Lundin Petroleum has exploration and production assets focused upon two core areas, Norway and South East Asia, as well as assets in France, Netherlands and Russia.
Lundin Petroleum maintains an exploration focus seeking to generate shareholder value through exploration success and also has the resources to take exploration successes through to the production phase.
Swedish oil firm Lundin Petroleum has found oil while drilling an appraisal well at its Edvard Grieg find in the North Sea, the Norwegian Petroleum Directorate said on Monday. Lundin Petroleum is the operator of Edvard Grieg and has a stake of 50 percent.
The electrification of Norwegian oil platforms in an area of the North Sea with power from the shore must be completed by 2022, the country's parliament said on Wednesday, settling a dispute that had threatened a $20 billion Statoil project.
Norway's parliament will try to force oil rigs in a large area of the North Sea to use electricity delivered from onshore, an environmentally friendly move but one that could push up costs and delay projects. A majority of parliamentary parties…
Norwegian oil firm Det norske has lifted the resource estimate for the Ivar Aaasen field in the North Sea after signing an agreement to combine several adjunct licenses and good drilling results, it said on Monday. The firm said the combined…
Swedish oil firm Lundin Petroleum has confirmed the size of a significant oil discovery in the Arctic, the company said on Monday after completing a second well. The Gohta discovery in the Norwegian section of the Barents Sea is now estimated…