Lundin raises dividends, ready to reap fruits of merger

The Swedish oil company is currently in the midst of a larger sales process, ramping up on several parameters after prosperous 2021.

by MATHIAS JULIUS FALKENGAARD

Heavily surging oil and gas prices, a production upgrade and a larger share of the large Johan Sverdrup field, which keeps performing better than expected, made 2021 a noticeably better year for Lundin Energy (formerly Lundin Petroleum) than the year before.

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