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Investments (Tables)
 12 Months Ended
Dec. 31, 2018
Disclosure Of Investments [Abstract]  
Disclosure of investments accounted for using equity method [text block]
Equity-accounted investments
 
 
 
2018
 
2017
(€ million)
 
Investments
in unconsolidated
entities
controlled
by Eni
 
Joint
ventures
 
Associates
 
Total
 
Investments
in unconsolidated
entities
controlled
by Eni
 
Joint
ventures
 
Associates
 
Total
Carrying
amount – beginning of the year
 
 
116
 
 
 
2,332
 
 
 
1,063
 
 
 
3,511
 
 
 
168
 
 
 
2,675
 
 
 
1,197
 
 
 
4,040
 
Changes in accounting policies 
(IFRS 9 and 15)
 
 
 
 
 
 
(34
)
 
 
(3
)
 
 
(37
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Carrying
amount restated – beginning of the year
 
 
116
 
 
 
2,298
 
 
 
1,060
 
 
 
3,474
 
 
 
168
 
 
 
2,675
 
 
 
1,197
 
 
 
4,040
 
Additions and subscriptions
 
 
 
 
 
 
28
 
 
 
92
 
 
 
120
 
 
 
 
 
 
 
63
 
 
 
444
 
 
 
507
 
Divestments and reimbursements
 
 
(33
)
 
 
(3
) 
 
 
(115
)
 
 
(151
) 
 
 
 
 
 
 
 
 
 
 
(462
)
 
 
(462
)
Share of profit of equity-accounted investments
 
 
8 
 
 
16 
 
 
385 
 
 
409 
 
 
9
 
 
 
49
 
 
 
66
 
 
 
124
 
Share of loss of equity-accounted investments
 
 
(5
)
 
 
(415
)
 
 
(10
)
 
 
(430
)
 
 
(7
)
 
 
(340
)
 
 
(6
)
 
 
(353
)
Deduction for dividends
 
 
(6
)
 
 
(19
)
 
 
(25
)
 
 
(50
)
 
 
(32
)
 
 
(41
)
 
 
(13
)
 
 
(86
)
Changes in the scope of consolidation
 
 
  
 
 
3,448
 
 
 
 
 
 
 
3,448
 
 
 
2
 
 
 
 
 
 
 
 
 
 
 
2
 
Currency translation differences
 
 
2 
 
 
25 
 
 
54 
 
 
81 
 
 
(13
)
 
 
(127
)
 
 
(128
)
 
 
(268
)
Other changes
 
 
13 
 
 
119 
 
 
11 
 
 
143 
 
 
(11
)
 
 
53
 
 
 
(35
)
 
 
7
 
Carrying
amount – end of the year
 
 
95
 
 
 
5,497
 
 
 
1,452
 
 
 
7,044
 
 
 
116
 
 
 
2,332
 
 
 
1,063
 
 
 
3,511
 
Disclosure of detailed information about entity wise equity-accounted investments [text block]
Net carrying amount of equity-accounted investments in related to the following:
 
 
 
 
December 31, 2018
 
 
December 31, 2017
 
(€ million)
 
Net carrying
amount
 
 
% of the
investment
 
 
Net carrying
amount
 
 
% of the
investment
 
Investments in unconsolidated entities controlled by Eni
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Eni BTC Ltd
 
 
31
 
 
 
100.00
 
 
 
63
 
 
 
100.00
 
Other investments (*)
 
 
64
 
 
 
 
 
 
 
53
 
 
 
 
 
 
 
 
95
 
 
 
 
 
 
 
116
 
 
 
 
 
Joint ventures
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Vår Energi AS
 
 
3,498
 
 
 
69.60
 
 
 
 
 
 
 
 
 
Saipem SpA
 
 
1,228
 
 
 
30.99
 
 
 
1,413
 
 
 
31.00
 
Unión Fenosa Gas SA
 
 
335
 
 
 
50.00
 
 
 
350
 
 
 
50.00
 
Gas Distribution Company of Thessaloniki – Thessaly SA
 
 
137
 
 
 
49.00
 
 
 
137
 
 
 
49.00
 
Cardón IV SA
 
 
98
 
 
 
50.00
 
 
 
 
 
 
 
 
 
Lotte Versalis Elastomers Co Ltd
 
 
75
 
 
 
50.00
 
 
 
114
 
 
 
50.00
 
PetroJunín SA
 
 
47
 
 
 
40.00
 
 
 
210
 
 
 
40.00
 
AET – Raffineriebeteiligungsgesellschaft mbH
 
 
32
 
 
 
33.33
 
 
 
32
 
 
 
33.33
 
Other investments (*)
 
 
47
 
 
 
 
 
 
 
76
 
 
 
 
 
 
 
 
5,497
 
 
 
 
 
 
 
2,332
 
 
 
 
 
Associates
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Angola LNG Ltd
 
 
1,106
 
 
 
13.60
 
 
 
802
 
 
 
13.60
 
Coral FLNG SA
 
 
102
 
 
 
25.00
 
 
 
54
 
 
 
25.00
 
Novamont SpA
 
 
67
 
 
 
25.00
 
 
 
71
 
 
 
25.00
 
United Gas Derivatives Co
 
 
62
 
 
 
33.33
 
 
 
82
 
 
 
33.33
 
Commonwealth Fusion Systems Llc
 
 
42
 
 
 
 33.72
 
 
 
 
 
 
 
 
 
Other investments (*)
 
 
73
 
 
 
 
 
 
 
54
 
 
 
 
 
 
 
 
1,452
 
 
 
 
 
 
 
1,063
 
 
 
 
 
 
 
 
7,044
 
 
 
 
 
 
 
3,511
 
 
 
 
 
 
Disclosure of detailed information about the market value of the investments listed in stock markets [text block]
As of
December 31, 2018
, the market value of the investments listed in regulated stock markets was as follows:
 
 
 
 
 
 
Saipem SpA
Number of shares held
 
 
 
 
 
 
308,767,968
 
% of the investment
 
 
 
 
 
 
30.99
 
Share price (€)
 
 
 
 
 
 
3.265
 
Market value (€ million)
 
 
 
 
 
 
1,008
 
Book value (€ million)
 
 
 
 
 
 
1,228
 
Disclosure of investments other than investments accounted for using equity method [text block]
Other investments
(€ million)
 
2018
 
2017
Carrying amount – beginning of the year
 
 
219
 
 
 
276
 
Changes in accounting policies (IFRS 9)
 
 
681
 
 
 
 
 
Carrying amount restated – beginning of the year
 
 
900
 
 
 
276
 
Additions and subscriptions
 
 
5
 
 
 
3
 
Change in the fair value
 
 
15
 
 
 
 
 
Divestments and reimbursements
 
 
(22
)
 
 
(19
)
Currency translation differences
 
 
31
 
 
 
(23
)
Other changes
 
 
(10
)
 
 
(18
)
Carrying amount – end of the year
 
 
919
 
 
 
219