Island Innovator Has Left Hanøytangen Mar 1, 2017Semco Maritime, Norway has completed the upgrade project on the rig
Island Innovator.
Statoil Completes Transaction with Lundin Jul 2, 2016Statoil ASA and Lundin Petroleum have completed their previously announced transaction, whereby Statoil has sold its entire 15% interest in the Edvard Grieg field for an increased shareholding in Lundin Petroleum.
Lundin Norway Awarded Five Licences in 23rd Norwegian Licensing Round May 19, 2016Lundin Petroleum AB reports that its wholly owned subsidiary Lundin Norway AS has been awarded five exploration licences in the 23rd Norwegian Licensing Round.
Xodus Wins Framework Agreement for Engineering Studies and Verifications May 6, 2016Xodus Group AS has been awarded a framework agreement by Lundin Norway AS to provide engineering studies and verification services...
Lundin Petroleum Acquires Additional 15% Interest Edvard Grieg May 3, 2016Lundin Petroleum AB has announced that Lundin Petroleum and its wholly owned subsidiary Lundin Norway AS have entered into agreements with Statoil ASA and its wholly owned subsidiary...
Maligan Exploration Well Completed Mar 4, 2016Lundin Petroleum AB reports that its wholly owned subsidiary Lundin Malaysia BV has completed the Maligan exploration well in Block SB307/SB308, offshore East Malaysia.
Lundin Petroleum secures reserve-based bank financing Feb 3, 2016Lundin Petroleum has entered into a committed seven year senior secured revolving credit facility of up to USD 5.0 billion, with an initial committed amount of USD 4.3 billion.
Lundin Petroleum declares its 2016 budget Feb 1, 2016Lundin Petroleum declares its 2016 development, appraisal and exploration budget which totals USD 1.08 billion and represents a 26 percent decrease on 2015 capital expenditure.
Lundin commences drilling of Maligan exploration offshore Malaysia Feb 1, 2016Lundin Petroleum’s wholly owned subsidiary Lundin Malaysia BV has commenced drilling of the Maligan exploration well in Block SB307/SB308, offshore East Malaysia.
Lundin spuds exploration well on the Fosen prospect, offshore Norway Jan 26, 2016Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS has commenced drilling of exploration well 16/4-10 on the Fosen prospect. The well is located approximately 27 km south of the Edvard Grieg field and 11 km south of the Luno II discovery on the Utsira High on the Norwegian Continental Shelf (NCS).
Lundin completes Bambazon exploration well, offshore Malaysia Jan 26, 2016Lundin Petroleum’s wholly owned subsidiary Lundin Malaysia BV (Lundin Malaysia) has completed the Bambazon exploration well in Block SB307/SB308, offshore East Malaysia.
Lundin Petroleum to sell FPSO Bertam for $ 265 million Jan 25, 2016Lundin Petroleum AB has entered into an agreement to sell the FPSO Bertam to M3nergy Investment Ltd, a wholly owned subsidiary of M3nergy Berhad of Malaysia.
Lundin Petroleum completes Lorry exploration well as a dry well Jan 21, 2016Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS has completed the drilling and evaluation of exploration well 6407/10-4 on the Lorry prospect.
Lundin awarded four licences in Norwegian licensing round Jan 20, 2016Lundin Petroleum says that its wholly owned subsidiary Lundin Norway AS has been awarded four exploration licence interests in the 2015 Norwegian Licensing Round