China Development of Italian Eni Group

Starting from 1958, Eni began to do business with China, and provided fertilizer and synthetic rubber to China according to the agreement. In 1980s, the relationship between Eni Group and China became closer and closer. From 65438 to 0980, he participated in oil exploration and development in China. In the next few years, Eni cooperated with Beijing Institute of Chemical Technology, sinopec group, Yanshan Petrochemical Company and China Ministry of Chemical Industry to develop synthetic rubber technology. The petrochemical industry and synthetic materials have carried out extensive cooperation and exchanges. From 65438 to 0983, Eni cooperated with China Offshore Oil Corporation to explore and produce oil in the South China Sea of China. Eni holds 163% of the shares in the joint venture group.

In 1990s, with the development of China's economy, its strategic position became more and more important and became the focus of overseas business development of various countries.

1992, Eni undertook part of the design and construction of the 65438+ 10,000 tons/year alcohol plant of China Jilin Chemical Industry Group. In the same year, the company signed a $38 million contract with China Petrochemical International Company to build a 654.38 million tons/year ethylbenzene/styrene plant in Maoming Petrochemical Company. 1994, Eni cooperated with Jiangsu to establish Taicang Eni Chemical Co., Ltd., with an investment of 8 million US dollars, with an annual output of 1000 tons of carbofuran agricultural pesticides.

1995, Eni completed the construction of two important oil fields (HZ32.2 and HZ32.3) in the South China Sea, and put them into production at the end of 1995, with an output of 3 million tons/year. 1In August, 1996, Eni Company obtained the contract plotNo. 14 in Tarim Basin. Up to now, the total area of land acquired in China has reached 40,000 square kilometers.

1in March, 1997, Eni won the bid for the project of Nanjing Chemical Fertilizer Plant to produce ammonia 1000 tons/urea 1750 tons per day, and provided the corresponding proprietary technology. Engineering services, engineering supervision and key equipment procurement. In May, Eni Group signed a feasibility study agreement on the gas-water slurry pipeline from Shaanxi to Guangzhou. In June, Eni Group and China Petroleum and Natural Gas Group established a joint-stock company (each holding 50% of the shares) to jointly develop oil upstream projects outside China.

Today, China is in an important and priority strategic position in the business planning of Eni Group, and will continue to develop in China:

-Developing and consolidating oil and gas exploration and development.

-Participate in natural gas development projects, including strategic projects to obtain gas field development rights, and participate in natural gas import, domestic distribution and downstream business.

-moderately participate in the development of downstream oil projects.

-Consolidate Eni Group's leading position in the field of chemical fertilizers and actively participate in the engineering service planning of Sinopec projects, pipeline laying and refining projects.

Eni Group has offices in China, Beijing and Shanghai. In addition, Agip has a representative office in Shekou, Shenzhen. There are representative offices of Ajipu Oil Company and Eni Chemical Company in Hong Kong. Ajipu Company has a representative office in Korla.