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ENI

ENI

ENI is a Rome-based petroleum and energy company founded in 1953 by Enrico Mattei.

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August 16, 2021
WebWire
Eni started production of the Cuica Field, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo Floating Production Storage and Offloading (FPSO) vessel on 30th July 2021, just over 4 month from discovery. The Cuica field was discovered by the exploration well Cuica 1 in March 2021. It is located in a water depth of 500 meters, approx. 3 km from the Olombendo FPSO. The early production of the development, that will increase and sustain the Olombendo FPSO production platea...
August 4, 2021
WebWire
Eni publishes Eni For Human Rights, the third company's report that illustrates its commitment to the respect for Human Rights, providing transparent information on Eni's approach, challenges and performance on the matter. The report mirrors the United Nations' Guiding Principles (UNGPs), the global framework created to prevent, address and remedy adverse impacts on human rights linked to business activities. In a historical moment characterized by the uncertainty caused by the Covid-19...
July 30, 2021
WebWire
, , , , • Both companies collaborate to develop sustainable technology to produce bio-propanol from industrial residues , , • Innovative technology focuses on making use of a by-product of bio-diesel production , , • Novel process to produce advanced, bio-based propanol , , , , , , San Donato Milanese (Italy) and Ludwigshafen (Germany), July 29th, 2021 - Eni and BASF have signed a strategic agreement on a joint R&D initiative to reduce the CO2 footprint of the transportation sector. The cooperati...
July 26, 2021
WebWire
Eni, through Eni gas e luce, has signed an agreement with Azora Capital for the acquisition of a portfolio of nine renewable energy projects in Spain. The operation involves the acquisition of three wind farms in service and a wind farm under construction in the central/northern area of the country, for a total of 230 MW, and five large solar projects in advanced development for around 1 GW. For all the plants under constructions or in development, Eni and Azora will work together to ensu...
July 13, 2021
WebWire
Red Rock Power Limited and Eni have formed a new 50/50 partnership as they prepare to make a joint bid with the support of transmission company, Transmission Investment in the forthcoming ScotWind offshore leasing round , , , , , , • The energy companies combine their expertise to strengthen ScotWind proposition and collaborate on future projects , , • Partnership will maximise opportunities to transition oil and gas workforce and for future decarbonisation of North Sea energy operations , , • T...
July 5, 2021
WebWire
Eni gas e luce has updated its Articles of Association to "Società Benefit" (Benefit Corporation) status, becoming the first major Italian energy company to do so. A Benefit Corporation represents an evolution of the concept of corporation, as it integrates into its corporate purpose, in addition to the profit objective, the aim of having a positive impact on society, communities and people, as well as on the environment. By becoming a Benefit Corporation, Eni gas e luce takes up a for...
June 15, 2021
WebWire
Eni has signed an agreement with the Arab Republic of Egypt, the Egyptian General Petroleum Corporation (EGPC) and Lukoil for the merger of the concessions of Meleiha and Meleiha Deep, in Egypt's Western Desert, and their extension to 2036, with the possibility of reaching further to 2041. The agreement, which marks another important result for Eni in the prolific basin of the Egyptian Western Desert, will unlock, through enhanced contractual terms, the area's considerable resources, tha...
May 27, 2021
WebWire
Eni and Progressive Energy Limited have announced the signing of a framework agreement to further accelerate carbon capture and storage (CCS) within the HyNet North West low carbon cluster project. Under the agreement, Eni will develop and operate both the onshore and offshore transportation and storage of CO2 in their Liverpool Bay assets, whilst Progressive Energy will lead and coordinate the capture and hydrogen aspects of the project on behalf of Hynet North West, thereby linking to...
April 30, 2021
WebWire
Having examined the results, Eni CEO Claudio Descalzi said: "The first quarter of 2021 has been significantly impacted by ongoing national lockdowns, however despite this Eni has achieved significantly improved results, most notably driven by E&P and the chemicals business. Meanwhile, our retail G&P business continued to grow steadily, with year-on-year EBIT increasing by 19% as we leverage our unique and expanding customer base in the power segment and benefit from a greater contributio...
April 27, 2021
WebWire
University of Padova and Eni today have signed a cooperation framework agreement for the energy transition, digital transformation, and the circular economy, during an online meeting attended by the Rector of the University of Padova, Rosario Rizzuto, the President of Eni, Lucia Calvosa, and Eni CEO, Claudio Descalzi. The three years long partnership, with a possible extension to five years, strengthens the existing collaboration on key areas for Eni, such as geology and geophysics, an...
April 19, 2021
WebWire
Ras Al Khaimah (United Arab Emirates), 19 April 2021 - Eni, through its subsidiary Eni RAK, has been awarded Block 7 located in the onshore of Ras Al Khaimah, United Arab Emirates. The Exploration and Production Sharing Agreement was signed between the Chairman of Eni RAK, Fuad Krekshi, and the Chief Executive of the Ras Al Khaimah Petroleum Authority, Nishant Dighe, in the presence of His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council of the UAE and Ruler of Ras...
April 12, 2021
WebWire
Eni acquires a 100% interest in Block 115/09 located in the Song Hong basin nearby Ken Bau gas and condensates discovery. Eni, through its affiliate Eni Vietnam, has completed the acquisition from Krisenergy (Vietnam 115) Ltd. of a 100% participating interest and the operatorship in Block 115/09, offshore central Vietnam. The area is adjacent to Block 114 where the operator Eni Vietnam and its partner Essar Exploration and Production Limited have recently announced the Ken Bau gas a...
The Economist
March 18, 2021
The Economist
A verdict in the long-running bribery trial
April 6, 2021
WebWire
Confirming their respective commitments to decarbonization, FNM and Eni have signed a letter of intent that sees them launch a strategic collaboration aimed at speeding up the process of transitioning to new energy sources. The letter of intent, signed by FNM Chairman Andrea Gibelli and Chief Operating Officer Energy Evolution Giuseppe Ricci, provides an outline of potential collaborations and initiatives in fields including the introduction of fuels and energy vectors with the ability to...
March 15, 2021
WebWire
Eni and Politecnico di Milano today have signed a new framework agreement during an online event attended by the Minister of University and Research Maria Cristina Messa, the President of Lombardia Region Attilio Fontana, the Rector of the Politecnico Ferruccio Resta, the President of Eni Lucia Calvosa and Eni CEO Claudio Descalzi. The collaboration between Eni and the Politecnico di Milano, that began in 2008, has received research investments for about 50 million euros, and led...
March 9, 2021
WebWire
Eni reached an agreement today to sell its shares in its entities in Pakistan to Prime International Oil&Gas Company, a newly established company formed by former Eni's local employees team and Hub Power Company Ltd, the largest Independent Pakistani Power Producer. The activities covered by the agreement include interests in eight development and production leases in the Kithar Fold Belt, and the Middle Indus Basins and four exploration licenses in the Middle Insud and the Indus Offshor...
January 28, 2021
WebWire
Eni announces the successful award of a new Production Licence, resulting from an application made in the 32nd UK Offshore Licensing Round. The Licence, named P2511, covers an area of approximately 340 square kilometres and is located approximately 250 km offshore UK in the Northern North Sea in a water depth ranging from 100 to 130 m. It is situated near the UK/Norwegian border where several significant discoveries were recently made. The Licence has an Initial Exploration Term of six...
January 20, 2021
WebWire
Eni through Vår Energi, jointly owned by Eni (69.85%) and by HitecVision (30.15%), will participate in a total of 10 new licenses as a result of the "Awards in Predefined Areas 2020" (APA) by the Ministry of Petroleum and Energy of Norway (MPE). Vår Energi has been granted the following 5 operatorships (op) and 5 partnerships in licenses distributed over the three main oil and gas provinces in the Norwegian continental shelf (NCS): North Sea: PL 1090 (op), PL 1096 (op) Norwegian Sea: P...
January 4, 2021
WebWire
This is the first start-up from a new discovery onshore Sharjah since the early 1980s, achieved in less than two years from contract assignment and one year since discovery announcement. Eni and Sharjah National Oil Corporation (SNOC) are pleased to announce production start-up from the Mahani field, located in onshore Concession Area B of the Sharjah Emirate. This is the first step in the further evaluation of the Mahani gas and condensate discovery, announced last January, that is e...
December 29, 2020
WebWire
Dr Huang Yong, Director General of the International Cooperation Center of the National Development and Reform Commission, and Eni's Chief Executive Officer, Claudio Descalzi, signed today a Memorandum of Understanding (MoU) on energy cooperation at the presence of the Ambassador of Italy to the People's Republic of China, Luca Ferrari, on the occasion of the China-Italy Joint Government Committee. The MoU, signed by Dr Huang Yong at the Embassy of Italy in Beijing, establishes a cooperat...
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