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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 Vision - Strategy

Lundin Petroleum’s business model is to generate sustainable long-term value in all stages of the value chain


Lundin Petroleum has exploration and production assets focused upon two core areas, Norway and Malaysia, as well as assets in France, the Netherlands and Russia.

Lundin Petroleum seeks to generate sustainable long-term value in all stages of the upstream oil and gas value chain. Lundin Petroleum has developed the capacity and competence to take exploration success through to the production phase. This is clearly demonstrated with the delivery of the Edvard Grieg project, which was completed safely, on schedule and on budget.

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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)

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.

Strategy



Lundin Petroleum is pursuing the following strategy:
  • Proactively investing in exploration to organically grow its reserve base. Lundin Petroleum has an inventory of drillable prospects with large upside potential and continues to actively pursue new exploration acreage in core areas..
  • Growing its existing asset base with a proactive subsurface strategy to enhance ultimate hydrocarbon recovery.
  • Acquiring new hydrocarbon reserves, resources and exploration acreage where opportunities exist to enhance value.

Responsibility



Lundin Petroleum is responsible towards:
  • shareholders, to realise and sustain a good return on investment and a continuing growth of its asset base.
  • employees, to provide a safe and rewarding working environment.
  • host countries, owners of the resources, to find and produce oil and gas professionally, efficiently and responsibly.
  • local communities, to contribute to local development and higher living standards.
  • society, to contribute to wealth generation while minimising the impact of our activities on the environment.