"Lundin" News

Lundin completes Torvastad exploration well

Nov 19, 2013

Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS, has completed exploration well 16/2-20S, located north of the Johan Sverdrup discovery in PL501, in the North Sea sector of the Norwegian Continental Shelf. A sidetrack well will now be drilled…

Lundin appoints new Malaysia GM

Nov 01, 2013

Lundin Petroleum AB appointed Paul Atkinson as general manager for Malaysia and managing director for Lundin Petroleum's southeast Asia business. Atkinson is joining Lundin Petroleum from Talisman Energy, where he has held various senior managerial positions since 2001…

Maersk secures jackup contract in Norway

Dec 20, 2013

Maersk Drilling has signed a contract with Premier Oil Norge AS for the jackup Maersk Guardian for a one well drilling operation, the Myrhauk exploration well, in the Norwegian North Sea. The duration of the contract is approximately 62 days…

Aker wins Johan Sverdrup FEED

Dec 20, 2013

Statoil awarded Aker Solutions a 10-year framework contract worth approximately US$105.8 million (NOK 650 million) for the North Sea Johan Sverdrup field. The first call-off is the front-end engineering design (FEED) work of the field center…

Petronas awards integrated contracts

Dec 13, 2013

Petroliam Nasional Berhad (PETRONAS) has announced a new gas discovery offshore Malaysia and the award of a three year integrated offshore installation contract. Operator on Block SK320, Mubadala Petroleum, discovered gas in the Sintok-1 well…

Norway collaborates on Barents seismic

Dec 10, 2013

A group comprised of 17 oil and gas companies, led by Statoil, has established a project for joint seismic acquisition in the southeastern Barents Sea.  At the request of the Norwegian Ministry of Petroleum and Energy (MPE), the industry…

Untested opportunities

Dec 04, 2013

E&P majors BP and Statoil presented their views on future exploration prospects in the Arctic. Meg Chesshyre reports. Representatives from BP and Statoil discussed both the challenges associated with and future plans for developing Arctic…

Johan Sverdrup appraisal success

Nov 07, 2013

The latest appraisal well on the giant Johan Sverdrup field in the Norwegian North Sea found a deeper reservoir thickness than expected, said operator Lundin Petroleum AB (Lundin Petroleum). Appraisal well 16/3-7, located in the south-eastern part of PL501…

Lundin plugs disappointing Sverdrup appraisal

Oct 14, 2013

Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announced the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea…

Petronas greenlights Lundin's Bertam field development plan

Oct 10, 2013

Lundin Petroleum subsidiary Lundin Malaysia won the approval of its Bertam field development plan from Malaysia's Petronas. The Bertam field marked Lundin’s first development project in the country. Bertam, located about 100 mi offshore Peninsular Malaysia in PM 307…

Global Briefs: November 2013

Nov 07, 2013

Transboundary may head to committee The US Senate bill ratifying the US-Mexico Transboundary Hydrocarbon Agreement, S. 812, is reportedly on its way to a conference committee. The Senate’s version of the bill, passed last month (October)…

Lundin abandons Sverdrup wildcat

Oct 15, 2013

Lundin Petroleum, through its wholly-owned subsidiary Lundin Norway, posts the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea. The exploration well 6608/2-1S…

Lundin, Rosneft sign heads of agreement for Lagansky block

Oct 02, 2013

Lundin Petroleum AB and its partner Gunvor Group signed a heads of agreement with Rosneft Oil Company to jointly sell 51% of PetroResurs LLC. PetroResurs, the Russian subsidiary of Lundin, is the 100% owner of the Lagansky block license…

OMV ups Faroes stakes

Nov 04, 2013

Statoil has agreed to farm down its interest in five exploration licences in the Faroe Islands and two in Norway to the Austrian oil and gas company OMV. The agreement is a result of a broader agreement with OMV, announced in August, to look for cooperation in exploration opportunities…

Lundin hits big in Ghota

Oct 02, 2013

Lundin Norway AS confirmed a significant oil find in its Ghota discovery following the completion of a successful flow test of exploration well 7120/1-3, which proved gas flow at a rate of approximately 4,300 b/d. The test showed good production…

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