"Lundin" News

Video: Aibel completes Sverdrup assembly

Sep 07, 2017

Aibel lifted the final three modules into place for the Johan Sverdrup drilling platform earlier this week. The platform arrived in Haugesund on 5 September, where the facility will remain for hook-up and preparation work, until it is handed over to Statoil in mid-2018…

OE17: DNV GL launches cyber security RP

Sep 06, 2017

DNV GL has launched a new recommended practise (RP) focusing on cyber security as the increasing digitalization of the industry poses the threat of it becoming more vulnerable, at SPE Offshore Europe.  DNV GL says almost 68% of oil and…

Norway's APA 2017 gets record interest

Sep 06, 2017

The Norwegian Ministry of Petroleum and Energy received a record response for the Awards in Predefined Areas (APA) 2017 round, with a total of 39 companies submitting applications for new acreage on the Norwegian Continental Shelf (NCS). Map…

Barents Sea Korpfjell disappoints

Aug 29, 2017

Statoil has said it has made a small, but non-commercial gas discovery in its much anticipated Korpfjell well in the Barents Sea. The well is the first exploration well drilled in the Norwegian section of a formerly disputed area between Norway and Russia…

Barents spotlight

Sep 01, 2017

The Snøhvit gas field produces back to the Hammerfest LNG plant at Melkøya.  Photo from Statoil/ Harald Pettersen. With a new phase in Barents Sea developments on the way, plus strong drilling activity…

NPD greenlights Lundin Barents well

Jun 29, 2017

The Norwegian Petroleum Directorate (NPD) has granted Lundin Petroleum subsidiary Lundin Norway AS a drilling permit to drill a wildcat well in the Barents Sea. The company will drill well 7220/6-3 in Production License 609 using the Leiv Eiriksson semisubmersible…

Lundin Norway hires COSLInnovator

Jul 11, 2017

COSL Drilling Europe has been able to rescue to of its rigs from warm stacking this month. The company announced a new contract from Lundin Norway for the use of the COSLInnovator to drill one well, with the addition of an option of eight wells…

Alta well proves wider reservoir qualities

Jul 13, 2017

Lundin Petroleum's latest well on the Alta field in the southern Barents Sea has confirmed reservoir communication and qualities.   Lundin is now planning a sidetrack well, which will help to plan for the drilling of a horizontal well for use as in an extended well test…

Statoil makes non-commercial Barents discovery

Aug 07, 2017

Statoil and partners OMV and Petoro have made a non-commercial gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well found a small amount of oil.   The well was drilled in license PL 855…

Lundin to drill Barents probe

Jun 28, 2017

Lundin Petroleum has received permission from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well in the Barents Sea using the semisubmersible Leiv Eiriksson. The company will start drilling next month at Block 7220/6…

Statoil gains Barents wildcat permit

Jul 31, 2017

The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for wildcat well 7435/12-1 in the Barents Sea. Map of 7435/12-1, from NPD. Well 7435/12-1 in production…

North Energy quits NCS efforts

Jul 07, 2017

North Energy has decided to divest the last of its Norwegian Continental Shelf (NCS) assets in order to recover from offshore tax losses amid low activity levels in the area, and the drop in oil prices. Map of PL 805…

Northern Lights

Jun 01, 2017

Lundin believes the future is in the north. Elaine Maslin reports on the firm’s plans for the Alta Gohta development. An artist’s impression: Alta Gohta. Image from Lundin. Norway’s far north…

Lundin buys Statoil's IPC stake

May 25, 2017

Statoil has sold its stake in International Petroleum Corp. (IPC) to Lundin Petroleum in a US$90.2 million deal. Lundin Petroleum BV (LPBV), IPC’s wholly-owned subsidiary, purchased 25.5 million shares of IPC, in addition to 22.8 million shares that belonged to Statoil…

Gohta reserves to be reduced after appraisal well

May 03, 2017

Lundin Petroleum's latest appraisal well on the Gohta field, in the Barents Sea, has had disappointing results, resulting in a downgrade in the field's resource estimate. Appraisal well 7120/1-5, in PL492, was 4km north of the original…

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