Overview

China
In detail:

  • the main activities in the Upstream sector conducted by Eni in China in blocks located in the offshore South China Sea
  • the interest in gas sector (MoU)
  • the marketing of lubricants in the R&M sector
  • Eni offices and contacts in Cina

Exploration & Production

Eni has been operating in China since 1984 and activities are mainly concentrated in the offshore of the South China Sea for a total area of 7,141 square kilometers.

In 2018, Eni's average production of hydrocarbons amounted to 1 kboe / day, and 1 kbbl / day of oil and condensates. Eni's exploration and production activities in China are regulated by Production Sharing Agreement (PSA).

Gas & LNG Marketing and Power

Thanks to sizable reserves on Chinese soil and the CO2 emission reduction targets that the country is committed to pursuing, the gas market continues to hold the greatest interest and is set to grow more than any other.

Recently, Eni strengthened its relationship with China in this area through the Memorandum of Understanding, which to the benefit of both parties provides a number of different business opportunities both in China and internationally. Petrochina will consider the possibility of acquiring a stake in some of Eni’s assets, while Eni will offer the expertise in shale gas that it acquired in America.

The MoU provides for a collaboration focusing on advanced technologies, but above all on the exploitation of unconventional oil and gas resources.

Refining & Marketing

Eni has been present in China since 2012, with headquarters in Shanghai and is active in the lubricants market. The company has sixteen employees, including expatriate and local staff.  The company has 21 employees, including expatriate and local staff. Sales last year were around 6kt. Eni has also launched in China a new line of lubricants, especially designed for the Chinese market, with a specific commercial image. The automotive line covers light traction, heavy goods vehicles, motorcycles and transmission oils. The company has also begun to market products for industry.

Offices & contacts

Exploration & Production
Eni China B.V.
Capital Mansion Building
25th floor
room 2501 6 Xin Yuan Nan Road
Chao Yang District
Pechino

Refining & Marketing
Eni Lubricants Trading Shangai
Unit 2C, 16F, Golden Bund
Financial Center, No. 222
Yanan Road (East),
Huangpu District,
Shanghai
Ph: +86 21 23137615

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