STOCKHOLM, Sweden, June 30 (UPI) -- Lundin Petroleum, a Swedish company, said it completed an acquisition of a minority share in a Norwegian oil field from regional counterpart Statoil.
Lundin announced in early May that it would take the 15 percent stake in the Edvard Grieg field and associated infrastructure from its Norwegian counterpart Statoil. The Norwegian Ministry of Petroleum approved the arrangement June 1.