Wintershall Dea has achieved first gas at the Sillimanite field, a development stretching across the UK and Dutch sectors of the North Sea.
There were six exploration wells active offshore Norway as of December 30. One well was completed, and three were spudded in December.
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.
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 will sell its 5% interest in the Nyhamna terminal to CapeOmega and its 13.3% interest in the Polarled pipeline to Solveig Gas Norway.
The size of Spirit Energy's operation will limit any potential buyers to well-funded firms, according to an analyst.
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.
BASF and LetterOne have agreed to hire Paul Smith as future chief financial officer of Wintershall DEA.
German oil firms Wintershall and Dea confirmed they will merge today after signing a 'definitive transaction agreement'.