The company is getting 20% of the Aurelialicence currently operated by Eni, E.ON said on Tuesday.

E.ON is assuming the stake from Eni, the latter understood to be holding on to 80%.

There are currently no drilling plans made for the licence with such plans and any targets to be the focus of a forthcoming work programme.

The latest Barents Sea tract follows theaward in Norway’s 22 licensing round to E.ON