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.
ADNOC and UK-listed Harbour Energy are both reported to be considering a deal for BASF's Wintershall Dea business.
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
Smith declined to comment on recent speculation that Wintershall was considering a sale of its stake in Ghasha.
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.
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 companies have been offered exploration licences for CO2 storage in two areas of the Norwegian North Sea.
‘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.
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, 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 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 has found gas onshore in Egypt’s Nile Delta and is considering a tie-back to nearby infrastructure at Disouq.
Gazprom has stakes in five licences in the UK North Sea.
Wintershall DEA is to press ahead with development of Dvalin North, the largest discovery in Norway in 2021.
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 is to join a consortium developing a greenport hub on the Danish coast, linked to the country’s flagship Greensand carbon capture scheme.
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 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 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.
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.
Wintershall Dea has begun first oil production at its operated Nova field in the Norwegian North Sea.
Repsol has exercised its pre-emption rights to buy some of departing Edison’s stake in the Reggane Nord project, in Algeria.
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 Dea is increasing its stake in the Reggane Nord project, in Algeria, with the German company talking of long-term growth.
Germany has officially launched construction of an LNG terminal at Wilhelmshaven, while signing up preliminary agreements for four FSRUs.
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.