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Lundin Petroleum achieves first oil from Edvard Grieg

Edvard Grieg achieves first oil
Edvard Grieg achieves first oil

Lundin Petroleum AB has confirmed first oil from the Edvard Grieg field in the Norwegian North Sea.

The move is transformational for Lundin’s output.

Alex Schneiter, chief executive of Lundin Petroleum, said: “I am extremely proud that we have delivered first oil from Edvard Grieg on schedule and on budget. This is a remarkable achievement by our Norwegian project team, our contractors and subcontractors that was made possible by the excellent support received from our partners and the government in Norway.

“I am particularly thankful to and proud of the people who discovered, executed the development of and are now operating the Edvard Grieg field in an exemplary way.”

The Edvard Grieg field is part of PL338 on the Utsira High in the North Sea, about 180 km west of Stavanger. The field was discovered in 2007 with Lundin Petroleum’s first operated exploration well in Norway.

Kristin Færøvik, managing director of Lundin Norway, added: “First oil from Edvard Grieg is a very proud moment for us all. The project execution capabilities proven by this delivery, coupled with the ingenuity of our exploration team, provide a hugely exciting platform for further growth in Norway.”

It is thought to contain gross 2P reserves of 187 million barrels of oil equivalents.

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