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Exploration

Iraqi oil push offers opportunity

Hampered by budget deficit, the Iraqi government is ramping up efforts to increase the country’s oil production.

 
 
 
 
 

Lundin Petroleum spuds exploration well

Lundin Petroleum AB has announced that its wholly owned subsidiary, Lundin Norway AS, has begun drilling of exploration well 7130/4-1 on the Ørnen prospect.

 
 
 

A tough reality for the industry

Global challenges and new opportunities in the energy market will create a turning point for the industry.