Adolf Henrik Lundin, was an independent oil and mining Swedish entrepreneur.

Education

Adolf Lundin earned an MSc

Master's degree

A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...

 degree in 1956 from the Royal Institute of Technology

Royal Institute of Technology

The Royal Institute of Technology is a university in Stockholm, Sweden. KTH was founded in 1827 as Sweden's first polytechnic and is one of Scandinavia's largest institutions of higher education in technology. KTH accounts for one-third of Sweden’s technical research and engineering education...

 in Stockholm

Stockholm

Stockholm is the capital and the largest city of Sweden and constitutes the most populated urban area in Scandinavia. Stockholm is the most populous city in Sweden, with a population of 851,155 in the municipality , 1.37 million in the urban area , and around 2.1 million in the metropolitan area...

. Between 1957 and 1960 he worked as a Petroleum Engineer for the Royal Dutch Shell Group

Royal Dutch Shell

Royal Dutch Shell plc , commonly known as Shell, is a global oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the fifth-largest company in the world according to a composite measure by Forbes magazine and one of the six...

 in South America

South America

South America is a continent situated in the Western Hemisphere, mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere. The continent is also considered a subcontinent of the Americas. It is bordered on the west by the Pacific Ocean and on the north and east...

. In 1961 he earned an MBA degree from the Centre d’Etudes Industrielles in Geneva

Geneva

Geneva In the national languages of Switzerland the city is known as Genf , Ginevra and Genevra is the second-most-populous city in Switzerland and is the most populous city of Romandie, the French-speaking part of Switzerland...

, Switzerland

Switzerland

Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

. Between 1961 and 1966 he was responsible for oil exploration activities in the North Sea

North Sea

In the southwest, beyond the Straits of Dover, the North Sea becomes the English Channel connecting to the Atlantic Ocean. In the east, it connects to the Baltic Sea via the Skagerrak and Kattegat, narrow straits that separate Denmark from Norway and Sweden respectively...

 and Portugal

Portugal

Portugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...

 for the Ax:son Johnson Group

Nordstjernan

Nordstjernan is a Swedish investment company. Nordstjernan is a fourth-generation family company controlled by the Axel and Margaret Ax:son Johnson Foundation. The origin is the shipping company Nordstjernan, which was founded in 1890.-The first generation:...

. In 1966, he moved with his family to Geneva to work as Assistant Director of the Centre d’Etudes Industrielles (which later became IMD Lausanne).

Career

In 1971, he started his career as an independent oil

Oil

An oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents. This general definition includes vegetable oils, volatile essential oils, petrochemical oils, and synthetic oils....

 and mining

Mining

Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...

 entrepreneur

Entrepreneur

An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...

 on a global scale. His first successful venture was Gulfstream Resources which, in 1976, co-discovered the North Gas Field, offshore Qatar

Qatar

Qatar , also known as the State of Qatar or locally Dawlat Qaṭar, is a sovereign Arab state, located in the Middle East, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Its sole land border is with Saudi Arabia to the south, with the rest of its...

. This field remains today as the single largest known gas accumulation in the world.

From the 1970s through the 1990s Lundin established numerous natural resource companies both in the mining sector and the oil & gas sector, which in turn made a number of world class discoveries in the Middle East

Middle East

The Middle East is a region that encompasses Western Asia and Northern Africa. It is often used as a synonym for Near East, in opposition to Far East...

, Africa

Africa

Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...

, Europe

Europe

Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

 and South America. Several of these deposits are still producing commercial quantities of oil, gas

Gas

Gas is one of the three classical states of matter . Near absolute zero, a substance exists as a solid. As heat is added to this substance it melts into a liquid at its melting point , boils into a gas at its boiling point, and if heated high enough would enter a plasma state in which the electrons...

, gold

Gold

Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...

, copper

Copper

Copper is a chemical element with the symbol Cu and atomic number 29. It is a ductile metal with very high thermal and electrical conductivity. Pure copper is soft and malleable; an exposed surface has a reddish-orange tarnish...

 and other minerals; others are still under development.

In 1998, he was named International Swede of the Year

International Swede of the Year

International Swede of the Year is a prize awarded by the Society for expatriate Swedes and the Swedish daily Dagens Industri.*2009 contenders include: katarina muhr, sara windengard, carl nilsson, c1 representatives*2008 Anne Sofie von Otter, opera singer....

by His Majesty the King of Sweden

Carl XVI Gustaf of Sweden

Carl XVI Gustaf is the reigning King of Sweden since 15 September 1973, succeeding his grandfather King Gustaf VI Adolf because his father had predeceased him...

. In 2002, he received an honorary doctorate degree

Doctor (title)

Doctor, as a title, originates from the Latin word of the same spelling and meaning. The word is originally an agentive noun of the Latin verb docēre . It has been used as an honored academic title for over a millennium in Europe, where it dates back to the rise of the university. This use spread...

 from Plekhanov

Georgi Plekhanov

Georgi Valentinovich Plekhanov was a Russian revolutionary and a Marxist theoretician. He was a founder of the Social-Democratic movement in Russia and was one of the first Russians to identify himself as "Marxist." Facing political persecution, Plekhanov emigrated to Switzerland in 1880, where...

 Russian Academy of Economics in Moscow

Moscow

Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...

.

Retirement

After retirement, he became the Honorary Chairman of Lundin Petroleum AB, the Chairman of Vostok Nafta Investment Ltd and a Director of North Atlantic Natural Resources AB, Atacama Minerals Corp., Champion Resources Inc., South Atlantic Ventures Ltd, Tenke Mining Corp. and Valkyries Petroleum Corp.

Adolf Lundin died in 2006, aged 73, from leukemia

Leukemia

Leukemia or leukaemia is a type of cancer of the blood or bone marrow characterized by an abnormal increase of immature white blood cells called "blasts". Leukemia is a broad term covering a spectrum of diseases...

. He is survived by his wife, Eva Wehtje, whom he married in 1957, and their four children.