Eni has been awarded two exploration licenses in the Barents sea and in the North Sea by the Norwegian Ministry of Petroleum and Energy as part of the Norwegian Award in Pre-Defined Areas (APA) 2014. With these awards, Eni confirms its long-term strategy on the Norwegian Continental Shelf, in particular in the Barents Sea.
Continued investment in the Norwegian Continental Shelf
Following the award, Eni is now operator of the area PL 806, in the Barents Sea, with a 40% stake, while E.ON E&P, Edison International and Petoro are partners with 20% respectively.
In the North Sea’s area PL 044 C Eni is partner with a 13.12% stake, ConocoPhillips as operator with 41.88% stake, Statoil with 30% and Total with 15%.
With these awards, Eni confirms its long-term strategy on the Norwegian continental shelf, in particular in the Barents Sea.
Eni has been present in Norway since 1965 and is currently producing about 112 000 boe/d through its subsidiary Eni Norge.
Adapted from press release by Cecilia Rehn
Read the article online at: https://www.oilfieldtechnology.com/exploration/22012015/eni-awarded-two-exploration-licenses-on-the-norwegian-continental-shelf/