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Rank: 17 (Previous rank: 23)
CEO: Paolo Scaroni Employees: 78,686 Address: Piazzale E. Mattei 1 Rome, 144 Country: Italy Website: www.eni.com 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. Subscribe to Fortune Magazine |
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Interactive: Where the money is
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| Company | 2011 Number of Employees |
|---|---|
| Wal-Mart Stores | 2,200,000 |
| China National Petroleum | 1,668,072 |
| State Grid | 1,583,000 |
| Company | 2011 Profits ($ millions) |
|---|---|
| Gazprom | $44,459.6 |
| Exxon Mobil | $41,060 |
| Industrial & Commercial Bank of China | $32,214.1 |
