ENI

History

The history of ENI can be traced back to 1860. In 1926, AGIP (Azienda Generale Italiana Petroli) – Italian General Oil Company was established. ENI (Ente Nazionale Idrocarburi) was established in 1953. In the 1990s, from a public corporation ENI was transformed into a joint stock company.
On 2003, AgipPetroli was merged into ENI. Today, ENI is a large international company.

Mission

The mission of ENI as a major integrated energy company, is to be committed to growth in the activities of finding, producing, transporting, transforming and marketing oil and gas. ENI men and women have a passion for challenges, continuous improvement, excellence and particularly value people, the environment and integrity.

Area of Operation

The businesses of ENI are:

• Exploration & Production
• Oil, Natural Gas & Power (Electricity)
• Refining & Marketing
• Oilfield Services, Construction & Engineering
• Petrochemical Business

Key Statistics

• ENI holds assets of $98.90 billion.
• ENI has made profits of $10.91 billion in 2006.
• ENI operates in around 70 countries in six continents across the world.
• ENI has 72,258 employees.

Organization

The organization chart of ENI is as follows:

• Shareholder’s Meeting
• The Board of Directors
• Chief Executive Officer
• Chairman
• Senior Vice President
• Chief Operating Officers
• General Managers
• Board of Statutory Auditors

International Ranking

• ENI ranks 31 in the world according to Forbes Magazine list.
• ENI ranks 27 in Fortune Global 500 list.

Subsidiaries

The Italian and international subsidiaries of ENI are:

• ENI Power
• Italgas
• Snam Rete Gas
• Polimeri Europa
• Saipem
• Snamprogetti
• Sofid
• Syndial S.p.A.
• Tecnomare
• ENI Corporate University
• ENI International Resources Limited

Recent Merger and Acquisition

• 2000: British Borneo acquisition.
• 2001: Lasmo acquisition
• 2002: On February 1, ENI absorbed Snam.
• 2003: On January 1, AgipPetroli was merged into ENI.
• 2005: On August and September: ENI acquired the exploration license for 104 blocks onshore and offshore Northern Alaska.

Headquarter Address

Piazzale Enrico Mattei 1
00144 Roma
Italy
Phone: 39-06-5982-1