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 explorer Lundin Petroleum will book a net exploration cost of $66 million in the first quarter of this year, it said on Tuesday. "During the Period, Lundin Petroleum completed two exploration wells in Norway and two exploration wells…
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…
The Norwegian parliament's energy committee has agreed the electrification of oil platforms on the Utsira High in the North Sea with power from land must be completed by 2022, Norwegian lawmakers said on Wednesday. The decision means that the $20 billion development of the Johan Sverdrup oilfield…
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.
Norwegian oil explorer Det norske made a small oil discovery in the Arctic Barents Sea with a gross oil column of about 30 metres and much poorer reservoir quality than expected, the Norwegian Petroleum Directorate said on Monday. Det norske…