ENI S.p.A. (E) Q2 2025 Earnings Call

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WEBVTT 00:00:00.200 -- 00:00:05.305 Good afternoon, ladies and gentlemen, and welcome to ENIS 2025 First Half 00:00:05.305 -- 00:00:10.349 Results Conference Call, hosted by Mr. Claudio Descalzi, Chief 00:00:10.349 -- 00:00:12.852 Executive Officer. 00:00:12.852 -- 00:00:16.955 For the duration of the call, you will be in listen-only mode. 00:00:16.955 -- 00:00:22.240 However, at the end of the call, you will have the opportunity to ask questions by pressing 00:00:22.240 -- 00:00:26.763 star and 1 on your telephone keypad. 00:00:26.965 -- 00:00:31.507 I am now handing you over to your host, to begin today's conference. 00:00:31.507 -- 00:00:33.250 Thank you. 00:00:33.250 -- 00:00:38.517 Thank you. Good afternoon and welcome to our Q2 2025 00:00:38.517 -- 00:00:41.038 result presentation. 00:00:41.161 -- 00:00:46.188 I'm pleased to say that the strong and consistent pace of strategic progress we have 00:00:46.188 -- 00:00:52.254 set in transforming Haney has continued through the first half of 2025. 00:00:52.777 -- 00:00:58.520 Our speed of action is enabled by the clarity of our strategic intent. 00:00:58.520 -- 00:01:01.985 that can be summarized as, 00:01:01.985 -- 00:01:07.052 in upstream, delivering efficient competitive growth and improving the 00:01:07.052 -- 00:01:09.295 return of our portfolio, 00:01:09.295 -- 00:01:13.201 most notably through exploration success, 00:01:13.201 -- 00:01:19.447 active portfolio management, and organic production startups and ramp-ups. 00:01:19.791 -- 00:01:24.898 Integrating our equity gas production into LNG chain 00:01:24.898 -- 00:01:29.994 to maximize value, In particular, ENI is the leader in floating 00:01:29.994 -- 00:01:35.081 LNG, which provides an opportunity to unlock large amounts of 00:01:35.081 -- 00:01:40.128 res...