Lundin awarded stake in three Barents Sea blocks

Map by Lundin Petroleum

Lundin Norway, a subsidiary of Sweden’s Lundin Petroleum has been awarded three exploration licenses in the 24th licensing round in Norway.

All of the licenses are located in the southern Barents Sea with one of the licenses operated by Lundin Norway.

The awarded licenses are all located in the southern Barents Sea and close to licenses already held by Lundin Norway. PL962 and PL965 are located in the Fingerdjupet Sub-basin/Hoop area close to PL722/PL853 and PL960 is located in the Harstad Basin in the southwestern part of the Barents Sea, close to PL695.

Nick Walker, COO of Lundin Petroleum, said: “I am very pleased with the licenses awarded in the 24th licensing round that will further strengthen our significant acreage position in the southern Barents Sea. With these new licenses, we are expanding our access to key exploration areas where we already hold licences, continuing the same core area exploration strategy that led to a track record of the company making discoveries in Norway”.

The license awards are detailed below:

Licence         Lundin Norway license interest
PL960:                              20%
PL962:                              20%
PL965 (operator):          60%

 

Related

Share this article

Follow Offshore Energy Today

Events>

<< Sep 2018 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

4th Oil and Gas Tanzania 2018 Products & Eqpt. Exhibition in Africa

It is truly remarkable how East Africa, and specifically Tanzania has in a short period of time become the main…

read more >

SPE Asia Pacific Oil & Gas Conference and Exhibition 2018

As the energy industry adapts to a new status quo operating under sustained low oil prices, there continues to be a need for the industry…

read more >

RIO OIL & GAS 2018

The leading oil and gas event in Latin America is organized every two years by the Brazilian Petroleum, Gas and Biofuels Institute (IBP)…

read more >

FPSO World Congress 2018

This year’s FPSO World Congress will tap on this green shoots of recovery and will focus on practical strategies to address key project…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply