Eni nets two Norway licences
- Business & Finance
Eni Norge has been awarded two licenses as part of the APA 2014 – Awards in Pre-Defined Areas.
Following the award, Eni Norge is now operator in PL 806 in the Barents Sea, with a share of 40 per cent, while E.ON E&P, Edison International and Petoro are partners with 20 per cent respectively.
In PL 044 C in the North Sea, Eni Norge is partner with a 13.12 per cent share, with ConocoPhillips as operator with 41.88 per cent share, Statoil with 30 per cent and Total with 15 per cent.
Eni Norge says that these awards confirm the company’s long-term strategy on the Norwegian continental shelf and in the Barents Sea in particular.
The APA 2014 award was announced by the Ministry of Petroleum and Energy on January 20, 2015.