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Lundin Petroleum signs an exploration contract in NorwayTuesday, 27 March 2012
The Swedish oil company, Lundin Petroleum's Norwegian subsidiary, Lundin Norway has signed a so-called pre-unit agreement with its partners on the development of Johan Sverdrupfältet.
CEO Ashley Heppenstall said in a statement describing the agreement as "an important milestone on the expansion of the North Sea's largest project in years."
The agreement covers production licenses for PL501 and PL265.
By Scancomark.se Team
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