Lundin Norway has made several major discoveries on the Norwegian shelf. This success is due to the efforts of competent experts who have been given the freedom to apply their knowledge to the best and fullest extent. Together, they have made Lundin Norway into the most successful explorer over the past ten years.
Lundin Norway works on the premise that new knowledge, new methods and new plays make it possible to find new petroleum deposits. The discoveries of Edvard Grieg and Johan Sverdrup have contributed to a revitalisation of the most mature areas on the Norwegian shelf, and have brought new optimism to the entire Norwegian oil and gas industry.
A standalone development of the Alta and nearby Gohta discoveries is no longer considered to be commercial, and a subsea tie-back development to either Johan Castberg or another future host development in the area is considered the most viable option. We are drilling several large prospects in the Loppa High area in 2020, which if successful could change the dynamic of commercial options for this area.