"Lundin" News

UTC: The Race to the Lowest Emission Barrel

Jun 16, 2021

Operators have called for greater certification and ‘provenance’ of oil and gas production and encourage competition when it comes to lowest emission barrels as they position their businesses to align with the energy transition.Speaking at the…

Lundin Gets Drilling Permit for North Sea Appraisal Well

May 21, 2021

Swedish oil firm Lundin Energy has secured a drilling permit from the Norwegian Petroleum Directorate for an appraisal well in the North Sea, offshore Norway.Lundin will drill the well 16/1-34 S in the production license 167 using the Deepsea Stavanger semi-submersible drilling rig…

UTC: Norwegian Activity – and Focus on Emissions – Increasing

Jun 16, 2021

Activity on the Norwegian Continental Shelf (NCS) is going to be high in the next few years, but views on the longer-term outlook differ as the balancing act over demand for energy and a need to reduce emissions – at an ever greater pace – is played out…

Seven Oil Firms Offered Offshore Acreage in Norway's 25th Licensing Round

Jun 23, 2021

Norway has awarded four exploration licenses to seven oil companies that include three for the Barents Sea in the Arctic in a sign that the country aims to continue to pump hydrocarbons for decades to come.The awards were part of Norway's so…

Greener Oil or Green Industry? Gridlock Puts Norway in a Bind

Jun 23, 2021

Norway’s oil and gas industry is counting on renewable power from hydro plants to cut emissions from its offshore platforms but rival demand from the green economy is putting a spanner in the works.The decision to keep investing in new oil and…

When is a Cargo of Oil Certified "Carbon Neutral"? Ask Lundin Energy

Apr 26, 2021

Sweden's Lundin Energy has sold to Italian refiner Saras what it said is the world's first oil cargo certified as carbon neutral at the point of production, the two companies said on Monday.Oil companies are increasingly trying to market their…

Aker Solutions Delivers Another Jacket for Johan Sverdrup Offshore Field

Jun 08, 2021

Norway's Aker Solutions has delivered a steel substructure for the second phase of the giant, Equinor-operated, Johan Sverdrup oil field development, offshore Norway.After delivering three platform jackets for the first phase, another jacket delivery…

Neodrill to Provide Lundin with CAN-ductors for Offshore Wells in Norway

May 04, 2021

Norway-based Neodrill, a company offering its Conductor Anchor Node technology for the offshore oil and gas industry, has signed a frame agreement with oil and gas operator Lundin Energy for the deployment of its CAN-ductor technology on Lundin's Norwegian offshore oil fields…

Equinor Drills Duster Near Wisting Discovery in Barents Sea

Jun 03, 2021

Norwegian oil and gas firm Equinor has drilled a dry exploration well near the Wisting discovery in the Barents Sea, offshore Norway.According to the Norwegian Petroleum Directorate, the exploration target of the well was to prove petroleum…

Johan Sverdrup Oilfield to Boost Output in May

Apr 29, 2021

Western Europe's largest oilfield, Johan Sverdrup, will ramp up its production in early May, sooner than previously expected, Swedish independent oil firm Lundin Energy said on Thursday.'Phase 1 production capacity is about to step-up to 535…

Norway: MOL Gets Nod to Drill Iving Appraisal Well

May 06, 2021

Oil company MOL Norge AS, a Norwegian subsidiary of Hungarian MOL, has received a drilling permit for an appraisal well in the North Sea, offshore Norway.MOL will use the Transocean Barents semi-submersible drilling rig to drill the well formally named Well 25/8-21 S…

Clean Crude? Oil Companies use Offsets to Claim Green Barrels

Apr 16, 2021

In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.While the two-million-barrel cargo to India was destined to produce more…

GlobalData: 35% of Equinor's Total Oil and Gas Output Base to be Powered from Shore

Apr 22, 2021

Norwegian oil and gas firm Equinor is on track to have over 35% of its total oil and gas production base by 2025 powered from shore, GlobalData, a data and analytics company said Thursday, citing Equinor's active and upcoming electrification projects across the Norwegian Continental Shelf…

Lundin Makes Minor Oil Find Off Norway. Eyes Tie-in to Solveig Field

Mar 26, 2021

Swedish oil company Lundin Energy has made a minor oil discovery in the North Sea, offshore Norway.The Norwegian Petroleum Director said Friday that Lundin's Norwegian subsidiary Lundin Energy Norge had completed the drilling of the wildcat well 16/4-13 S…

Ancala Midstream to Process Gas from Lundin's Norwegian Fields

Mar 08, 2021

Ancala Midstream has secured a life-of-field contract to transport and process gas from the Lundin Energy-operated Solveig field located in the Norwegian sector of the North Sea.The first gas from the field is expected in Q3 2021 and will be…

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