Management Review
Welcome to Eni Petroleum
New Hire Orientation
Human Resources – 2019/2020
Welcome!
Eni: an Italian company with a worldwide presence
We are one of the global oil and gas super-players, operating in 67 countries worldwide and
employing more than 30,000 people. We are committed to building our leadership position in the
United States O&G Exploration and Production by empowering our employees to be the best in the
business. In pursuit of this goal, we will always act with integrity and operate safely and responsibly.
2
"We are an energy company. We concretely support a just energy transition, with the objective
of preserving our planet and promoting an efficient and sustainable access to energy for all.
Our work is based on passion and innovation, on our unique strengths and skills,
on the equal dignity of each person, recognizing diversity as a key value for human
development, on the responsibility, integrity and transparency of our actions. We believe in the
value of long term partnerships with the countries and communities where we operate, bringing
long-lasting prosperity for all."
3
Eni’s mission integrates sustainability into its business
https://sustainabledevelopment.un.org/sdgs
Our vision targets long-term value
Our values
Our focus on people-centred sustainability and innovation allows us to harness ideas, skills and passion to create long-lasting growth.
Safety: We work and live safely
Integrity: We honor our commitments, and expect others to do the same.
Respect: We seek first to understand, then to be understood.
Communication: We share our knowledge and expertise with each other.
Excellence: We demand the best of ourselves, our contractors and our business partners
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We are an energy company
A global supermajor operating in 67 countries around the globe with ̴ 32k employees and a market capitalization of ̴USD 58 billion 1
Upstream
Mid-Downstream
Financials
FY 2018
FY 2018
FY 2018
Net sales € 75.8 bln CFFO € 13.7 bln Adj. EBIT € 11.2 bln Capex and investments € 9.4 bln 3 Disposals € 1.2 bln 4 Gearing 14% / Leverage 0.16 Net Debt / Adj. EBITDA 0.5
77 bcm gas sold worldwide 37 TWh electricity sold 23 Mton refinery throughput 4.9 Mt sales chemical products Adj. EBIT € 0.9 bln 2
Production 1.85 Mboe/d Proved reserves 7.2 bln boe 3Y average organic RRR 131% Adj. EBIT € 10.8 bln
1 Listed on the Milan & New York Stock Exchanges. Mkt Cap as of July 22, 2019. 2 Adj. EBIT of the G&P, R&M and Chemicals 3 Net Capex €7.9 bln, net of the entry bonus relating to two Concession Agreements acquired in the UAE and of the share of 2018 development capex related to the share of 10% in Zohr, reimbursed to Eni by the buyer at the closing of the disposal. 4 Disposal of consolidated subsidiaries, businesses, tangible and intangible assets and investments
Global Exploration
UK Norway
Egypt Cyprus Libya Algeria
US Alaska
Middle East
Mexico
Pakistan
Ghana & Ivory Coast
Vietnam Indonesia
Angola
Mozambique
Risked Exploration potential
CURRENT NET ACREAGE +37% vs 2014
Resources to discover
UEC ~ $ 1.6 /boe 2.5 bln boe
thousands km 2 >460
>140 WELLS IN THE 4YP
Eni’s 4 year guidance
1.87 - 1.88 mboed
Production
700 mln boe
EXP discoveries
G&P EBIT
€ 0.6 bln
R&M EBIT
€ 0.4 bln
~ € 12.8 bln
CFFO
CAPEX
< € 8 bln
CFFO (pre working capital & IFRS 16 and at replacement cost) at 2019 scenario: Brent $ 62 /bl, Italian gas price (PSV) € 266 /kcm, $/€ exchange rate 1.15
Eni’s operational model
EFFICIENCY
INTEGRATION
EFFICIENCY TECHNOLOGY DEPLOYMENT
INTEGRATION
UPSTREAM ORGANIC GROWTH
LNG
DOWNSTREAM EXPANSION TECHNOLOGY DEPLOYMENT
CIRCULAR ECONOMY
RENEWABLES
STRATEGY FOR DECARBONIZATION
CAPITAL DISCIPLINE
STRATEGY FOR DECARBONISATION
CAPITAL DISCIPLINE
Our commitment towards sustainability
UPSTREAM NET ZERO EMISSIONS BY 2030
TOOLS
Growth in zero carbon sources
Forestry projects
Growing share of gas
Increased efficiency
Circular approach
CCUS
NEW TECHNOLOGIES
Creating value across the globe
Eni’s people
Our people are an essential and fundamental element of all our activities. It is only because of their dedication that we can achieve our business goals.
Being Part of Eni
Our real energy comes from our people; the factor that allows us to maintain our level of excellence and face our business challenges. People who become part of the Eni team are given the opportunity to:
• Everyone at Eni has the opportunity to access training of the highest standard
Professional Growth
• Enable our people ti grow professionally, allowing employees to become the architects of their own success.
• Invest in facilities and the latest technology throughout our business.
Cutting-edge Work
• It is important that our employees have the opportunity to develop their knowledge and cutting-edge skills.
• Eni has always focused on ambitious projects, extracting energy at depths never reached before.
Toughest challenges
• Often our work is found in extreme conditions, yet, we always maintaining compliance with the highest environmental standards.
• The value of our rewards for commitment and success is as high as our expectations and standards.
• This enables us to attract and retain some of the best talent in the industry.
Recognition
Mission: Eni’s Actions and Commitments for a Sustainable Development
Orientation Dashboard
ADDITIONAL RESOURCES
OBJECTIVES
Company overview, Eni Petroleum’s leadership team and structure, and workplace culture
Our products and services and where Eni Petroleum operates
Discover how to set-up your workstation, computer, benefits, email, etc.
Documents Links
E-Books Videos
Begin to plan for your next 30 days!
CONTACT INFO
US Operating Overview
Leadership
Culture of safety
Getting started
Benefits & Payroll Email Phone Number
ICT Helpdesk Email Phone Number
TBD Email
Human Resources Email
FOUR
THREE
TWO
ONE
US Operating Overview
Upstream
Refining & Marketing
Trading & Shipping
Eni has been present in the United States since 1968.
Eni North America operates in the areas of direct and indirect channels in the lubricants marketplace. Eni products are manufactured in Cabot, Pennsylvania and are sold through the distribution and direct sales in the following markets:
Eni Trading & Shipping Inc. (ETS) operates in the activities of domestic crude marketing and trading, international crude cargo marketing and trading of refined products and components.
Activities are performed in the Gulf of Mexico, Alaska, and in Texas onshore
Over a developed and undeveloped acreage of 3,122 square kilometers (2,191 square kilometers net to Eni).
The commodity trading group is active in:
Domestic crude marketing and trading
• Deep water exploration and production in the Gulf of Mexico
International crude cargo marketing
Automotive
Trading of refined products and components
• Fort Worth, Texas Basin
Heavy duty metals
• E&P in Alaska (N. Slope)
NY Harbor storage infrastructure to blend gasoline components
Industrial manufacturing
Metalworking
We have been in the country since 1968, in the Gulf of Mexico, Alaska and onshore in Texas. Our activities on the American continent are concentrated on exploration and development activities, as well as refining and technological research projects in collaboration with MIT.
COMPANY OVERVIEW
Department organizational structure
CEO
HRO & Services (N.A)
Finance & Control
Land & Business Development
Technical Services
Commercial Marketing
Investor Relations
General Counsel
Procurement
HSEQ
Exploration
ORGANIZATIONAL STRUCTURE
Slide title
Eni is committed to spreading a culture of safety as an essential element of operations. We do this through projects that encourage safe and healthy working environments.
Our commitment is to operate on some key levers, in particular:
Act on behaviors;
Eliminate bad habits and promote good practices ; Motivate to safety , providing the example thanks to management commitment.
CULTURE OF SAFETY
New hire checklist
Employee checklist
• Departmental orientation & assimilation partner • Review job role and responsibilities • Orientation to the local network/network access and share drives
• Computer access: logon/logoff • Map out the lay of the land (tour) • Transportation & Parkin
GETTING STARTED
Documents
• Handbook For Personnel • Model 231 and Code of Ethics • Employee Training and Development Procedure
• Human Resources MSG • International Mobility
Links
• My Eni (company intranet) • Meritain Health Benefits • Kronos (Timesheet and vaction request) • SAP Concur • ADP Employee Site
Resources
• Code of Ethics • Eni's Statement on Respect for Human Rights • Model 231 • Management and Organizaion Systems • Regulatory Systems and Maps
Videos
• Eni Media Page • Stakeholder value through the energy transition • EniPeople and HPC4 • We are Eni - New Mission • Eni in a day - take a look inside Eni
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