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E ENI Spa

31.58
-0.03 (-0.09%)
Last Updated: 15:35:43
Delayed by 15 minutes
Share Name Share Symbol Market Type
ENI Spa NYSE:E NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.03 -0.09% 31.58 31.73 31.53 31.71 26,814 15:35:43

Eni Makes New Oil-and-Gas Discovery Offshore Norway Through Var Energi

21/06/2021 9:35am

Dow Jones News


ENI (NYSE:E)
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From May 2021 to May 2024

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   By Giulia Petroni 
 

Eni SpA on Monday said that it has made a significant oil-and-gas discovery through its majority-owned business Var Energi in the southern North Sea offshore Norway.

The Italian major said the discovery was made in production license PL027, in which Norwegian energy company Var Energi holds a 90% stake.

"Preliminary estimates place the size of the discovery between 220 and 360 Mboe hydrocarbon in place," it said.

Eni holds a 69.85% stake in Var Energi, while HitecVision AS owns the remaining 30.15%.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

June 21, 2021 04:35 ET (08:35 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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