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Who we are

Lundin Petroleum is a Swedish independent oil and gas company with a proven track record of finding, developing and producing oil and gas resources.
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Our vision

Our vision is to grow a profitable upstream exploration and production company, focused on core areas in a safe and environmentally responsible manner for the long term benefit of our shareholders and society.
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Our people

Lundin Petroleum’s integrated teams of geoscientists and technical experts have produced a creative way of analysing data, adopting a visionary approach to oil and gas exploration.
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Our responsibility

Lundin Petroleum is committed to carry out its worldwide operations in a responsible manner. This means that both strategic decisions and field activities take into consideration potential impacts on people and the environment.
The Company Lundin people

People are Lundin Petroleum's key resource in unlocking opportunities

A key resource
The oil and gas industry is experiencing challenging times due to the volatile macroeconomic environment and low oil prices, which has led to a reduction in investments and created significant uncertainty in our sector. In this context, Lundin Petroleum believes in continuing to attract and maintain a talented and innovative work force that makes sure we deliver our business objectives. We have been very successful over the years in attracting and retaining the best possible talent in the industry, thanks to our dynamic and entrepreneurial working environment and our focus on high-performance. As the business continues to grow it is this base of world class employees that will help drive our transformational growth to the next level.

At the end of 2015, Lundin Petroleum had a total of 589 employees directly employed by the Group in eight different countries. The majority of the work force is located in Norway representing 57 percent of the total workforce, followed by Malaysia with 21 percent.

Lundin Petroleum also employs a large number of contractors and consultants which gives the Company the flexibility to swiftly adapt manpower resources to match activity levels. In 2015, a total of 128 contractors and consultants were hired for services relating to exploration, development and other operational activities. Lundin Petroleum applies the same high standards of professional conduct towards its contractors as it does towards its employees, which is reflected in the tracking of Key Performance Indicators for health and safety. Starting in 2015, a Contractor Declaration has also been included in all new contracts awarded by the Company.

Investing for the future
Lundin Petroleum invests in its future employee base by training and developing talent.

In parallel with investing in its current employees, Lundin Petroleum also actively contributes to secure tomorrow’s talent pool. Throughout the countries of operations, traineeships are offered in fields of petroleum engineering, geology and corporate responsibility.

Lundin Petroleum’s People Principles:
  • Link reward and variable compensation to individual pre-determined performance objectives to encourage outstanding commitment and delivery, thereby enhancing value creation across all parts of Lundin Petroleum.
  • Engagement, participation and involvement through our Performance Management Process.
  • Support and encourage ongoing training and professional development.
  • Pursue innovative recruitment and retention strategies.
  • Promote a safe and respectful working environment for all employees where Health, Safety and Environment (HSE), diversity and equal opportunities are paramount to all and are enshrined in our Code of Conduct and the Lundin Petroleum Green Book.
  • Continue to maintain a strong stability index across our people.

Lundin Petroleum employe
Gender Analysis 2015
Employees Female
Managers Female
Board of Directors Female

Related links

 » Lundin Petroleum ranked amongst the top ten employers in Norway in 2014


Did you know....

that Lundin Petroleum was formed in 2001 with interests in only three exploration licences
That Lundin Petroleum is now the largest independent European oil and gas company by market capitalisation
that Lundin Petroleum employs around 600 people worldwide
that 24 different nationalities were employed throughout Lundin Petroleum’s global operations (end 2015)