Lundin makes new oil discovery in Norway

Oil major Lundin has discovered new oil on the Norwegian shelf, reports Dagens Næringsliv. The discovery could contain upwards of 78 million barrels of oil.

Lundin Petroleum has found new oil on the Norwegian shelf, a discovery which could prove valuable to the company.

According to Dagens Næringsliv, Lundin's Norwegian business has significantly upgraded its Rolvsnes discovery south of the Edvard Grieg field in the North Sea.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Several factors explain the plummeting dry bulk rates

Dry bulk rates have taken an unusual dive at the beginning of 2022. Most recently, the Baltic Dry Index dipped by 4 percent Friday. Several factors have triggered a ”panic in the market,” an analyst explains to ShippingWatch.

Further reading

Related articles

Latest news

See all jobs