London-Sweden’s Lundin Petroleum on Wednesday slashed its production target this year by more than 30% as it suffers from out- put hitches at an oil field and delays to a key new project offshore Norway. Lundin revised its 2015 production guid- ance to 32,000 b/d of oil equivalent mainly as a result of problems at the Brynhild field in the North Sea and delays to the installation of topsides at its Edvard Grieg project.
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