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Eni announces the industrial deployment of ECHELON, an advanced dynamic reservoir simulator, for optimization of field monitoring, development and production. ECHELON software allows to run thousands of parallel reservoir simulations in a record timeframe, further accelerating projects time-to-market. This technology will support Eni in managing uncertainty while improving early understanding …

Eni has started the updating work for its new supercomputer system, HPC5, in order to strengthen the existing HPC4, tripling its computing power from 18 to 52 petaflops, equivalent to 52 million billion mathematical operations a second. Thanks to HPC5, powered by Dell Technologies, Eni’s Green Data Center, will become …

Eni formally committed today not to perform oil and gas exploration and development activities within the boundaries of Natural Sites included in the UNESCO World Heritage List. The commitment gives official recognition to a policy that Eni is already following in its operations. It is another important step in the …

Eni was included this year, for the first time, in the top 10 of the companies best reporting on their sustainability performance, an analysis published by the World Business Council for Sustainable Development (WBCSD) showed. Reporting matters is the WBCSD’s annual review of member companies’ sustainability and integrated reports, in partnership …

Eni is continuing its transformation by launching a new corporate mission. Inspired by the United Nations’ 17 Sustainable Development Goals (SDGs), Eni’s mission sets out the company’s values regarding climate change, the environment, access to energy, cooperation and partnerships for development, and the respect for people and human rights. The …

The Society of Petroleum Engineers (SPE) brings you the first symposium on Caspian Health, Safety, Security, Environment and Social Responsibility taking place in Nur-sultan, Kazakhstan on 24–25 September. Hosted by JSC NC “KazMunayGas” (KMG), the leading oil and gas company in Kazakhstan, it will bring together local, regional and global …

Yesterday, Eni’s Board of Directors approved the Group results1 for the second quarter and first half of 2019 (unaudited). Commenting on the results, Claudio Descalzi, CEO of Eni, remarked: “In the first half 2019, Eni delivered excellent operating and financial results, making substantial progress towards the achievement of the full-year targets …

The Kazakh Ministry of Energy, KazMunayGas and Eni signed a protocol of direct negotiations to grant the subsoil use right for exploration and production of hydrocarbons within joint operations on Abay, an offshore area in the Kazakhstani sector of the Caspian Sea. he Kazakh Ministry of Energy, KazMunayGas (KMG) and …

Eni and IBM announced the first results of a multiyear collaboration using artificial intelligence (AI) by launching the research platform “Cognitive Discovery”. The objective of the new platform is to support Eni’s decision-making during the initial stages of the exploration phase, in order to significantly reduce the exploration risks linked …

Oil output at Kazakhstan’s Kashagan field reached an all-time high of 400,000 barrels per day (bpd) on Tuesday, three sources familiar with daily production data told Reuters. Oil production on Kashagan might rise further to 410,000 bpd in coming months, two industry sources familiar with the development plan said. Output …