Wintershall Dea has announced a significant find of gas, condensate, and oil at well 35/11-27 S, situated 100 kilometres southwest of Florø in the North Sea. This exploration, termed “Cuvette,” occurred within production licence 248, originally awarded in 1999. The well tapped into resources across four distinct geological formations, marking a notable stride in the […]
Wintershall Dea, a prominent German oil and gas firm, has completed the divestiture of its 10% participating interest in Abu Dhabi’s Ghasha concession to PTT Exploration and Production Public Company Limited (PTTEP), a major player in Thailand’s energy sector. The terms of the transaction were not disclosed, but all necessary regulatory approvals have been secured, […]
The Zama Unit partners, consisting of Wintershall Dea, Pemex (operator), Talos Energy, and Harbour Energy, have awarded a pivotal Front-End Engineering and Design (FEED) contract to the French engineering firm DORIS. This significant contract involves the design and planning of offshore platforms, extensive pipeline networks, and a new onshore facility at the Dos Bocas Maritime […]
Harbour Energy has announced its agreement with BASF and LetterOne, shareholders of Wintershall Dea AG (“Wintershall Dea”), for the acquisition of a substantial portion of Wintershall Dea’s upstream assets, valued at $11.2 billion. This acquisition includes Wintershall Dea’s upstream assets in various countries, excluding its Russian assets, and marks a significant stride in Harbour’s journey […]
In a major development in the North Sea’s Norwegian sector, Neptune Energy and its partners have announced a new gas discovery at the Kyrre prospect and confirmed significant volumes for the Ofelia appraisal well, both located in the PL 929 license, near the Gjøa field. Neptune Energy has successfully completed the Ofelia appraisal well, 35/6-4 […]
During the State Visit of the King and Queen of Belgium to Germany, a significant agreement was signed between Fluxys, OGE, and Wintershall Dea. This partnership aims to build a cross-border CO2 pipeline, marking a critical step in supporting the decarbonization of hard-to-abate industries in Germany. Fluxys Belgium, OGE, and Wintershall Dea are collaborating on […]
Wintershall Dea, in collaboration with its partners Cheiron Energy, INA, and the Egyptian Gas Holding Company (EGAS), has successfully begun gas production at the ED2-X well in the East Damanhur block, located in the onshore Nile Delta. This significant development comes after the start of exploration in 2021 and the announcement of a gas discovery […]
Equinor has officially announced the start of production for the Statfjord Øst expansion project, located on the Norwegian continental shelf (NCS). The project is six months ahead of schedule and is expected to increase production by a remarkable 26 million barrels of oil equivalents from the Statfjord Øst field. Despite market challenges like inflation and […]
Wintershall Dea, in partnership with Petoro and Sval Energi, has restarted production from the Dvalin gas field in the Norwegian Sea, promising to add significant new gas volumes to the European market. Initially launched in 2020 but temporarily halted due to mercury levels, the Dvalin gas field is back online after installing mercury removal units […]
IBM and Microsoft are joining forces to propel businesses into the next era of generative AI, aiming to help clients swiftly adopt and scale these innovative technologies. Central to this partnership is the newly introduced Azure OpenAI Service by IBM Consulting, available on Azure Marketplace. This fully managed AI service offers developers and data scientists […]