Project Profile
Value: Undisclosed
Location: PL570, North Sea
Start-up Year: -
Lundin was awarded PL570 Norwegian Sea license in the 2010 Norwegian Licensing Round. The awarded licenses include two licenses in the Greater Luno Area, one license in the Greater Alvheim Area, five licenses in the North Sea and One license in the Norwegian Sea. Six of the awarded licenses will be operated by Lundin Petroleum.
Operators:
VNG Norge: Operator with 40% interest
Lundin Petroleum: 30% interest
Marathon Oil: 20% interest
Maersk Oil: 10% interest