On her first day as chief executive of DEA, Maria Moraeus Hanssen announced a time for change in the industry.
Wintershall today confirmed successful start-up of its Maria field, one year ahead of schedule.
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.
Norway has given Wintershall the go-ahead to drill a wildcat well off Norway. North Atlantic Drilling’s West Phoenix rig will be used to drill the well, about 120 kilometres southwest of the Aasta Hansteen field. Wintershall has a 40% operated stake in licence 894, Statoil Petroleum has 40% and Petoro had 20%.
German energy firm Wintershall's chairman said today that industry needs to more stoic and pro-active if it wants to emerge from the downturn in good condition.
Faroe Petroleum's boss said yesterday that the North Sea mergers and acquisitions market is “hotting up” as players become more “impatient”.
Norway has given German firm Wintershall permission to drill an exploration well on the Balderbra prospect in the Norwegian Sea.
Germany’s Wintershall said today that first oil from its flagship Norwegian project could be brought forward to the first half of 2018.
Shell is among a group of five energy companies who have agreed to stump up funding for the Nord Stream 2 project.
German oil giant Wintershall has been granted permission to use the Deepsea Stavanger to drill on the Maria field.
Wintershall managed to increase its production 50% over the last 10 years.
Wintershall's chief executive said he has no plans for mass layoff as the firm looks to continue to trim down costs.
Wintershall today confirmed the start of drilling operations on its flagship Maria project.
Wintershall today said it achieved record production in 2016, hitting 165 million barrels oil equivalent.
The Skarfjell licence partners moved a step closer to a final decision on the field after agreeing a development plan.
German’s Wintershall said today that the achievement of first oil from a North Sea field had strengthened its position as one of the top producers on the Norwegian continental shelf.
With exploration drilling at its lowest activity level for decades, Energy Voice was not optimistic about finding many stories about oil discoveries from 2016.
Wintershall has picked CHC to provide helicopter services in support of the drilling programme on the Maria Field in the Norwegian Sea.
Wintershall Norge has been hit with a non-conformity by the Petroleum Safety Authority (PSA) after an audit was carried out of its barrier management at Brage.
Wintershall said it has no planned exploration wells in Norway next year.
Wintershall Norge has struck a deal to sell its 10% stake in the Yme license to Okea.
Wintershall has made North Sea oil discovery, the Norwegian Petroleum Directorate (NPD) today confirmed.
BASF SE’s Wintershall unit is studying how it can participate in a project to expand a link from Russia to Germany into the European Union’s biggest gas import point.
Wintershall’s success with its Maria project proves the company wasn’t crazy to take it on, according to the firm’s executive director of exploration and production in Europe.