After a decade of successful exploration and development of new fields, Norway accounts for 96% of Lundin’s oil and gas reserves, 99% of this year’s investment budget, and 88% of expected 2017 production, with assets including the Edvard Grieg field and the Johan Sverdrup development.
“The Norwegian success story has put a shadow over our other assets, which have been small, but good,” Lundin Petroleum chief executive Alex Schneiter said.
