Lundin has been granted consent to drill an exploration well in the Alta prospect in the Barents Sea.
The Swedish firm is the operator for the licence 609.
Drilling is scheduled to begin in May 2017 and will last 65 days.
Water depth at the site is 402 metres.
The well is to be drilled by Leiv Eiriksson, which is a semi-submersible drilling facility of the BINGO 9000 type, owned and operated by Ocean Rig ASA.
It was built in China in 2001 and fitted out in the US.