IT (CURRENT) Home Operations How we operate HOW WE OPERATE The energy world is changing How is Eni responding: strategy, environmental redevelopment, investments. Our strategic objectives Creating value not only means guaranteeing financial stability but also and especially social and environmental sustainability. The challenging scenario we are witnessing today – falling oil prices and the sharp drop of gas consumption in Europe – has forced us to shift course in order to guarantee growth and increase value. Eni today is stronger as an energy company, with a new expansion programme that seeks to complete the transformation started in 2014. We have restructured Mid-Downstream, strengthened our Upstream business, invested even more in research and technology and set a decarbonisation process in motion. In addition, we have outlined a digitalisation process comprising more than 150 projects, which will allow us to reduce production costs by 7 per cent and exploration work by 15 per cent by 2021. DISCOVER THE STRATEGIC PLAN 2018-2021 We are an energy company. We are working to build a future where everyone can access energy resources efficiently and sustainably. Our work is based on passion and innovation, on our unique strengths and skills, on the quality of our people and in recognising that diversity across all aspects of our operations and organisation is something to be cherished. We believe in the value of long term partnerships with the countries and communities where we operate. ENI MISSION The growth potential of our operations We operate in 71 countries around the world, focusing on the exploration, development, production and sale of oil and natural gas. With more than 3.4 billion boe discovered over the past three years, we are still best in class for exploration. However, our business model is becoming increasingly integrated and sustainable and we aim to eliminate gas flaring by 2025. #EniRecord Seven projects were completed well in advance of our forecasts: the West Hub and East Hub in Angola; Nené Marine in the Republic of Congo; Zohr and Nooros in Egypt; OCTP in Ghana; and Jangkrik in Indonesia. Perfect integration With the increasing integration of upstream and Mid-downstream and due to the massive amount of gas we have discovered, we are turning into a gas and power company with an evolving model that is still tied to retail but linked to Upstream. Energy transition Our objectives are to give everyone access to energy resources in an efficient and sustainable way and guarantee the gradual and economically sustainable replacement of high-carbon sources with much cleaner ones. Progetto Italia During our industrial restructuring process, some of the reclaimed land will be used for new projects in order to produce energy from renewable sources. We aim to create a new industrial course. DISCOVER MORE The energy mix: natural gas and renewables Gas is the best possible partner for renewables during the transition to sustainable energy. Our model is based on three elements: decarbonisation, gas advocacy and renewable energy. Currently, 58 per cent of our portfolio offers gas-related plans. Our strategy for a low-carbon future DISCOVER MORE Environment first We place a strong emphasis on our commitment to land reclamation and that is precisely why we created a company, Syndial, to implement environmental redevelopment. We consider protection and preservation of the land to be extremely important and are committed to cleaning up the sites where we operate. DISCOVER MORE Performance and investments Our performance levels and achievements were inextricably linked to reconfiguring the company’s business model. 1.82 m boe/d hydrocarbon produced in 2017 1 bn boe equity discovered in 2017, with a unit cost of $1/boe EXPLORE ALL THE DATA Find out more on enipedia Our 2017 achievements and 2018-21 strategy. 2018-2021 Strategy 2018 Financial results and presentations 2017 Financial results and presentations Exploration & Production: 2017 performance and capital expenditure Gas & Power: 2017 performance and capital expenditure Refining & Marketing: 2017 performance and capital expenditure We are an energy company. We are working to build a future where everyone can access energy resources efficiently and sustainably. Our work is based on passion and innovation, on our unique strengths and skills, on the quality of our people and in recognising that diversity across all aspects of our operations and organisation is something to be cherished. We believe in the value of long term partnerships with the countries and communities where we operate. Registered Head Office Piazzale Enrico Mattei, 1 00144 Rome, Italy Company Share Capital € 4.005.358.876,00 paid up Rome Company Register, Tax Identification Number 00484960588 VAT Number 00905811006 Branches Via Emilia, 1 and Piazza Ezio Vanoni, 1 20097 San Donato Milanese, Milan, Italy POLICIES Sitemap Accessibility Terms and Conditions Privacy Policy Cookie Policy Info Reserved Area Remit