Posts Tagged ‘Sture terminal’

OMV takes 20% stakes in Edvard Grieg (Luno) North Sea development

OMV to replace RWE in Lundin’s Edvard Grieg project In October 2012, the Austrian-based OMV took over the 20% share held so far by the German RWE in the Edvard Grieg offshore project just after that Statoil had acquired 15% from Wintershall in the same project.  Previously called Luna, the […]

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Statoil launches Svalin $750 million project on fast-track

Statoil, Petoro and Exxon to tie-back Svalin to Grane Svalin is made of two fields, Svalin M which was discovered in 2008 and Svalin C which was discovered in 1992. Svalin is located in Block 25/11 in the North Sea, between the Grane and Balder fields, about six kilometers south-west […]

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Lundin $4.2 billion Edvard Grieg oil field development approved

Lundin Petroleum received the formal approval from the Norwegian Ministry of Petroleum and Energy to proceed with the $4.2 billion plan development and operation (PDO) of the Edvard Grieg oil field. The Edvard Grieg oil field was previously called  Luno and is located in the Norwegian North Sea close to the Tellus discoveries, 180 kilometers west of […]

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