Sweden's Lundin Petroleum has agreed to sell its Indonesian oil and gas assets to PT Medco Energi Internasional TBK for US$22 million. The Indonesian assets include a non-operated interest in the producing Singa gas field and operated…
Lundin Norway commenced drilling of exploration well 7220/6-2 in PL609, offshore Norway. The planned total depth is approximately 1350m below mean sea level and the well is being drilled using the drilling rig Island Innovator. Drilling is expected to take approximately 40 days…
With the spud of the Mengkuang-1 exploration well, in license PM307, Lundin Petroleum has resumed exploration offshore Malaysia. Lundin says the well will target hydrocarbons in Miocene-aged sands 75km to the northwest of the Lundin-operated Bertam field…
Lundin Norway commenced the drilling of its second Alta appraisal well in the Barents Sea South, and the drilling of an appraisal well on the Edvard Grieg field in the Norwegian North Sea. Drilling has also commenced on the partner-operated…
Swedish headquartered Lundin Petroleum has started spinning two drill bits on the Norwegian Continental Shelf - on Alta, in the Barents Sea, and one on the Edvard Grieg discovery, in the Norwegian North Sea. Both are appraisal wells.…
Swedish explorer Lundin Petroleum has appointed a new CEO after long-serving CEO Ashely Heppenstall announced he is to step down, as of 1 October. Alex Schneiter will resume the role of President and CEO, which Heppenstall (pictured) has held since 2002…
Russian licensing authority Rosnedra awarded Lundin Petroleum a production license for the Morskaya field in the northern Caspian Sea. The production license, in the Lagansky Block, will be valid until 2035 and covers about 50sq km. The Morskaya field…
Sweden-based oil and gas exploration and production firm Lundin Petroleum recruited former Talisman Energy VP Nick Walker as senior vice president development and operations. Walker will join North Sea and Malaysia focused Lundin with…
Lundin’s first development project offshore Malaysia, the Bertam field, is now onstream, with plans to continue with production from remaining wells throughout 2015. Malaysia drilling operations…
Lundin Norway began drilling the 7220/11-2 appraisal well in the Barents Sea South. The Island Innovator. From Island Drilling. The Alta discovery is located 10-20km northeast of Lundin…
Lundin Petroleum started drilling exploration well 33/2-2S in PL579 on the Morkel prospect in the Norwegian Sea. Morkel is 180km west of Florø on the Norwegian west coast and approximately 40km northwest of the Snorre field. The main…
Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, entered into an agreement to farm-out a 30% working interest in PL338C to Lime Petroleum Norway. PL338C contains the Gemini prospect, which is currently being drilled with the Island Innovator rig…
Lundin Petroleum began drilling the 16/1-24 exploration well at the Gemini prospect, just southwest of the Edvard Grieg field. The Island Innovator, from Island Drilling. The well is located in Block 16/1…
Lundin Petroleum has started drilling exploration well 26/10-1 on the Zulu prospect in production license (PL) 674BS, 100km west of Stavanger in the North Sea. Zulu is about 30 km northeast of the Johan Sverdrup discovery. The main objective…
First oil has been produced from the Det norske-operated Bøyla field in production license 340 in the Norwegian sector of the North Sea offshore Norway. Bøyla, a subsea tie-back to the Alvheim floating production facility, is estimated…
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