By Giulia Petroni
Eni SpA said Tuesday that oil-and-gas company Var Energi has won 10 exploration licenses from the Ministry of Petroleum and Energy of Norway.
The Italian energy giant said the licenses consist of five operatorships--the right to operate a well or field--and five partnerships, distributed across the North Sea, the Norwegian Sea and the Barents Sea.
Var Energi is jointly owned by Eni and private-equity firm HitecVision AS. Eni has a 69.85% stake in the company.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
01-19-21 0630ET