Eni S.p.A (E)
2012-2015 Strategy Presentation
March 15, 2012 11:30 AM ET
Paolo Scaroni – CEO
Claudio Descalzi – COO, Exploration & Production
Umberto Vergine – COO, Gas & Power Division
Alessandro Bernini – CFO
Daniela Ferrari (ph)
Alejandro Demichelis – Merrill Lynch
Alastair Syme – Citigroup
John Rigby – UBS
Theepan Jothilingam – Nomura
Mark Bloomfield – Deutsche Bank
Jason Kenney – Santander
Neill Morton – Berenberg
Colin Smith – BTB Capital
Good afternoon, ladies and gentlemen, and welcome to ENI Strategies Presentation. For the duration of this call, you will be in listen-only mode. However, at the end of the call, you have the opportunity to ask questions.
I’m now handing you over to your host to begin today’s conference call. Thank you.
Good afternoon, ladies and gentlemen and welcome to our Strategy Presentation. This afternoon I will give you an update on our prospect and targets in each of our main divisions. But before we do that, I would like to highlight how ENI has consolidated its position over the past years and why we’re now about to enter the period of rapid growth which would last not just for the next four years but for the next decade.
In E&P, the restart of our activities in Libya is leading towards fast recovery in our 2012 production. In 2011, we’ve also made significant progress on key projects including the FIDs of giant fields in Venezuela and Russia adding certainty and visibility to our near term growth prospects.