Production of the Utgard field in Norway commenced on 16 September 2019. The project was completed approximately three months earlier than planned and achieved 25% savings in relation to the assumed budget. The shareholder of the concession is Lotos Exploration & Production Norge (Lotos Norge) and the operator is Equinor. […]
Tag: LOTOS Norge
February 1st saw LOTOS Upstream commence its business operations. Its group already includes LOTOS Norge and LOTOS Geonafta, which will soon be joined by Baltic Gas. The plan is to expand operations into new areas, with priority given to the UK Continental Shelf, with the ultimate goal of doubling the […]
On January 16th 2018, LOTOS Exploration and Production Norge AS (“LOTOS Norge”) was offered two new exploration and production licences by the Norwegian authorities in the APA 2017 round.