Rig owner accused of ‘social dumping’
A Norwegian trade union has accused a rig owner of perpetrating “social dumping” on an offshore vessel.
Lundin Petroleum
Lundin more than doubles production in 2016
Swedish energy firm Lundin Petroleum more than doubled its production and revenues in 2016.
Lundin’s chairman and chief exec investigated by Sudanese prosecutors
Lundin Petroleum’s chairman and chief executive are reportedly suspected of “serious crimes” against international law, according to reports.
Lundin audit highlights improvement points
A follow-up by the Norwegian Petroleum Safety Authority (PSA) of Lundin Petroleum has identified two improvement points.
Lundin strikes oil on wildcat well
Sweden’s Lundin Petroleum has struck oil on its wildcat well in the Barents Sea.
Lundin revenues double on strong production figures
Lundin Petroleum more than doubled its third quarter revenues on the back of strong production figures.
Lundin completes drilling of Alta discovery
Lundin Petroleum said it has completed the drilling and testing of an appraisal well on the eastern flank of the Alta discovery in the North Sea.
Lundin production boost offset by foreign exchange losses
Lundin Petroleum has posted a loss in its second quarter 2016 revenues caused by foreign exchange losses.
Lundin Petroleum kickstarts Barents Sea drilling campaign
Lundin Petroleum today launched its Barents Sea drilling campaign.
Lundin Petroleum hit with safety improvement points in Norway
Lundin Petroleum has been given a number of improvement points by the Norwegian Petroleum Safety Authority (PSA) after an audit into the Swedish company’s barrier management.
Lundin boost Sverdrup estimate, earnings rise 45%
Lundin Petroleum said it has raised output estimated for the first phase of the Johan Sverdrup field as it bear first quarter earning expectations.
Statoil to divest stake in Edvard Grieg field to Lundin
Norwegian operator Statoil has entered into an agreement with Lundin Petroleum to divest its 15% interest in the Edvard Grieg field for an increased shareholding in the company.
Lundin secures $5billion finance deal
Lundin Petroleum agreed a seven-year $5billion revolving credit facility with lenders that will support its interest in the giant Johan Sverdrup project.
Lundin Petroleum doubles production for 2016
Lundin Petroleum said it will cut its 2016 capital spending by 26% compared to last year while doubling its production guidance.
Lundin Petroleum commences drilling on the Fosen prospect
Lundin Petroleum said it has commenced drilling of exploration well 16/4-10 on the Fosen prospect. The well is 27km south of the Edvard Grieg field and 11km south of the Luno II discovery on the Norwegian Continental Shelf.
Lundin Petroleum hits oil offshore Malaysia
Lundin Petroleum said it has hit oil after completing work on the Bambazon exploration well offshore East Malaysia. The company said the well encountered 15 metres of reservoir pay with oil shows over three main reservoir intervals.
Lundin commences drilling of the Bambazon exploration well
Lundin Petroleum has commenced drilling of the Bambazon exploration well offshore East Malaysia. The company said the well, in Block SB307/SB308, is in shallow water and lies to the north of a major producing field.
Lundin abandons well after coming up dry in Barents Sea
Lundin Petroleum said it has come up dry on the Ornen exploration well in the southern Barents Sea. The company said it had completed drilling and evaluation of well 7130/4-1 on the eastern parts of the Finnmark Platform.
Lundin Petroleum commences drilling of Malaysian well
Lundin Petroleum has commenced drilling of the Selada-1 exploration well in Block PM308A offshore Malaysia. The company said the well will target hydrocarbons in Miocence aged sands and is 14km to the south of the Bertam field operated by Lundin Malaysia.
Lundin Petroleum suspends drilling in the Barents Sea as Winter weather looms
Lundin Petroleum said it has temporarily suspended drilling operations on the Neiden prospect in the Barents Sea due to the looming winter weather.
Lundin Petroleum sells Indonesian assets in $22million deal
Lundin Petroleum has sold its assets in Indonesia in an agreement with Medco Energi International in a $22million deal. The assets include the non-operate interest in the producing Singa gas field and the operated interest in the South Sokang and Cendrawasih VII Blocks, as well as the joint study agreement in respect of the Cendrawasih VIII Block.
Lundin resumes spudding of Malaysian exploration well
Lundin Petroleum has resumed drilling in Malaysia with the spud of the Mengjuang-1 exploration well in licence PM307. The company's subsidiary, Lundin Malaysia, said the well will target hydrocarbons in Miocence-aged sands 75kilmoetres from the Bertam field.
Video: Lundin Petroleum moves Edvard Greig topside into place
Lundin Petroleum has completed installation of the topside modules on the Edvard Greig field. The company said four modules had to be lifted into place on the pre-installed jacket – the main deck frame, utility and living quarters module and the processing modules and the flare boom with a total weight of 22,000 tonnes. Heerema’s heavy lift vessel Thialf carried out the lift operation.
Lundin Petroleum makes senior appointment
Lundin Petroleum has confirmed the appointment of a new upper management position. Nick Walker will join the international petroleum firm's management team as senior vice president of development and operations with immediate effect. Mr Walker will have the responsibility of overseeing all worldwide development projects as well as being a member of the Investment Committee.
Lundin Petroleum hits pay at Zulu prospect
Lundin Petroleum has completed the drilling of a wildcat well in the Norwegian Sea. The well investigated the hydrocarbon potential of the Zulu prospect in PL674BS which is located 100km west of Stavanger on the Norwegian coast and 30 km northeast of the Johan Sverdrup discovery. The main objective of well 26/10-1 was to test the hydrocarbon potential in the Miocene Utsira Formation sand.