Floating and Production Storage Systems: Operational:
274
On Order:
42
Planned:
152
Available:
12
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.
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 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…
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…
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…
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.
