1988 – Toasting with vodka.Back to the timeline
15 December – Raoul Gardini, Chairman of Montedison, and Franco Reviglio, Chairman of Eni, signed an agreement to set up Enimont, aimed at integrating the chemical operations of the two groups.
15 December - Eni signed an agreement with the Soviet Union, which also involved Montedison, Occidental Petroleum and Marubeni, for marketing petrochemical products.
Eni signed a collaboration agreement with the government of Zambia for reorganising mining exploration and exploitation operations in the country.
In Basilicata, in Val d’Agri, high-quality oil was discovered by Petrex, an affiliated company.
Agip Plas was set up to operate in the refining sector, which includes Stanic of Livorno.
Natural gas production is re-started at the Caviaga deposit thanks to the installation of a compression unit.
Italcompositi was set up as a jointly-owned company with the Agusta group to operate in the advanced materials for the aerospace, energy and high-quality transportation sectors.