The merger between oil and gas firms Wintershall and DEA has been completed, creating the largest independent exploration and production company in Europe.
A merger between German oil firms Wintershall and Dea will result in the loss of up to 1,000 jobs, the companies confirmed last night.
John Browne’s return to the top of an oil company started with a phone call from a Russian oligarch who had $10 billion burning a hole in his pocket.
German oil firms Wintershall and Dea confirmed they will merge today after signing a 'definitive transaction agreement'.
Watch as the huge H25 module is lifted on board, performed the huge "monster" Saipem 7000.
The offshore installation campaign for the Dvalin gas field in the Norwegian Sea has got underway.
European oil majors are swarming the shallow-waters of the Gulf of Mexico as the country races to attract investment before an election.
German exploration firm Wintershall says it will engage with the UK government over a move which would see a Russian billionaire becoming part-owner of a North Sea gas field.
German oil firms Wintershall and Dea will be merged after their parent companies struck an agreement.
Petrochemicals firm BASF and financial holding company LetterOne are in talks over a potential merger of their oil and gas businesses.
German energy firm Dea has booked a Transocean rig to drill production wells at the Dvalin field in the Norwegian Sea.
Germany's DEA has made a bid for DONG's North Sea oil and gas assets, according to Norwegian media.
The Skarfjell licence partners moved a step closer to a final decision on the field after agreeing a development plan.
Faroe Petroleum said today that the Pil and Bue discoveries in the Norwegian Sea will be tied back to the Njord platform.
Maersk Oil has given away a 20% stake in the Dvalin field on the Norwegian Continental Shelf.
DEA Norge has submitted its NOK10billion development plan for the Dvalin discovery to the Norwegian Petroleum Directorate.
Dea has gained an extension of its deadline to submit a development plan for the Zidane project in the Norwegian North Sea.
Oil and gas firm DEA, controlled by Russian billionaire Mikhail Fridman, is eyeing more Norway deals, the firm's recently appointed Norway manager said in an interview
The Norwegian Ministry of Petroleum has warned Dea Norway and associates to put forward a plan for the Zidane project soon.
The Danish Energy Agency has awarded German energy firm DEA two licences, enabling it to become an operator in Denmark for the first time.
OneSubsea, the Cameron-Schlumberger company, has been awarded a contract from BP and partner DEA, to supply subsea production systems offshore Egypt in the West Nile Delta.
Subsea 7 has been awarded a contract by BP, and partner DEA for the development of the Giza, Fayoum and Raven subsea fields offshore Alexandria, Egypt.
The chief executive of Ineos Jim Ratcliffe said the company's purchase of a number of North sea assets was a "sensible" move as it looks to expand its oil and gas reach.
BP has increased its working interest in the West Nile Delta project in Egypt.
INEOS today confirmed it purchased all of DEA Deutsche Erdoel's UK North Sea gas fields.