Update: ADNOC, Harbour said to mull acquisition of BASF’s Wintershall Dea unit
ADNOC and UK-listed Harbour Energy are both reported to be considering a deal for BASF's Wintershall Dea business.
Wintershall Dea
Wintershall Dea acquires 10% stake in UK ’Poseidon’ CCS project
Wintershall Dea has acquired a 10% stake in the Poseidon CCS project, making it the second CCS project it has a hand in within the UK
Wintershall Dea takes Ghasha charge
Smith declined to comment on recent speculation that Wintershall was considering a sale of its stake in Ghasha.
Norway approves 19 new oil and gas projects worth around £14.62 bn
Norway has approved 19 new oil and gas projects in its waters, with total investment topping NOK 200 billion (£14.62 bn), according to the Ministry of Petroleum and Energy.
Wintershall pinpoints Mexico for diversified E&P growth
Speaking this morning at a media roundtable, Wintershall CEO Mario Mehren said the company was focused on two strategic priorities. “Diversification, through moderate growth for our E&P business. And decarbonisation, by building up our carbon management and hydrogen business.”
Four firms awarded CO2 storage exploration licences off Norway
Four companies have been offered exploration licences for CO2 storage in two areas of the Norwegian North Sea.
Crown Prince inaugurates first CO2 shipment at Denmark’s Greensand CCS scheme
‘Big moment’ hailed as Danish CCS project injects CO2 from an Ineos chemicals site in Belgium – marking the first major cross-border transport and storage of emissions in Europe.
Pilot injection at Denmark’s Greensand to begin in early March
Permits from the Danish Energy Agency (DEA) will enable initial CO2 injection to begin at Wintershall Dea and INEOS’ Greensand carbon storage scheme in a matter of weeks.
Equinor and partners find new gas in Norway
Equinor, alongside partners Wintershall Dea and Petoro, have made a commercial gas discovery of up to 69.2 million barrels of oil equivalent (BOE) in the Norwegian North Sea.
Wintershall Dea takes €5.3 billion hit on Russian exit
Wintershall Dea has announced it will ‘fully exit’ Russia, joining the ranks of energy majors pulling out of the country in the wake of its invasion of Ukraine.
Wintershall Dea scores gas find near Disouq
Wintershall Dea has found gas onshore in Egypt’s Nile Delta and is considering a tie-back to nearby infrastructure at Disouq.
Gazprom pays itself £28.7m dividend from UK North Sea business
Gazprom has stakes in five licences in the UK North Sea.
Wintershall DEA moves forward with £670m Dvalin North, a year after discovery
Wintershall DEA is to press ahead with development of Dvalin North, the largest discovery in Norway in 2021.
Denmark grants first permit for CO2 storage
The Danish Energy Agency has granted permission for CO2 injection and storage to begin at the country’s Greensand pilot project, as part of an initial four-month trial.
Wintershall Dea backs CO2 hub in Danish North Sea
Wintershall Dea is to join a consortium developing a greenport hub on the Danish coast, linked to the country’s flagship Greensand carbon capture scheme.
Norway to develop gas find in bid to keep up European flows
Norway will add a new natural gas field in the Norwegian Sea from 2026 in a push to bolster supplies to continental Europe as the EU rushes to replace Russian flows.
TotalEnergies approves $700m Fenix gas project off Argentina
TotalEnergies and its partners have has approved the final investment decision (FID) for the Fenix gas development, around 37 miles off the coast of Tierra del Fuego in southern Argentina.
Equinor and Windershall Dea set to develop Norwegian-German CCS pipeline
Equinor and Wintershall Dea have partnered up in the development of a Carbon Capture and Storage (CCS) value chain connecting continental European CO2 emitters to offshore storage sites on the Norwegian Continental Shelf.
Norway well slot: ConocoPhillips seeks Bounty and Lamba
As of 25 July, Westwood Global Energy reports that there are five exploration wells active, three in the Northern North Sea and two in the Norwegian Sea.
First oil from Norway’s Nova oil field supports UK at ‘crucial time’
Wintershall Dea has begun first oil production at its operated Nova field in the Norwegian North Sea.
Repsol pre-empts Edison sale in Algeria
Repsol has exercised its pre-emption rights to buy some of departing Edison’s stake in the Reggane Nord project, in Algeria.
OKEA buys in as Wintershall exits Brage field
Norwegian late-life specialist OKEA will buy Wintershall Dea’s stakes in a trio of Norwegian fields, including operatorship of the Brage field, 76 miles west of Bergen.
Wintershall bulks up in Algeria amid long-term plans
Wintershall Dea is increasing its stake in the Reggane Nord project, in Algeria, with the German company talking of long-term growth.
Wilhelmshaven takes centre stage for LNG imports and more
Germany has officially launched construction of an LNG terminal at Wilhelmshaven, while signing up preliminary agreements for four FSRUs.
Wintershall DEA writes off €1bn Nord Stream 2 finance
Wintershall DEA says it will not “advance or implement” any oil and gas projects in Russia, and will write off its €1 billion (£830 million) financing of Nord Stream 2.