(IN BRIEF) BASF has completed the sale of Wintershall Dea’s international E&P operations, excluding Russia, to Harbour Energy plc ahead of schedule after securing all regulatory approvals. The $11.2 billion deal includes cash payments, Harbour shares, and the transfer of … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Technology
Tagged 2P reserves, BASF, carbon capture and storage, CCS licenses, Dawn Summers, Dirk Elvermann, E&P assets, Hamburg headquarters closure, Hans-Ulrich Engel, Harbour Energy, international energy transaction, Kassel headquarters closure, Larissa Janz, London Stock Exchange, Mario Mehren, oil and gas divestment, oil production, partnership, Paul Smith, Russia exit, SEFE Securing Energy for Europe, Stefan Schnell, sustainability, WIGA Transport Beteiligungs, Wintershall DEA
CEO informs Hamburg’s First Mayor about the merger between Wintershall and DEA HAMBURG, 04-Dec-2018 — /EuropaWire/ — Germany’s largest natural gas and crude oil producer advocates greater use of liquefied natural gas (LNG) in maritime shipping. “Europe’s ports need LNG … Read the full press release
BASF and LetterOne will create the leading independent European oil and gas company LUDWIGSHAFEN, 01-Oct-2018 — /EuropaWire/ — BASF and LetterOne signed a definitive transaction agreement to merge their respective oil and gas businesses in a joint venture, which will operate … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Management
Tagged BASF, DEA, Dr. Hans-Ulrich Engel, gas, LetterOne, Mario Mehren, oil, Wintershall, Wintershall DEA
A further milestone has been achieved! Novy Urengoy, Russia, 04-Oct-2016 — /EuropaWire/ — A further milestone has been achieved! Achimgaz, a joint venture from Wintershall and Gazprom, has recently passed the impressive production level of 20 billion cubic meters of natural … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial, Russia
Tagged Achimgaz, Achimov formation, Gazprom, Mario Mehren, natural gas, Novy Urengoy field, Thilo Wieland, Wintershall
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