Versalis, Eni’s chemical company, announces that, as of 1 July 2025, it will transfer its Oilfield Chemicals business unit into the newly established company Versalis Oilfield Solutions S.r.l.

The operation aims to consolidate Versalis’ position in the oilfield services sector by bringing together key expertise and strategic activities in a single, focused and operationally efficient entity. Versalis’ oilfield operations encompass research and development of advanced chemical formulations, outsourcing their production and marketing solvents and additives designed for the oil drilling industry. Products are tailored to meet specific client requirements, while services include sales and after-sales support, ensuring continuous and qualified technical assistance.

Launched in 2010, the Oilfield Chemicals business has experienced steady growth in volumes and sales, evolving into a high-value-added sector. To further expand its scope of activities in terms of products and services, achieve higher revenue targets, and maintain strong profitability, a new company has been established with Versalis Oilfield Solutions S.r.l.

The transfer of the business division will enable the focus of operations within a streamlined organisation and ensure more efficient management, diversification of the client portfolio, and pursuit of new business opportunities in a continuously evolving sector. The new entity will benefit from enhanced operational synergy and a dedicated organisational structure designed to accelerate growth and optimise both the commercial and technological effectiveness of its portfolio.

As of today, Versalis Oilfield Solutions S.r.l. is fully operational, with activities spanning key markets including Europe, North and South America (USA, Mexico, Venezuela), Africa (Congo, Côte d’Ivoire, Ghana, Mozambique, Angola), and Asia (China, Turkmenistan). The company ensures global coverage and delivers advanced technical support to its clients.

The new company is establishing itself as a strategic player in the oilfield chemicals sector, aiming to strengthen its portfolio of advanced solutions, respond to the challenges of the energy transition, and meet the growing demands of the oil industry, focusing on improving sustainability, competitiveness and operational efficiency across the entire production cycle.

About Eni

Eni (NYSE: E) is an integrated energy company employing more than 34.000 people in 69 countries in the world. Eni engages in oil and natural gas exploration, field development and production, as well as in the supply, trading and shipping of natural gas, LNG, electricity and fuels. Through refineries and chemical plants, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants and chemical products that are supplied to wholesalers or through retail networks or distributors.