Eni S.p.A. Expands Its FLNG Empire—A Bold Push into Next-Gen Energy Export!

Eni’s third quarter 2025 results demonstrate a robust execution of its strategic initiatives, reflecting a significant enhancement in its operational and financial performance across multiple business segments. A year-on-year production growth of 8.5% underscores the company’s focus on its upstream operations, alongside developments in emerging energy sectors. Key achievements include the successful commencement of production in Azule Energy’s Agogo West Hub in Angola and significant progress in several satellite start-ups, contributing to a notable production increase. Financially, Eni reported a pro forma adjusted EBIT of EUR 3 billion, marking a 12% increase from the previous quarter. However, this figure reveals a slight 6% drop from the prior year, attributed to declining crude oil prices. Despite this, upstream production increased to 1.76 million barrels per day, supported by strategic start-ups and consistent production optimization efforts.