Eni targets 17 countries in multibillion-barrel oil and gas exploration blitz

Italian major will spend $2.2 billion by 2026 to hunt for more hydrocarbons, as new projects boost production to 1.9 million barrels of oil equivalent per day

Exploration confidence: Eni chief executive Claudio Descalzi speaking to analysts in Rome on 23 February 2022.
Exploration confidence: Eni chief executive Claudio Descalzi speaking to analysts in Rome on 23 February 2022.Photo: ENI
Published 24 February 2023, 12:28Updated 28 February 2023, 15:19