Lundin Energy AB (publ) is an independent exploration and production company primarily focused on the development and production of crude oil, natural gas and natural gas liquids. Headquartered in Stockholm, Sweden, the company operates a range of offshore assets and onshore acreage, with core operations in the North Sea. Lundin Energy’s strategy centers on high-quality, low-cost barrels and a disciplined approach to capital allocation, combining technical expertise with a commitment to sustainable operations and operational excellence.
The company’s principal producing assets are located in Norway’s North Sea, including the Johan Sverdrup, Edvard Grieg and Brynhild fields. Johan Sverdrup, one of Europe’s largest oil discoveries in the past decade, serves as a cornerstone of Lundin Energy’s portfolio, delivering significant production volumes and long‐term value. Beyond Norway, the company holds exploration and development licenses in the United Kingdom, the Netherlands, Algeria and Colombia, positioning it to access diverse resource bases and leverage geological expertise across multiple basins.
Founded in 2001 as Lundin Oil and rebranded as Lundin Petroleum in 2003, the company adopted the name Lundin Energy in 2020 to reflect its evolving portfolio and broader energy outlook. Over its history, Lundin Energy has built a track record of successful exploration discoveries, disciplined project development and timely asset divestments. The company’s ability to convert exploration success into long‐lived production facilities has underpinned its reputation as a nimble and technically adept player in the competitive upstream sector.
Leadership at Lundin Energy is anchored by CEO Nick Walker, whose tenure has emphasized operational efficiency, cost control and a focus on delivering strong free cash flow. Under the guidance of Chair Ian H. Lundin and an experienced board, the company maintains a governance framework designed to support transparency and accountability. Looking ahead, Lundin Energy continues to prioritize safe operations, environmental stewardship and value creation for its shareholders through disciplined growth and strategic partnerships.
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