Orrön Energy, formerly Lundin, ushers in new era, scores profit

A deferred tax asset saves Orrön Energy from booking a deficit in H1. However, the company is optimistic about the future following the divestment of oil assets worth USD 13bn.

BY VIKTOR BRANDT KÆRGAARD, TRANSLATED BY CHRISTOFFER ØSTERGAARD

Swedish oil company Orrön energy is undergoing a metamorphosis, like a caterpillar transforming into a butterfly.

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