Search results for: Lundin

1280 results

A list of search results

  • 7 December 2010
    Business & Finance

    Lundin Petroleum AB (“Lundin Petroleum”)  announces that it has been awarded a new production sharing contract (PSC) for the South Sokang Block by MIGAS, the Indonesian oil and gas regulating authority, in Jakarta on December 6, 2010. The block is located in the Natuna Sea, offshore Indonesia. The South Sokang Block covers an area of […]

  • 3 May 2016
    Business & Finance

    Norwegian oil giant Statoil has entered into an agreement with Lundin Petroleum to divest its entire 15 percent interest in the Edvard Grieg field, in the central North Sea, for an increased shareholding in Lundin Petroleum. To remind, Statoil already acquired 37,101, 561 shares in Lundin Petroleum at a total purchase price of approximately SEK 4.6 […]

  • 17 May 2011
    Business & Finance

      Lundin Petroleum AB (Lundin Petroleum) announces that it has commenced its Malaysian drilling campaign with the spud of the Tarap-1 well in the SB 303 Block offshore Sabah, East Malaysia. The well will target Miocene sandstones in the Kindu sub basin. The well will be drilled with the Offshore Courageous rig in a water […]

  • 13 February 2017
    Business & Finance

    Swedish oil company Lundin Petroleum has proposed to spin-off its assets in Malaysia, France and the Netherlands into a newly formed company called International Petroleum Corporation (IPC). Lundin will then distribute the IPC shares, on a pro-rata basis, to Lundin Petroleum shareholders. The company informed on Monday that, subject to certain conditions, all of the shares […]

  • 7 August 2015
    Business & Finance

    Carimin Petroleum’s subsidiary, Carimin Engineering Services Sdn. Bhd. (CES), has received a letter of award from Lundin Malaysia B.V. for the provision of topside major maintenance (TMM), offshore Malaysia. According to the company, the letter was received on July 8, 2015.  The company adds that the total value of the contract will depend on the actual […]

  • 9 November 2015
    Exploration & Production, Project & Tenders

    Lundin Petroleum, a Swedish independent oil and gas exploration and production company, has started drilling of the Selada-1 exploration well in Block PM308A, offshore Malaysia. Lundin says the well will target hydrocarbons in Miocene aged sands and is located 14 km to the south of the Bertam field operated by Lundin Malaysia. The Selada-1 exploration well […]

  • 25 April 2012
    Business & Finance, Operations & Maintenance

    On 27 March 2012, the Petroleum Safety Authority Norway (PSA) carried out an audit of Lundin Norway AS’ management of the Brynhild field development project, connected to subsea facilities and pipelines. The Brynhild field is being developed with a subsea facility with four wells that will be connected to the Pierce field on the UK […]

  • 5 December 2014
    Business & Finance

    Swedish oil company Lundin Petroleum has informed that the Managing Director of Lundin Norway AS Torstein Sanness will retire from his executive position in April  2015 and assume the role of Chairman of Lundin Norway. Kristin Færøvik will assume the role of Managing Director of Lundin Norway in April 2015. Færøvik was previously the Managing Director […]

  • 30 May 2011
    Business & Finance

      Lundin Petroleum AB (Lundin Petroleum) reports that production from the Alvheim field (Lundin Petroleum working interest (WI) 15%) and the Volund field (Lundin Petroleum WI 35%), offshore Norway was shut down for 13 days in May due to unscheduled maintenance on the Alvheim FPSO. The shut down was required in order for the operator […]

  • 5 November 2015
    Exploration & Production

    Lundin Petroleum has temporarily suspended drilling of the exploration well 7220/6-2 on the Neiden prospect in PL609, in the Barents Sea. Lundin Petroleum started drilling the exploration well in October 2015, using the Island Innovator semi-submersible drilling rig, and has drilled a section of it. According to Lundin’s operation update issued on Thursday, drilling operations on […]

  • 25 October 2007

    Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that the wholly owned subsidiary Lundin Norway AS (Lundin Norway), operator of production licence 338, (PL 338) offshore Norway, has concluded the exploration well 16/1-8.

  • 9 November 2018
    Business & Finance

    Rosenberg WorleyParsons has confirmed the award of an engineering, procurement, construction and installation contract by Lundin in Norway.

  • 23 March 2011
    Business & Finance, Operations & Maintenance

      Lundin Petroleum AB announces that it has been awarded a new production sharing contract (PSC) for the Gurita Block by MIGAS, the Indonesian oil and gas regulating authority, in Jakarta on 18 March 2011. The block is located in the Natuna Sea, offshore Indonesia. The Gurita Block covers an area of approximately 8,018 km2. […]

  • 29 January 2016

    Swedish oil and gas exploration and production company Lundin Petroleum has cut its capex for 2016. In a statement on Friday, Lundin revealed that its 2016 development, appraisal and exploration budget totals $1.08 billion and represents a 26 percent decrease on 2015 capital expenditure. The company’s exploration and appraisal budget has been slashed 64 percent […]

  • 30 December 2010
    Business & Finance

    Lundin Petroleum AB  has completed the sale of its non-operated interests in the Salawati Basin and Island assets, located in the eastern part of Indonesia, to RH Petrogas (“RHP”). Lundin Petroleum and RHP, a company listed on the Singapore Stock Exchange (“SGX”), completed the transaction on 29 December 2010 for a consideration of MUSD 37.1 […]

  • 9 March 2011
    Business & Finance

    Lundin Petroleum AB (Lundin Petroleum) announced that its shares have been conditionally approved for listing on the Toronto Stock Exchange (“TSX”). Lundin Petroleum’s shares will trade on the TSX under the symbol “LUP”. The Company’s shares will also continue to trade on the NASDAQ OMX, Stockholm under the symbol “LUPE”. Subject to meeting the final […]

  • 15 January 2008

    Production was suspended following a fire in one of the Thistle Alpha installation’s three power generation turbine enclosures on the 25th November 2007. Lundin Britain Limited (Lundin), a wholly owned subsidiary of Lundin Petroleum, holds a 99 percent interest in the Thistle field. Petrofac Facilities Management (Petrofac) has, since May 2005, been the Duty Holder […]

  • 15 April 2011
    Business & Finance

      Lundin Petroleum AB announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded a new exploration license interest in the 21st Norwegian Licensing Round. The awarded license, PL609 is located in the Barents Sea. Lundin Norway will be the operator of PL609 with 40 percent interest. The partnership comprises RWE […]

  • 7 August 2012
    Business & Finance, Operations & Maintenance

    Lundin Petroleum AB (Lundin Petroleum) announces that it has commenced the second well in its 2012 Malaysian drilling campaign with the spud of Berangan 1 exploration well in SB303 Block, offshore Sabah, Malaysia. The well will target hydrocarbons in mid-Miocene aged sands in a faulted anticline in an undrilled sub-basin 10 km to the southeast […]

  • 13 August 2012
    Business & Finance, Operations & Maintenance

    Lundin Petroleum AB announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced the drilling of well 7220/10-1 in PL533 on the Salina prospect (formerly referred to as Pulk) in the Barents Sea. The well is located 54 km to the south west and on geological trend with the Skrugard and Havis […]

  • 17 September 2012
    Business & Finance, Project & Tenders

    Lundin Petroleum AB (Lundin Petroleum) announces that it has commenced the third well in its 2012 Malaysian drilling campaign with the spud of Merawan Batu-1 exploration well in PM308B Block, offshore east coast Peninsula Malaysia. The well will target hydrocarbons in Oligocene aged sands in a faulted anticline in an undrilled area 50 km to […]

  • 25 April 2012
    Business & Finance

      On 27 March 2012, the Petroleum Safety Authority Norway (PSA) carried out an audit of Lundin Norway AS’ management of the Brynhild field development project, connected to subsea facilities and pipelines. The Brynhild field is being developed with a subsea facility with four wells that will be connected to the Pierce field on the […]