Overview

Venezuela
In detail:

  • the main activities related to the Upstream sector regulated by a joint enterprise agreement in the Gulf of Venezuela, the Gulf of Paria and the Faja dell’Orinoco
  • Eni’s presence, in the R&M sector, in a joint venture with a company that produces methanol in Venezuela
  • Eni offices and contacts in Venezuela

Upstream

Eni has been present in Venezuela since 1998. 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).

 

Production 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.

Exploration Eni is also participating with a 19.5% interest in Petrolera Güiria for oil exploration and with a 40% interest in Punta Pescador and Gulfo de Paria Ovest for gas exploration, both located offshore in the eastern Venezuela.

Venezuela is currently experiencing a situation of financial stress Venezuela is currently experiencing a situation of financial stress amidst an economic downturn due to lack of resources to support the development of the country’s hydrocarbons reserves; that’s the reason why some of the undeveloped reserves in the Perla field have been reclassified to the unproved category (315 million boe) as required by the SEC legislation. 

Refining & Marketing

Eni has a stake in Supermetanol CA, a 50-50 joint venture with Pequiven (the state-owned petrochemical company) that operates a plant that produces methanol.

Offices & contacts

Exploration & Production 
Eni Venezuela B.V. e Cardon IV S.A. 
Avenida Orinoco cruce con calle Mucuchíes, 
Edf. 448, Las Mercedes 
Caracas 
Tel. (+58) 212 318 2000 
(+58) 212 821 2000 


Refining & Marketing 
SuperOctanos C.A. 
Complejo Petroquímico José Antonio Anzoátegui 
Barcelona, Estado Anzoátegui. Venezuela 
Tel (+58) 281 5008532 
(+58) 281 5008534

Back to top