Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
ENI Service history
ENI Service company history timeline
The new company, Enimont, was formed early in 1989, with 40 percent owned by ENI, 40 percent by Montedison, and the remaining 20 percent to be traded publicly.
Gabriele Cagliari replaced Franco Reviglio in 1989, to preside over ENI's experiment in a large-scale partnership with the private sector.
Sales continued to increase in most sectors at the end of 1990, with higher oil prices pushing up profits in the energy sector.
After the German reunification in 1990, Agip Deutschland was committed to creating an efficient distribution network in the new Federal Lands, and the first Agip service station in East Germany was opened already in 1990.
The first tranche of the company's shares was listed on the Borsa Italiana and the New York Stock Exchange in 1995.
As the price of oil collapsed in 1998 as other major companies Eni got to turn into a race through merges, international acquisitions, new explorations and the foundation of real super-companies.
Since 2000 Eni starts developing the major Kashagan oilfield offshore discovery, along the Caspian Sea.
2000: The United Kingdom's British Borneo is acquired for $1.2 billion.
2001: Lasmo, in the United Kingdom, is acquired for $4 billion.
During a restructuring of the Eni Group in 2003, the legal form of Agip Deutschland AG (a public limited company) was converted into a GmbH (limited liability company).
In 2004, the company announced its plan to put its entire Polimeri Europe petrochemicals business up for sale.
In 2005 the Blue Stream pipeline projected for gas supplying from southern Russia to Turkey is inaugurated as a joint venture between Eni and Gazprom.
The Exploration & Production division produces some 1.6 million barrels of oil equivalent (boe) per day and expects to top 1.8 million boe by 2006.
2006 was a decisive year when the first Agip multi-energy station, which now sold both liquefied and gas hydrogen, was opened in the Infraserv Höchst Industrial Park near Frankfurt am Main as part of the EU project "Zero Regio".
In 2007 Eni signs an agreement on South Stream feasibility study with Gazprom to import Russian gas to Europe across the Black Sea.
Activist asset manager Knight Vinke, which owns 1% of the outstanding shares of the company, in October 2009 has begun pressing Eni’s management to operate a spin off of Eni’s gas activities.
In 2010, the year of its 50th anniversary, the company was finally renamed Eni Deutschland GmbH as a statement of its strong identification with the Eni Group.
Since 2012 Eni has been selling off refining and marketing assets it owned in eastern Europe in order to increase profitability.
By 2013 Eni already reduced its refining capacity by 13 percent.
In May 2014 Eni agreed to sell their 32.5% share in Ceska Rafinerska AS (CRC), a refining company in Czech Republic, to MOL Group of Hungary.
In June 2014 the company signed an agreement with Sasol to acquire a 40% interest in a permit to explore 82,000-sq-km offshore of South Africa’s east coast.”
Rate ENI Service's efforts to communicate its history to employees.
ENI Service jobs
Do you work at ENI Service?
Is ENI Service's vision a big part of strategic planning?
ENI Service history FAQs
Zippia gives an in-depth look into the details of ENI Service, including salaries, political affiliations, employee data, and more, in order to inform job seekers about ENI Service. The employee data is based on information from people who have self-reported their past or current employments at ENI Service. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by ENI Service. The data presented on this page does not represent the view of ENI Service and its employees or that of Zippia.
ENI Service may also be known as or be related to ENI Service and Eni Service.