Lundin Petroleum AB has announced today it has been awarded one exploration licence in the 22nd licensing round.
The awarded licence, PL708, is located in the south eastern Barents Sea. Lundin Norway will be the operator with a licence interest of 40 percent. Partners are Edison, North Energy and Lukoil with 20 percent licence interest respectively.
Lundin Petroleum is a Swedish independent oil and gas exploration and production company with a well balanced portfolio of world-class assets primarily located in Europe and South East Asia.