Lundin opens office in Northern Norway
The Swedish company Lundin has entered the search for oil and gas in the Barents Sea. The company opens an office in Harstad to get a foothold in the High North.
The company holds six operating licenses and two participant licenses in the western part of the Barents Sea.
The opening of a permanent office in the northern Norwegian town of Harstad is part of Lundin’s plans for intensified activity on the shelf, Managing Director of Lundin Norway Torstein Sannes says to Harstad Tidene.
Lundin started its first exploration drilling on the Skalle prospect in the Barents Sea in May 2011. The well, located approximately 25 kilometers north of the Snøhvit field, proved to be a gas discovery with an initial gross contingent resource range estimated at between 88 to 280 billion cubic feet.