BAKU, Azerbaijan, April 25. Eni, the multinational energy company, has announced its full-year hydrocarbon production forecast, confirming it within a range of 1.69 to 1.71 million barrels of oil equivalent per day (boe/d), Trend reports.
This confirmation comes amid a revised Brent price of $86 per barrel.
At the same time, the company's exploration and production sector remains robust, with steady production levels expected throughout the year.
Additionally, Eni's global gas and LNG portfolio segment is showing resilience, with a pro forma adjusted Earnings Before Interest and Taxes (EBIT) of 0.8 billion euros confirmed for the full year.
Meanwhile, under the revised scenario, the group anticipates pro forma adjusted EBIT and CFFO before working capital to surpass 14 billion euros.
Moreover, the company has reaffirmed its commitment to strategic investments, with Organic Capital Expenditure (Capex) projected at approximately 9 billion euros for the full year, in line with previous plans.
Eni's disposition plan also remains on track, with expected developments contributing to the financial landscape. Net capex, accounting for proceeds from disposals, is confirmed within a range of 7 to 8 billion euros.