Wintershall Dea losses top £1billion as Covid cuts oil and gas prices
Wintershall Dea of Germany saw losses widen to more than £1billion in 2020 as Covid-19 brought down commodity prices.
Wintershall Dea
Neptune strikes deal with Wintershall Dea for German oil and gas fields
Private-equity backed Neptune Energy will buy interests in several German oil and gas fields from Wintershall Dea.
Digitalisation event to focus on people over technology
Business intelligence company, Offshore Network, are next month hosting the Upstream Digital Transformation Conference, a digitalisation event, but not one that’s looking at technology. Instead the event focuses on the ‘people’ aspects of digital transformation, with sessions including discussions on culture change, skills and collaboration.
Chrysaor-Premier Oil deal could be ‘harbinger of things to come’
Private equity firms that piled into oil-production assets in the past few years now find themselves stuck, and forced to contemplate novel ways to make an exit.
‘We don’t want to bury the past’ – Wintershall Dea publishes book outlining history under Nazi rule
The insidious nature of National Socialism in Germany between 1933 and 1945 meant its impact was felt across society, from the dinner table to the boardroom.
Wintershall Noordzee develops third Sillimanite well
Netherlands-based Wintershall Noordzee has completed the third development well at the Sillimanite field in the southern North Sea.
Wintershall DEA will ‘rely’ on remote working post-pandemic
Wintershall DEA will “rely” on remote working as the norm once the Covid-19 pandemic is over.
Sonatrach replaces OB1 pipeline
Sonatrach has begun using its R-OB1 oil pipeline, rehabilitating a previous link dating from 1959.
Wintershall Noordzee overcomes Covid to tap new southern North Sea well
Russo-German firm Wintershall Noordzee has overcome Covid-19 to start production from a second well at the Sillimanite gas field in the southern North Sea.
Wintershall Dea makes discovery in Norwegian Sea
Wintershall Dea has made an oil discovery at the Bergknapp prospect in the Norwegian Sea, close to the Maria field.
Wintershall Dea hits first gas at UK-Dutch North Sea field
Wintershall Dea has achieved first gas at the Sillimanite field, a development stretching across the UK and Dutch sectors of the North Sea.
Equinor starts drilling carbon and storage well off Norway
There were six exploration wells active offshore Norway as of December 30. One well was completed, and three were spudded in December.
OGA consent takes Halo closer to southern North Sea deal
Hague and London Oil (Halo) has moved a step closer to completing its acquisition of stakes in a southern North Sea project after receiving UK regulatory approval.
Wintershall Dea among 2020 IPO candidates as Europe hopes for revival
Equity capital markets bankers won’t be sad to close the door on a miserable 2019 in Europe. Though some of the elements that made for a volatile environment for initial public offerings are still in play, there is reason to hope 2020 will bring fairer weather.
Wintershall Dea to divest stakes in Norwegian infrastructure
Wintershall Dea will sell its 5% interest in the Nyhamna terminal to CapeOmega and its 13.3% interest in the Polarled pipeline to Solveig Gas Norway.
Size of Spirit Energy may limit potential buyers, says analyst
The size of Spirit Energy's operation will limit any potential buyers to well-funded firms, according to an analyst.
Neptune swoops for stakes in German fields
Neptune Energy will acquire interests in a number of oil and gas fields in Emsland and the Grafschaft Bentheim region in Germany from Wintershall Dea.
Wintershall Dea’s chief financial officer appointed
BASF and LetterOne have agreed to hire Paul Smith as future chief financial officer of Wintershall DEA.
Wintershall and Dea sign ‘definitive’ merger agreement
German oil firms Wintershall and Dea confirmed they will merge today after signing a 'definitive transaction agreement'.