Middle East Economic Survey

VOL. XLIX

No 3

16-January-2006

tunisia

Lundins Oudna Development On Schedule For Late 2006 Start-Up At 20,000 B/D

Lundin Petroleum announced on 10 January that its $200mn development budget in 2006 would focus primarily on Norway and Tunisia, where start-up oil production of 20,000 b/d from the offshore Oudna project is due late in the year. The Oudna project involves the relocation and modification of the Ikdam floating production storage and offtake (FPSO) vessel...