CLAUDIO DESCALZI
UTILITIES
HEADQUARTERS: ROME, ITALY NUMBER OF EMPLOYEES: 32,500 MARKET CAP: US $ 69.79BN NUMBER OF COUNTRIES: 62
CLAUDIO DESCALZI
TITLE: CEO COMPANY: ENI INDUSTRY: ENERGY LOCATION: ROME, ITALY
Claudio is the CEO of Eni, Italy’ s largest energy company, having held the position since May 2014.
Among these is the Aphrodite field, which has been left undeveloped since 2011 despite the fact it is estimated to hold more than four trillion cubic feet of natural gas. The others, Calypso, Glaucus, Zeus and Pegasus, were all also discovered several years ago and are believed to hold similar amounts of gas.
Why has it taken Cyprus so long to develop its gas resources? If Cyprus is sitting on such a goldmine, why has it taken so long for developers to start drilling? There are a few answers to this question. Part of the delay comes down to geology. A lot of
74 October 2026