Eni SpA (E),
Italy
's
biggest energy company by market value, said Wednesday it was awarded a new
exploration license in the
Barents Sea
by
Norway
, as
it seeks to expand in the hydrocarbon-rich region.
In a statement, Eni said the license awarded is the PL657. The Italian oil
company will hold an 80% stake, while Norwegian state owned
Petoro
AS
has
the remaining 20%. The license is located just east of the Goliat field, it
added.
Eni's current daily output in
Norway
is
about 135,000 barrels of oil equivalent. The Italian company has been present in Norway since
1965.