Lundin makes new oil discovery in Norway

Oil major Lundin has discovered new oil on the Norwegian shelf, reports Dagens Næringsliv. The discovery could contain upwards of 78 million barrels of oil.

Lundin Petroleum has found new oil on the Norwegian shelf, a discovery which could prove valuable to the company.

According to Dagens Næringsliv, Lundin's Norwegian business has significantly upgraded its Rolvsnes discovery south of the Edvard Grieg field in the North Sea.

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