Rank: 17 (Previous rank: 23)
CEO: Paolo Scaroni
Address: Piazzale E. Mattei 1
If there is one word to describe ENI’s recent deals, it would be “adventurous.” But for this under-the-radar Italian oil and gas giant, they could also prove to be big wins. It signed a production agreement with CNOOC, China’s largest offshore energy producer, which will essentially grant ENI access to nearly 2,000 square miles of deepwater block. Potentially even more lucrative: A partnership with Russia’s largest oil producer Rosneft will see the two companies explore offshore oil reserves in Russia’s Barents and Black Sea, an area estimated to contain a total of 36 billion barrels of oil equivalent (BOE). -- J.P.M.
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|Company||2011 Number of Employees|
|China National Petroleum||1,668,072|