This type is described in RIC VII as emperor on eagle, but RIC VI calls it Jupiter on eagle. I think it is most likely Jupiter, though I use the RIC VII description below.
It was issued from Arles and Trier. It was first struck as a billon issue in A.D. 313 and struck again in A.D. 318 as a silvered follis.
http://www.constantinethegreatcoins.com/billon/
(https://www.lateromanbronzecoinforum.com/proxy.php?request=http%3A%2F%2Fwww.constantinethegreatcoins.com%2FRulers%2FLicinius_I%2FIOVI_Trier211.jpg&hash=f3f86208e577bda83c0fb7679f3acedeb118a3a9)
Licinius I
A.D. 319
17x18mm 3.1gm
IMP LICI-NIVS AVG; laureate, draped, cuirassed, mappa in raised right hand, sceptre across left shoulder.
IOVI CONSERVATORI AVG; eagle standing on wave line, left wing pointing downward, carrying Emperor, standing left, thunderbolt in right hand, sceptre across left shoulder.
In ex. STR
RIC VII Trier 211
(https://www.lateromanbronzecoinforum.com/proxy.php?request=http%3A%2F%2Fwww.constantinethegreatcoins.com%2FRulers%2FLicinius_I%2FIOVI_Arles197.jpg&hash=dad809656ebb7ec6f2b4b9d1e3ba0660388d6b35)
Licinius I
A.D. 319
17mm 2.8gm
IMP LICINIVS P F AVG; Laureate and cuirassed bust right.
IOVI CONSERVATORI AVG; Emperor borne by eagle standing right, left wing pointing downward, looking back; Emperor holds scepter in left hand and thunderbolt in right.
In ex. TARL
RIC VII Arles 197