The company’s four-year investment plan is focused on high value projects with quick returns and the development of conventional projects.

Exploration

Continuing strong exploration track record. Discovered 1.1 billion boe of additional resources at a cost of $ 0.6 per barrel. Promising new prospects to be drilled in future years. Our dual exploration model proved to be successful (sale of 40% of Zohr).

Eni's investments in the Exploration & Production segment

Successes and investments In 2016 we achieved numerous goals including investing in development, exploration and production. Capital investment Capital expenditure Capital expenditure of the Exploration & Production [...] News Exploration and production: performance and investments during the year Among the results achieved in 2016: the trend of GHG emission index compared to ...

4 May 2017 eni.com Section: operations

Dual exploration model

News Dual exploration model Changes to Eni's approach to exploration: today we generate cash in advance, thereby reducing investments - as we have already done in Mozambique and Egypt. Zohr: a successful [...] cent) - a winning example of the dual exploration model. Converting exploration achievements into business value The revolution started ...

31 August 2017 eni.com Section: operations

Exploration in 2016

industry (50% for Eni). At the end of the year there were 79 wells in progress (40 for Eni). Exploration wells and proven hydrocarbon reserves In 2011, 16 new exploration wells (10.2 for Eni) were completed, [...] reimbursement of costs incurred by Eni in 2016. Through the application of dual ...

10 August 2017 eni.com Section: enipedia

Exploration & Production: 2016 performance and capital expenditure

Exploration & Production: 2016 performance and capital expenditure Exploration & Production: 2016 performance and capital expenditure Overview In detail: performance data for 2016 in the Exploration [...] 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 ...

8 August 2017 eni.com Section: enipedia

Exploration model

organic growth through the integration of development and exploration dual exploration model The focus both now and going forward is exploration -"the centre of gravity of our growth potential" as Claudio [...] floating production and storage unit. Near field exploration - exploration next to production fields : working in synergy with existing plants ...

31 August 2017 eni.com Section: operations

Performance and investments

cash flows. Our series of successful exploration records continues : we discovered resources for 1.1bn boe in 2016, with an exploration unit price of 0.6 $/boe. Exploration resources over the past three years [...] finance their own investments and our performance levels are driven by innovation, improvements in efficiency, maximum ...

31 August 2017 eni.com Section: operations

Exploration and development activities

final investment decision (FID) is collected and evaluated. Key examples are Coral in Mozambique and Zohr in Egypt, where Eni took the FID decision while exploration was still in progress. Exploration is [...] guarantees fast development that overlaps with exploration, accelerating the entire process. Since 2008, Eni has discovered 13bn boe ...

31 August 2017 eni.com Section: operations

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, [...] ongoing production start-ups at the discoveries in Block 15/06 in Angola COUNTRIES WHERE ACTVITIES IN EXPLORATION, DEVELOPMENT AND PRODUCTION ...

12 May 2016 eni.com Section: operations

Exploration activities and successful discoveries

reimbursement of costs incurred by Eni in 2016. Eni, applying its dual exploration model, has already disposed stakes worth 5.4 billion since 2013. Continuing strong exploration track record. Discovered 1.1 [...] future years. In Morocco, Eni signed a Farm-Out Agreement (FOA) with Chariot Oil&Gas that includes the operatorship ...

4 May 2017 eni.com Section: operations

Exploration and research of hydrocarbons

innovation makes us extremely competitive in oil exploration, even in extreme environments. Successful Exploration Eni develops cutting-edge technology for oil exploration, key to its success in the discovery of [...] Knowing where to start before beginning: the first secret of Eni's exploration success is its technology for the study of ...

12 May 2016 eni.com Section: Innovation