Lundin Favors Norwegian Contractors for Johan Sverdrup

Lundin Petroleum AB favors Norwegian suppliers to develop the Johan Sverdrup oilfield, the country’s biggest find in decades, after saving money employing a local contractor at its Edvard Grieg project.

“If they deliver on Grieg, they’re in a good position,” Torstein Sanness, Lundin’s managing director for Norway, said today in an interview. The company will discuss the matter with partners Statoil ASA, Det Norske Oljeselskap ASA and Petoro AS.