Eni is one of the leading integrated energy companies in the world, operating in the oil and gas, power generation, petrochemicals, engineering and construction industries. ENI is present in more than 70 countries and is Italy’s largest company by market capitalization.
In the later part of 2009 Eni made several operational expansions, these include: the acquisition of operatorship of the offshore exploration permits Cape Three Point and Cape Three Point South (Eni 47.2%), off the Ghanaian coast, and being awarded the exploration license of onshore Sukhpur block in Pakistan, following a competitive bid procedure. Further achievements involve the large gas discovery made in the Perla field, located in the Cardon IV block (Eni 50%) in the Gulf of Venezuela; and, winning a license for the development of the giant Zubair field, one of the biggest oil properties in Iraq.
On October 19, 2009 Eni and commercial partners in Turkey and Russia, working on the construction of the Samsum-Ceyhan pipeline, signed a Memorandum of Understanding committing to discuss the definition of the economic and contractual conditions for Russian companies to participate in the Samsun-Ceyhan Project in order to ensure the volume of crude that would guarantee the economic sustainability of the project, which is designed to build a by-pass to facilitate safer transport across the Bosphorus and Dardanelles Straits as well as reducing the impact on the region’s complex and delicate ecosystem.
Eni has a staff complement of 79,000 and has a strong edge and leading international market position in its businesses.