Eni Company Description
It's not teeny, it's Eni -- and it's huge. One of Italy's largest companies, Eni operates in the oil and natural gas, petrochemicals, and oil field services industries and has expanded into power generation. Its main subsidiaries and affiliates include EniPower (power generation), Italgas (natural gas transmission), Saipem (oil field services), pipeline operator Snam Rete Gas, and Snamprogetti (contracting, engineering). As one of the world's leading oil enterprises, in 2008 Eni had proved reserves of 6.6 billion barrels of oil equivalent, most of it in Italy and in Africa. The Italian government owns about 30% of Eni but is considering selling the holding.
View the Comprehensive Company Description for Eni
The Company Description provides a historical perspective of Eni's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Eni's evolution in the marketplace.
