STOCKHOLM: Lundin Energy AB announced its 2021 programme, with a capital budget of USD 1.2 billion and production guidance of between 170 to 190 thousand barrels of oil equivalent per day (Mboepd). The long-term production guidance is increased to over 200 Mboepd by 2023. The Company will achieve carbon neutrality for operational emissions from 2025,…
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Lundin energy awarded 19 licences in the Norwegian licensing round
OSLO: Lundin Energy AB announces that its wholly owned subsidiary Lundin Energy Norway AS (together Lundin Energy), has been awarded a total of 19 exploration licence interests in the 2020 Awards in Predefined Areas (APA) licensing round, in Norway. The award includes 15 licences in the North Sea, two licences in the Norwegian Sea and…
Lundin Energy completes refinancing into a $5 billion corporate credit facility
HELSINKI: Lundin Energy AB has successfully completed the refinancing of its existing secured USD 4.75 billion Reserves Based Lending facility (RBL) and other corporate facilities, into a new, lower margin USD 5 billion five year corporate facility. The Facility is a combination of a five-year USD 1.5 billion RCF and USD 3.5 billion term loans,…