Lundin Energy announces resource increase
Lundin Energy’s 2P reserves as at 31 December 2020 are 670.9 MMboe and reflect a positive revision of 39.3 MMboe. The 3P reserves as at 31 December 2020 are 826.0…
Lundin
Further capacity increase at Johan Sverdrup
When Phase 2 starts up in the fourth quarter of 2022, the full field plateau production is increased to 720 Mbopd. Following the successful increase of the Johan Sverdrup Phase…
Dry well for Lundin in Barents Sea
Lundin Energy AB announced that it has completed exploration well 7221/4-1, targeting the Polmak prospect in licences PL609 and PL1027, in the southern Barents Sea. The well was dry. The…
Lundin getting closer to finalising Polmak well
Lundin has this month embarked on a high impact drilling campaign, using the brand new drilling rig West Bollsta. The first prospect that is currently being targeted by well 7221/4-1,…
Lundin acquires Barents Sea portfolio from Idemitsu Petroleum Norge
The transaction gives Lundin Energy a 10 percent working interest in the major Wisting oil discovery (licences PL537 and PL537B) with estimated gross resources of 500 million barrels of oil…
Edvard Grieg reserves increased by 50 million barrels of oil
Lundin Energy announced that due to the continued outperformance of the Edvard Grieg field, the gross proved plus probable (2P) reserves have been increased by approximately 50 million barrels of…
Nick Walker appointed as President and CEO of Lundin Energy
Lundin Energy Announces Nick Walker appointed as President and CEO of Lundin Energy effective 1 January 2021
Lundin amongst three finalists for 2020 IOR award
With the licensees on the Grane field and researcher Geir Evensen shortlisted too, there’s fierce competition.
Lundin reports positive figures for first half 2020 despite global challenges
The resilience Lundin Energy has shown in the face of the sharpest downturn in the history of the oil industry is a testament to the quality of the asset base.
Name change for Lundin
In the Annual General Meeting in Stockholm on March 31, a name change from Lundin Petroleum AB to Lundin Energy AB was approved, signaling that Lundin might be following the…
Aker BP slashes Barents Sea exploration in 2020
Aker BP announced that in response to the high uncertainty caused by the COVID-19 crisis, the company has decided to cut its investment program and financial framework for 2020. This…
NCS: Oil and gas discovery in Mol Norge’s Evra/Iving well
The 25/8-19 S & A (Evra/Iving) wells proved oil and gas for operator Mol Norge and partners Lundin, Wintershall DEA and Pandion in PL 820 S. According to the Norwegian…