Eni's Var Energi Gets 13 Licenses in Norway
January 18 2019 - 4:57AM
Dow Jones News
By Nathan Allen
Eni SpA (ENI.MI) said Friday that Norway's energy ministry has
granted 13 licenses to Var Energi AS, which is jointly owned by Eni
and HitecVision A/S (HITV.NO).
Eni, which holds a 69.6% stake in Var Energi, said the company
has been awarded four operatorships and nine partnerships covering
Norway's main oil-and-gas provinces in the North Sea, Norwegian Sea
and Barents Sea.
"The award of these exploration licenses represents a further
acknowledgement of our skills to operate in complex contests both
from a technical and an environmental stand point," Eni's Chief
Executive Claudio Descalzi said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
January 18, 2019 04:42 ET (09:42 GMT)
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