Eni is doing "Production" in Venezuela since 1998

Source: eni.com


  • Production

    In 2017, Eni’s production averaged 61 kboe/d. Activity is concentrated in Gulf of Venezuela and Gulf of Paria offshore and onshore in the Orinoco Oil Belt, over a developed and undeveloped acreage of 2,804 square kilometers (1,066 square kilometers net to Eni). Eni’s production comes from the Perla gas field (Eni’s interest 50%) in the Gulf of Venezuela, the oil field Junin 5 (Eni’s interest 40%) located in the Orinoco Oil Belt and from the Corocoro field (Eni’s interest 26%) in the Gulfo de Paria.


Eni’s activities in Venezuela are mainly focused in the Upstream and in the Refining & Marketing sector.

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Eni reaches all-time production record

1 million and 950 thousand barrels of oil equivalent per day.

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The production activities of Eni oil fields

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.

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Production in 2016

The table with data on the production of Eni hydrocarbons in the Countries COUNTRIES WHERE ACTVITIES IN PRODUCTION ARE ON GOING 2016 Production net to Eni Country Production Liquids b Natural gas c Liquids [...] Production in 2016 Production in 2016 Overview In detail: the oil and natural gas production started ...

8 August 2017 eni.com Section: enipedia

The production activities of Eni oil fields

new fields start-ups and production ramp-ups in particular in Angola, Kazakhstan and Norway as well as higher production in Iraq. Performance and progress Hydrocarbon production in 2016 remained unchanged [...] unchanged and increased sales. Rising sales Natural gas production (4,807 mmcf/d) increased by 126 mmcf/d, or 2.3 ...

4 May 2017 eni.com Section: operations

Eni’s proved and undeveloped reserves

expenditures for such project have already been made by Eni and the installation of the production facilities required to achieve and maintain the full field production plateau of 700 kbbl/d is almost complete. Eni's [...] available from production of the Company's proved developed reserves and supplies from third ...

12 May 2016 eni.com Section: enipedia

Volume 1 – World Oil Review 2017

and renewable energy sources. Eni has presented in july 2017 the 16 th edition of the World Oil and Gas Review , the annual statistics report on world reserves, production and consumption of oil and gas [...] to the contribution of additional reserves in Iraq. World oil production remains nearly at the ...

29 October 2017 eni.com Section: company

Scenario and Performance

by OPEC will support in 2018, driven also by widespread geopolitical crisis, primarily in Venezuela where production levels reached thirty years ago level. Capital expenditure discipline of Capital expenditure [...] 2017, the year of rebalancing In 2017, after three years of oversupply, OPEC and non-OPEC cuts in production and the strong ...

9 May 2018 eni.com Section: investors


operates a methanol production plant in Venezuela with an annual capacity of 720,000 tonnes. The range of products is completed by the bio-ethers (bio-ETBE and bio-MTBE), the production of which can be carried [...] company, available to download in PDF format Ecofuel SpA, a wholly-owned subsidiary of Eni SpA, manages ...

12 May 2016 eni.com Section: enipedia

2017 results

and Zhejiang Petrochemicals for the use of the Eni Slurry Technology (EST) conversion proprietary technology. Projects Zohr development Achieved production start-up at the supergiant Zohr gas field in record [...] issues. Environment PATH TO DECARBONIZATION Eni intends to play a leading role in the energy transition process, supporting the objectives of ...

6 April 2017 eni.com Section: company

Eni’s activities in Italy

efficiency programs. Sicily Production Eni operates 12 production concessions onshore and 3 offshore in Sicily, which in 2017 accounted for approximately 10% of Eni's production in Italy. The main fields [...] into a bio-refinery) the chemical sector Eni offices and contacts in Italy Upstream Eni has been operating in Italy ...

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, [...] discovery in offshore Egypt ongoing production start-ups at the discoveries in Block 15/06 in Angola COUNTRIES WHERE ACTVITIES IN ...

12 May 2016 eni.com Section: operations

Luca Cosentino

Asset Manager with Eni North Africa and then as Member of the Management Committee in the operating company Eni Oil, later Mellitah Oil & Gas. From 2010 to 2013 he was Managing Director of Eni Congo. In 2013 [...] France), in Venezuela and in the Persian Gulf. In this period, he also ...

12 May 2016 eni.com Section: company

The exploration model and projects

XII block (Eni operator, with a 65 per cent stake): (i) the installation and launch of a new production platform ; (ii) the creation of a new sealine to export production to the Kitina hub (Eni operator, [...] integration of various production chains. Our Upstream model Eni's exploration strategy is driven ...

8 June 2018 eni.com Section: operations

Goliat: production start-up

coast of Norway The first oil reservoir to enter production in the Barents Sea. Goliat, off the coast of Norway The first oil reservoir to enter production in the Barents Sea. The most advanced technology [...] Goliat has been developed using the world's largest and most sophisticated cylindrical floating production ...

13 January 2016 eni.com Section: operations

Goliat: production start-up

People Goliat: production start-up In an ice-free zone, off the coast of Norway, Eni begins production at Goliat: the first oil reservoir to enter production in the Barents Sea. Goliat: production start-up [...] up In an ice-free zone, off the coast of Norway, Eni begins production at Goliat: the first oil ...

1 January 2016 eni.com Section: operations

Eni in Myanmar

presence in Myanmar Eni has been active in Myanmar since 2014 with the award of onshore and offshore exploration licences, thus strengthening its presence in the Asian Far East. Eni was one of the first [...] a major player in the energy sector. Eni enters Myanmar: Production Sharing Contracts signed for ...

30 September 2016 eni.com Section: media

Electricity production and selling

News Electricity production In 2016, Eni produced 21.78 terawatt hours of electricity (up by 1.09 TWh compared with 2015) and sold 6.2 per cent more than in 2015. Eni's power generation sites are located

12 May 2016 eni.com Section: operations

Eni’s sustainability projects in Myanmar

means of production. The aim of this training was to assist the beneficiaries in the acquisition of knowledge for the efficient use of the means of production and to improve agricultural production through [...] in which we operate towards development. Eni also promotes information sharing in order to establish a constructive ...

5 October 2016 eni.com Section: enipedia

Eni Trading & Shipping (ETS)

News Eni Trading & Shipping (ETS) One hundred per cent owned by Eni, ETS is the company responsible for the integrated management of all trading and shipping activities. Global operations The Eni Trading [...] in the Eni group. International shipping of crude oil and refined products predominantly takes place between the production ...

2 July 2018 eni.com Section: operations

Energy research, production and distribution

of the communities in which we operate. Reliability and safety In 2015 we maintained a level of production growth of 9 per cent, despite having reduced investments by 17 per cent in response to lower oil

19 July 2016 eni.com Section: operations

Being part of Eni

with balanced generational change. People who become part of the Eni team are given the opportunity to: accelerate their professional growth : when joining Eni, everyone has the opportunity to access training [...] respect for the environment to the promotion of the wellbeing of the communities where we operate. Eni in a ...

27 July 2017 eni.com Section: careers

Exploration & Production: 2016 performance and capital expenditure

Exploration & Production sector the 2016 capital expenditure table in the Exploration & Production sector 2016 Performance PERFORMANCE - EXPLORATION & PRODUCTION 2014 2015 2016 Employees at year end (number) [...] natural gas production was 1,759 kboe/d, in line with 2015, in spite of the Val d'Agri shutdown. Production start-ups and ramp-ups ...

8 August 2017 eni.com Section: enipedia