Edvard Grieg module has arrived at Stord
A major component of the Edvard Grieg platform’s so-called module support frame was taken ashore at Kværner’s shipyard on Stord last Friday. Module C10/C20, which has been constructed in Poland, is 65 metres long and 35 metres wide, and weighs a total of 3 200 tonnes.
Lundin Norway named “Company of the Year”
At an event in Bærums Verk on February 13th, Lundin Norway received the "Company of the Year" award for Bærum municipality. The award was established and is awarded by Nordea in Asker and Bærum and is given to companies or institutions that have made an extra effort in the past year to promote local commerce and industry.
Lundin Norway wins this year’s explorer award
The oil industry's Oscars - Gullkronen 2014 – were awarded at Wallmans Oslo a few days ago. Rystad Energy’s Gullkronen awards honor companies in the oil and gas industry who have shown outstanding achievements on the Norwegian continental shelf during the previous year. Lundin Norway won the prize for "Explorer of the Year".
Sending a strong team to Sochi
Last year, Lundin Norway signed a cooperation agreement with the Norwegian College of Elite Sport (NTG) with the aim of supporting the students' enthusiasm and ambitions. We are proud to say that 32 of the members of Norway's Olympic team have backgrounds from NTG – that's 27 percent!!
Our Swedish-Norwegian mammoth
Lundin Petroleum’s share price has risen by nearly 7000 per cent since it was listed on the stock exchange in 2001, primarily due to good Swedish-Norwegian collaboration. Swedish capital and Norwegian expertise; a recipe for success that was tested as early as in 1905, when Swedish investments contributed to the founding of Norsk Hydro. Entrepreneur Sam Eyde wanted to take a chance on nitrogen-based fertiliser, but Norway lacked the capital. Through contacts from his university days in Stockholm, he got in touch with Marcus Wallenberg and his family, who invested heavily in what became the industrial adventure that is Norsk Hydro, and later also Yara.
– On Lundin Norway’s focus on the Utsira High
This quote comes from the world-renowned geologist, Wallace Pratt, who believed that oil discoveries were based on visionary theory, technical innovation and targeted exploration drilling. The pioneers in Lundin Norway knew that the North Sea oil comes from layers of Upper Jurassic shale, and that large oil volumes had formed in the Vikinggraben. They also had clear ideas about where the oil in the area had migrated.
Gohta: New oil discovery in the Barents Sea
Lundin Norway has made an exciting oil discovery on the Loppa High in the Barents Sea. The discovery was made in carbonate rocks from the Late Permian Age (255 million years old), which is part of the Tempelfjord Group. This is the first time a successful production test has been carried out on such rocks on the Norwegian Shelf.
Fully rigged for more discoveries
It all started when Lundin Norway was to drill a single well, its first, in 2007. Demand for rigs was high, and it was very difficult to sign a rig contract for a single well programme. The problem was solved by forming a consortium with six other oil companies. This enabled the consortium to sign a three-year agreement for the Bredford Dolphin rig, which was positioned in the British sector at that time. The rig had to be upgraded before it could be approved for use on the Norwegian shelf.
Edvard Grieg on schedule
The board of Lundin Petroleum was very satisfied with what they saw when they visited Kværner Verdal in week 39. Three of four sides are already in place on the steel jacket for the Edvard Grieg platform and the project is on schedule for delivery in the first quarter of next year.