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Lundin family plots its return to Norway via acquisition of Concedo

Lundin family plots its return to Norway via acquisition of Concedo
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Alvheim FPSO Celebrates 15 Years of Oil and Gas Production as Tyrving Tie-in Gets Green Light

The Norwegian Minister of Petroleum and Energy, Terje Aasland, on Thursday granted approval for the development of Aker BP's…

Lundin Energy (OTCMKTS:LUPEY) Shares Down 1 2%

Lundin Energy AB (OTCMKTS:LUPEY – Get Rating) shares were down 1.2% during mid-day trading on Monday . The company traded as low as $21.97 and last traded at $21.97. Approximately 600 shares traded hands during trading, a decline of 84% from the average daily volume of 3,781 shares. The stock had previously closed at $22.23. […]

Alvheim FPSO celebrates 15 years of production

The Alvheim field is one of the most successful developments on the Norwegian continental shelf. When PDO was submitted to the Government in 2004, the reserves estimate was 171MMboe. Production from the Alvheim field exceeded this volume in early 2014.

Norway: Alvheim FPSO celebrates fifteen years of production

Today the Alvheim FPSO celebrates fifteen years of oil and gas production. The field and the production vessel have over-performed since production commenced on 8 June 2008. Perhaps the best birthday present comes from the Minister of Petroleum and Energy, Terje Aasland, who today granted approval for the development of Tyrving, which will be a tie-in to Alvheim.

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