Project of the Year, 2016: Edvard Grieg, Lundin Petroleum

Delivering first oil in November 2015, the Edvard Grieg development has been widely acclaimed by industry analysts, and the market generally. The start of production at Edvard Grieg marks the beginning of a transformation in Lundin’s output and cash flow generation. The platform, located west of Stavanger in the North Sea was contracted to Kvaerner in May 2012 and has become the industry standard in deliverables. It was delivered on time, on budget, and has been celebrated for engineering, procurement and construction excellence. Lundin’s Edvard Grieg field was developed with a steel jacket platform that rests on the seabed, and includes a state-of-the-art processing facility, a utliity modu