"Lundin" News

Lundin takes on Zulu

Jan 20, 2015

Lundin Petroleum has started drilling exploration well 26/10-1 on the Zulu prospect in production license (PL) 674BS, 100km west of Stavanger in the North Sea. Zulu is about 30 km northeast of the Johan Sverdrup discovery. The main objective…

Bøyla ups Lundin production

Jan 19, 2015

First oil has been produced from the Det norske-operated Bøyla field in production license 340 in the Norwegian sector of the North Sea offshore Norway.  Bøyla, a subsea tie-back to the Alvheim floating production facility, is estimated…

Wood Mackenzie values Sverdrup field at US$11.2 billion

Feb 13, 2015

Statoil and field partners reached a final investment decision for the 2.35 billion bbl Johan Sverdrup oil field in the Norwegian North Sea. The field, discovered in 2010, is a major success story for Norway, and is the crowning achievement…

Brynhild finally on stream

Dec 29, 2014

First oil from the delayed Brynhild field in the Norwegian North Sea has finally been achieved, a year after it was first due on stream, says operator Lundin Petroleum. The field, which started production on Christmas Day, in production license 148…

Aibel snatches Johan Sverdrup contract

Feb 24, 2015

Statoil and its Johan Sverdrup partners awarded Aibel a US$1 billion contract for the engineering, procurement and construction for the deck of the drilling platform on the Johan Sverdrup field.  Johan Sverdrup field…

Lundin's 2015 budget falls 31%

Jan 07, 2015

Lundin Petroleum has announced a US$1.45 billion 2015 development, appraisal and exploration budget - representing a 31% drop compared to its forecast 2014 spending. Spending on development projects will drop about 30%, to $980 million…

Johan Sverdrup - a historic field

Feb 13, 2015

Johan Sverdrup was proven in two stages, but it was clear from the start that this was actually one gigantic oil discovery. Ranked by size, it is number five on the Norwegian ranking list. First out was Lundin, which in 2010 made a discovery they called Avaldsnes…

Dry hole on Kopervik for Lundin

Jan 06, 2015

Lundin Petroleum's exploration well 25/10-12S on the Kopervik prospect is being plugged and abandoned as a dry hole.  The well was drilled in production license 625, 175km west of Haugesund on the Norwegian west coast and about 20km northwest of the Johan Sverdrup discovery…

Johan Sverdrup plan submitted

Feb 13, 2015

Statoil and its partners have submitted their development plan for the largest oil field on the Norwegian Continental Shelf (NCS) since the 1980s – a project tipped to have “ripple effects” through the whole Norwegian economy for years to come…

Lundin begins Kitabu off Malaysia

Oct 27, 2014

Lundin Petroleum AB spudded the Kitabu-1 exploration well in Block SB307/308, offshore Sabah, Malaysia. The West Prospero. From Seadrill.   The Kitabu prospect is a stratigraphic trap…

Conversion work

Feb 04, 2015

Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…

Lundin receives OK for N. Sea well

Dec 18, 2014

Lundin, the operator of production license PL674, has been given consent to drill exploration well 26/10-1. PL674, which comprises blocks 26/10 and 17/1, is in the central North Sea, around 150km west of Stavanger. Exploration well 26/1-1…

43 companies net Norwegian stakes

Jan 20, 2015

Norway's Ministry of Petroleum has welcomed interest in its latest Awards in Pre-defined Areas licensing round, despite the expection that future discoveries in the area will be smaller than in the past.  Stakes in some 54 new production…

Aker lands latest Johan Sverdrup contract

Jan 21, 2015

Statoil has continued a contract award spree on its giant Norwegian North Sea Johan Sverdrup project, awarding Aker Solutions a US$590 million detailed engineering contract.  Johan Sverdrup, which sits in on the Utsira High, 140km west of Stavanger…

Ivar Aasen production drilling starts

Jan 22, 2015

Maersk Drilling's Maersk Interceptor harsh environment jackup drilling rig has started production well drilling on Det norske oljeselskap's Ivar Aasen development in the Norwegian sector of the North Sea. The drilling campaign will last…

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