Oil prices, production send Lundin skyward

The Swedish oil firm more than doubles its result from the first quarter after both production and oil prices have received a boost.

Photo: Lundin Energy Norway

When the first quarter ended for Swedish oil firm Lundin, the company proudly presented a record result. But the second quarter turned out even better, showing a company that's really recovering from low oil prices and the Covid-19 pandemic.

Lundin Energy, formerly known as Lundin Petroleum and with a major interest in the Norwegian sector, has increased its output from 162,900 barrels per day in the second quarter last year to 189,800 this quarter.

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