected lower volumes purchased in the Netherlands (down by 4.40 bcm) following a contractual termination, in Qatar (down by 0.92 bcm) and in Norway (down by 0.70 bcm) partially offset by higher purchases in the United Kingdom (up by 0.28 bcm) and in Algeria (up by 0.28 bcm).

  • Gas sales

    In 2017 characterized by a raising competitive pressure and a slight recovery in demand, natural gas sales amounted to 80.83 bcm (including Eni’s own consumption and Eni’s share of sales made by equity-accounted entities), down by 5.48 bcm or 6.3% from the previous year.

  • Power Generation

    Eni’s power generation sites are located in Ferrera Erbognone, Ravenna, Mantova, Brindisi, Ferrara and Bolgiano. As of December 31, 2017, installed operational capacity of Enipower’s power plants was 4.7 GW (unchanged from December 31, 2016). In 2017, power generation was 22.42 TWh, up by 0.64 TWh or by 2.9% from 2016. Electricity trading (12.91 TWh) reported a decrease of 15.5% thanks to the optimization of inflows and outflows of power.

  • Power sales

    In 2017, power sales of 35.33 TWh declined by 4.6% from the full year of 2016 and were directed to the free market (75%), the Italian power exchange (15%), industrial sites (8%) and other (2%).

  • Production

    In 2017, oil and natural gas production averaged a record level of 1,816 kboe/d, up by 3.2%. This performance was driven by new project start-ups and the ramp-ups at fields started up in 2016, mainly in Angola, Egypt, Ghana, Indonesia and Kazakhstan as well as by restarting production at certain Libyan fields thanks to better safety conditions. These positive results were partly offset by OPEC production cuts, negative price effects at PSAs contracts and lower production as a result of planned and unplanned shutdowns in Norway, the United Kingdom and the Gulf of Mexico, as well as declines from mature fields. When excluding price effects at PSAs contracts and OPEC cuts (overall 35 kboe/d), hydrocarbons production increased by 5.3%. The share of oil and natural gas produced outside Italy was 93% (92% in 2016).

  • Refining

    In 2017, Eni’s refining throughputs in Europe were 24.02 mmtonnes, decreased by 2% from 2016 due to the downtime of some plants at Sannazzaro refinery and the shutdown at the Taranto refinery, partly offset by a better performance of Milazzo and Livorno refineries. In Italy, the decreasing of refinery throughputs (down by 2.1%) was caused by the same drivers above mentioned. The volumes of biofuels produced from vegetable oil at the Venice green refinery increased by 14.3% from the corresponding period of 2016.

  • Trading

    Through Eni Trading & Shipping (ETS), Eni is involved in the international marketing of crude oil and petroleum products, and the shipping and trading of all Eni commodities. ETS operates as Eni’s single interface on the international markets for crude oil, gas, power, CO₂ and petroleum products derived from oil refining, but also to the related shipping markets, ensuring a comprehensive and integrated approach that is reinforced by relationships and Eni’s extensive portfolio of assets. The company also develops advanced risk management solutions.

Eni

We are an energy company. We are working to build a future where everyone can access energy resources efficiently and sustainably.  Our work is based on passion and innovation, on our unique strengths and skills, on the quality of our people and in recognising that diversity across all aspects of our operations and organisation is something to be cherished.  We believe in the value of long term partnerships with the countries and communities where we operate.

Eni history

The history of Eni and its companies is a long one, and is closely related to the development of Italy. Take a journey back in time, through pictures and videos on the EniHistory web site to find our about our past.

Visit the website

Eni in numbers

2015(*) 2016 2017
Production of oil and gas (Mboe/d) 1.8 1.8 1.8
Eni adj. Operating profit (€ billion) 4.5 2.3 5.8
Eni adj. Net profit (€ billion) 0.8 -0.3 2.4
Capital expenditure (€ billion) 10.7 9.2 7.6
Net cash flow from operations (€ billion) 12.2 7.7 10.0
Net debt (€ billion) 16.9 14.8 10.9
Leverage (ratio) 0.29 0.28 0.23

(¹) net of Saipem

Source: Fact Sheet

The production activities of Eni oil fields

News Production activities Eni continued its growth in 2017, reaching a record production level of 1.82 million boe/day by developing the projects in its portfolio. Yield and progress We are always looking [...] Shorouk block (operated and 60 per cent owned by Eni) offshore of Egypt has over 850 ...

11 May 2018 eni.com Section: operations

Activities of Eni on the Trading segment

allows us to have a panoramic vision of the global energy market. Find out more on eni pedia Eni Trading & Shipping: activities, products and services We are an energy company. We are working to build a future

12 May 2016 eni.com Section: operations

The production activities of Eni oil fields

News Production activities In 2017, expected production growth to a record of 1.84million boe/d (up by 4.5%) leveraging on the development of our portfolio of projects. The productive life of deposits [...] deposits After development is complete, production activities begin in which hydrocarbons are extracted from the reservoir ...

4 May 2017 eni.com Section: operations

Gas activities

varies on a seasonal, weekly and even daily basis, determined mainly by business activity and the weather. Supply of Eni gas by country The infographic shows the percentages of gas supplies by source country. [...] areas as the refineries and areas of consumption, making distribution an important part of Midstream activities ...

7 May 2018 eni.com Section: operations

Eni’s activities in Pakistan

Eni's activities in Pakistan Eni's activities in Pakistan Overview In detail: the main activities in the onshore and offshore Upstream sector conducted by Eni in Pakistan, since 2000 Eni offices and [...] kilometers net to Eni ). Exploration and production activities in Pakistan are regulated by concessions (onshore) and PSAs ...

12 May 2016 eni.com Section: enipedia

Eni’s activities in Libya

Eni's activities in Libya Eni's activities in Libya Overview In detail: the main onshore and offshore activities related to the Upstream sector conducted by Eni in Libya since 1959 Eni's presence, [...] pipeline Eni offices and contacts in Libya Upstream Eni started operations in Libya in 1959. Developed ...

12 May 2016 eni.com Section: enipedia

The Eni trading activities in Energy markets

as desert dunes. And finally it arrives at your home, comfortable and clean. At Eni we do all of this and thanks to our Eni Trading and Shipping subsidiary - ETS - we handle all energy commodities. A global [...] seize the opportunities offered by energy markets, we have integrated all our trading ...

1 January 2016 eni.com Section: operations

Eni’s activities in Russia

Eni's activities in Russia Eni's activities in Russia Overview In detail: the main activities in the Upstream sector conducted by Eni in Russia activities in the Gas & LNG Marketing and Power sector: [...] sector: Eni has a 50% stake in the Blue Stream undersea gas pipeline that connects Russia ...

12 May 2016 eni.com Section: enipedia

Eni Trading & Shipping: activities, products and services

Eni Trading & Shipping: activities, products and services Eni Trading & Shipping: activities, products and services Overview In detail: Eni Trading & Shipping: key figures the main activities of ETS [...] norms in Trading & Shipping Eni respects all the regulatory norms for trading and shipping i.e. REACH, REMIT, EMIR regulations and Model 231 ...

12 May 2016 eni.com Section: enipedia

Eni’s activities in Italy

the chemical sector Eni offices and contacts in Italy Upstream Eni has been operating in Italy since 1926. In 2017, Eni's oil and gas production amounted to 134 kboe/d. Eni's activities in Italy are deployed [...] Donato Milanese (MI), Italia Tel +39 02 520.1 info@versalis.eni ...

12 May 2016 eni.com Section: enipedia

The refining, commercialization and marketing activities of Eni

in Sustainability We are an energy company. We are working to build a future where everyone can access energy resources efficiently and sustainably. Our work is based on passion and innovation, on our

12 May 2016 eni.com Section: operations

Eni's activities in Kazakhstan

Eni's activities in Kazakhstan Eni's activities in Kazakhstan Overview In detail: the main activities in the Upstream sector conducted by Eni in Kazakhstan since 1992 a focus on Kashagan and Karachaganak [...] Karachaganak fields Eni offices and contacts in Kazakhstan Upstream Eni has been present in Kazakhstan since 1992 ...

12 May 2016 eni.com Section: enipedia

Eni’s activities in Egypt

Eni's activities in Egypt Eni's activities in Egypt Overview In detail: the main activities related to the upstream sector conducted by Eni in Egypt since 1954 a focus on production activities Nooros [...] Nooros and Zohr Eni offices and contacts in Egypt Upstream In 2017 , hydrocarbon production was 230 ...

12 May 2016 eni.com Section: enipedia

Eni’s activities in The Netherlands

Eni's activities in The Netherlands Eni's activities in The Netherlands Overview In detail: Eni's main activities in the Gas & LNG Marketing and Power in the Netherlands, one of the leading suppliers [...] lubricants market through the subsidiary Eni Benelux BV Eni offices and contacts in the Netherlands Gas ...

12 May 2016 eni.com Section: enipedia

Activities of exploration and productions of Eni

Exploration and production activities worldwide Eni operates in 42 countries in the exploration, development and production of oil and natural gas. Exploration and Production Eni is active in the exploration,

12 May 2016 eni.com Section: operations

Eni’s activities in Trinidad and Tobago

Eni's activities in Trinidad and Tobago Eni's activities in Trinidad and Tobago Overview In detail: the main activities related to the Upstream sector Eni offices and contacts in Trinidad and Tobago [...] Tobago Upstream Eni has been present in Trinidad and Tobago since 1970. In 2017, Eni's production ...

12 May 2016 eni.com Section: enipedia

The marketing activities and markets for gas sales

Gas marketing activities Eni is active in 30 countries worldwide in the trading of oil, natural gas, LNG and electricity. Gas and electricity trading Eni is highly competitive in the wholesale marketing [...] marketing of natural gas. In Italian and European markets, activity is centred on production and long-term contracts; at ...

12 May 2016 eni.com Section: operations

Eni’s activities in Belgium

Eni's activities in Belgium Eni's activities in Belgium Overview In detail: Eni's activities in Belgium Eni offices and contacts in Belgium Gas & LNG Marketing and Power In line with the rationalization [...] contacts Eni European Government Affairs Avenue des Arts 56 1000 Bruxelles Tel. (0032) 2 3572690 Eni ...

12 May 2016 eni.com Section: enipedia

Eni in Kenya

FOCUS ON Eni in Kenya Our activities in the country are still in their early stages, but include exploration and also sustainability projects aimed at improving access to power and water. Offshore exploration [...] exploration and projects for the territory Through its subsidiary Eni Kenya, Eni has operated three blocks in ...

18 May 2017 eni.com Section: media

Eni’s activities in India

Eni's activities in India Eni's activities in India Overview In detail: the main activities in the Upstream sector conducted by Eni in India: the most important production and development fields are [...] Basin, close to the south east coast activities in the Gas & LNG Marketing and Power sector conducted ...

12 May 2016 eni.com Section: enipedia
See all (222)

Other Eni Sites