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OIL

Sweden’s Lundin in new oil find near Norway

Swedish oil firm Lundin Petroleum said Monday it had made a potentially significant oil find off Norway, near another discovery that renewed explorers' interest in the North Sea.

“A gross oil column in excess of 40 metres has been proven” at the Luno II well, the company said in a statement, adding that the oil was of good quality.

The Swedish company said it would provide a range of reserve estimates within two or three weeks.

The discovery was made near Lundin’s Edvard Grieg field, as well as the Johan Sverdrup field that two years ago became one of the five largest discoveries on the Norwegian Continental Shelf, and the country’s largest find since the mid-eighties.

Johan Sverdrup holds between 1.7 and 3.3 billion barrels of oil equivalent (boe), according to estimates due to be updated in the near future.

“The pressure data indicates that the petroleum system in Luno II is different to that seen in the Edvard Grieg and Johan Sverdrup fields,” the company said.

Lundin has a 40 percent stake in the Luno II well, with Norway’s Statoil and Britain’s Premier Oil holding 30 percent each.

AFP/The Local/dl

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NORWAY

Norway to send 200,000 AstraZeneca doses to Sweden and Iceland

Norway, which has suspended the use of AstraZeneca's Covid vaccine until further notice, will send 216,000 doses to Sweden and Iceland at their request, the Norwegian health ministry said Thursday.

Norway to send 200,000 AstraZeneca doses to Sweden and Iceland
Empty vials of the AstraZeneca vaccine. (Photo by GABRIEL BOUYS / AFP)

“I’m happy that the vaccines we have in stock can be put to use even if the AstraZeneca vaccine has been paused in Norway,” Health Minister Bent Høie said in a statement.

The 216,000 doses, which are currently stored in Norwegian fridges, have to be used before their expiry dates in June and July.

Sweden will receive 200,000 shots and Iceland 16,000 under the expectation they will return the favour at some point. 

“If we do resume the use of the AstraZeneca vaccine, we will get the doses back as soon as we ask,” Høie said.

Like neighbouring Denmark, Norway suspended the use of the AstraZeneca jab on March 11 in order to examine rare but potentially severe side effects, including blood clots.

Among the 134,000 AstraZeneca shots administered in Norway before the suspension, five cases of severe thrombosis, including three fatal ones, had been registered among relatively young people in otherwise good health. One other person died of a brain haemorrhage.

On April 15, Norway’s government ignored a recommendation from the Institute of Public Health to drop the AstraZeneca jab for good, saying it wanted more time to decide.

READ MORE: Norway delays final decision on withdrawal of AstraZeneca vaccine 

The government has therefore set up a committee of Norwegian and international experts tasked with studying all of the risks linked to the AstraZeneca and Johnson & Johnson vaccines, which is also suspected of causing blood clots.

Both are both based on adenovirus vector technology. Denmark is the only European country to have dropped the AstraZeneca
vaccine from its vaccination campaign, and said on Tuesday it would “lend” 55,000 doses to the neighbouring German state of Schleswig-Holstein.

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