ENI

Dry Well In The Barents Sea For Eni

The Norwegian Barents Sea has always been of strong interest for international oil companies, but in recent months, exploration activity has amplified in this area. However, Eni Norge AS, a subsidiary of the Italian oil giant Eni SpA (ADR) (NYSE:E) (BIT:ENI), ran into some disappointment recently when the first well in one of the new areas it was venturing into ended up dry.

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