Profile of Eni

Eni is an energy company.
Eni works to build a future in which everyone can access energy resources in an efficient and sustainable fashion. With a presence in 66 countries and over 30,000 employees, our work is based on passion, innovation and skills development. For us, the value of the individual is paramount and diversity is a resource. We believe in long-term partnerships with the Countries and communities where we operate.

Eni is currently present in Russia since 1950  with activities of Exploration & Production, Gas&Power and Refining & Marketing

The company has adopted a model of sustainability focused on the enhancement and security of its employees and of the communities it works with, on environmental protection, on technological innovation and research, on fighting climate change and on energy efficiency.

Eni's track record in Russia
  • Firma del contratto per la fornitura di greggio, Mosca, Russia, 12 ottobre 1960.Eni was one of the first European companies to forge an economic and trading relationship with the USSR in the late 1960s. At the beginning of 1950, Enrico Mattei signed the first oil supply contract with the USSR and, in the latter half of the 1960s, major gas export projects were established in Russia with the participation of a number of Western countries.  These were aimed at the construction of infrastructure and large-diameter pipelines for the supply of gas to Europe. In this case, Eni acted as an equipment, technology and service provider.


    Posa del gasdotto Russia-Italia, fiume Morava, Slovacchia, 1972.In 1969, a supply contract for 6 billion cubic metres of natural gas per annum was signed. Gas supplies under that contract started in 1974. Eni and Gazprom have established a strong business relationship which continues today. In the 1970s and 1980s the relationship became more intensive when Eni and its subsidiaries participated in a project for pipeline construction in the Slovak Republic and Austria (Trans Austria Gasleitung - TAG), suppling industrial equipment and machinery. Subsequently the possibilities for the development of huge natural gas reserves in Urengoy (Siberia) emerged and a new phase in the collaboration between the two companies began with the signing of an agreement that guaranteed additional natural gas supplies. In addition, an increase in the supply of goods and services from Italy was also confirmed and during the period, 19 compressor stations for the Urengoy gas pipeline were delivered.

    As a result of new equipment supplies in the 1990s, the implementation of a number of large projects began. In 1992 Tragaz (Snamprogetti/Nuovo Pignone Consortium) signed a contract with Gazprom to upgrade the Russian gas pipeline network. Thanks to this upgrading, it became possible to recover fundamental quantities of gas that would otherwise have been lost. In 1996, Eni began receiving additional deliveries of natural gas.

    In 1998 Eni and Gazprom signed an agreement that marked a new era of collaboration between the two partners and a shift in emphasis from technical and commercial to business and industrial relations. First jointly owned companies (such as NeftoAgip which established the first western-owned petrol station in Moscow) were set up to operate in both the upstream and downstream sectors. In 2000, the Blue Stream Pipeline Company BV (BSPC) was founded to complete the Blue Stream gas pipeline. In June 2007, the beginning of the South Stream pipeline construction project aimed at transporting Russian gas to Europe was announced.

    Perforazione esplorativa, okrug autonomo di Yamalo-Nenetsky, Russia, 1976.In 2007 the company acquired a number of Russian assets which included three companies operating in the exploration and development of natural gas reserves:  ArcticGas OJSC, Urengoil CJSC, and Neftegaztechnologia OJSC. The three companies are operated by SeverEnergia LLC, a joint venture in which Arctic Russia B.V. has a 49% stake (60% Eni and 40% Enel), that owns a significant number of natural gas fields in Yamal-Nenets Autonomous District. This District is considered to be the world’s richest area of natural gas reserves.

    On the basis of these assets, on 20 April 2012, for the first time in its history, Eni began the hydrocarbon production in the Russian Federation at the Samburg field located in the Yamalo-Nenets Autonomous District in West Siberia.  The total gas and liquid output of the field, which is owned by SeverEnegia, will amount to 43,000 barrels of oil equivalent per day.

    On 15 January 2014, Eni sold its 60% stake in Arctic Russia B.V. to Yamal Development, a joint venture owned by NOVATEK and GazpromNeft, and, consequently, Eni no longer holds a stake in SeverEnergia.

 

Eni at a glance

Find out more about us visiting the following sections on eni.com


Last updated on 20/07/20