Eni Australia Limited (Eni) proposes to develop the Verus gas field within the Bonaparte Basin, in retention lease NT/RL7, approximately 330 km north-west of Darwin in Australian waters in the Timor Sea (Figure 1 below)

Project Update (February 2024)

Eni advises that the Verus Project is currently undergoing a review of alternative development concepts.
Eni will update this project page when the review has been completed.

Who is Eni?

Eni is an Italian integrated energy company with a presence in Australia and Timor-Leste since 2000, operating in 69 countries with over 30,000 employees. The Company's strategy aims to achieve net zero emissions by 2050 by providing various fully decarbonised products, combining environmental and financial sustainability, with a strong focus on technological leadership built on years of research and innovation. With its presence worldwide, Eni meets the energy sector's short- and long-term challenges.

In line with Eni's mission, inspired by the United Nations Sustainable Development Goals (SDGs), we concretely support a just energy transition to preserve our planet and promote efficient and sustainable access to energy for all. Our work is based on passion and innovation, on our unique strengths and skills, on the equal dignity of each person, recognizing diversity as a key value for human development, and on the responsibility, integrity and transparency of our actions. We believe in the value of long-term partnerships with the countries and communities where we operate, bringing long-lasting prosperity for all.

For more information on Eni, please go to: eni.com