By Mauro Orru

Eni SpA said Tuesday that it has been awarded a new production licence located about 250 kilometers offshore U.K. in the North Sea.

The Italian energy giant said Eni UK will act as operator with a 100% participating interest under the licence, which has an initial exploration term of six years.

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

(END) Dow Jones Newswires

January 26, 2021 07:44 ET (12:44 GMT)

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