Outlook

Management’s forecasts for the Group’s 2017 production and sale metrics are disclosed in this section.

Goliat the Giant - The Start of Production

In an ice-free zone, off the coast of Norway, Eni begins production at Goliat: the first oil reservoir to enter production in the Barents Sea. Goliat has been developed using the world’s largest and most sophisticated cylindrical floating production and storage unit (FPSO), built with the most advanced technologies to address the technical challenges of operating in an Arctic environment.