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Tag: Wintershall Dea
WintershallDEA

Wintershall Dea committed to Egypt, investment led to production boost

Posted: July 23, 2019 at 1:08 pm   /   Oil & Gas

Recent merger of Wintershall and DEA formed Europe’s leading independent gas and oil company. Investments in the company’s Egyptian oil and gas business lead to production boost. In early 2018, Wintershall Dea announced the start of an extensive work program in all own-operated Egyptian assets. The company is currently investing more than 500 Million US-Dollars […]

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Wintershall Dea

Wintershall Dea plans to invest $800 million in Egypt during 2019, 2020

Posted: July 22, 2019 at 7:00 pm   /   Oil & Gas

Germany’s Wintershall Dea aims to invest $800 million in Egypt until 2020, the North African nation’s minister of petroleum and mineral resources Tarek El-Molla said. This move reflects the most populous Arab nation’s improved investment climate on the back of economic reforms, El-Molla added in in a statement on Monday. Moreover, Egypt’s arrears to foreign […]

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Winteshall Dea

Wintershall Dea discusses future cooperation in E&P activities with Egypt

Posted: July 10, 2019 at 1:04 pm   /   Oil & Gas

Egypt talks investment options with Germany’s Wintershall Dea: The Oil Ministry met with a delegation from Germany’s Wintershall Dea yesterday to explore investment options, according to a ministry statement. The two sides also discussed an agreement they signed in March for DEA to extend its ownership of the Ras Budran and Zeit Bay oil fields […]

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Eng Sameh Sabry

Wintershall Dea supports Petroleum Sector’s Blood Donation Campaign

Posted: June 19, 2019 at 12:03 am   /   Oil & Gas

Eng. Sameh Sabry, Wintershall Dea’s Senior Vice President and Managing Director – Egypt urges colleagues at Wintershall Dea and SUCO to donate blood and contribute to the Egyptian Petroleum Sector’s Nationwide Blood Donation Campaign. The Egyptian Petroleum Sector’s first Nationwide Blood Donation Campaign was launched today by H.E. Eng. Tarek El-Molla, The Egyptian Minister of […]

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Wintershall Dea

Wintershall Dea seeks European IPO in second half of 2020

Posted: June 12, 2019 at 1:09 pm   /   Oil & Gas

Newly created oil and gas group Wintershall DEA plans to hold an initial public offering in the second half of the next year, its chief executive told Reuters, in a deal that could become one of the largest European listings in 2020. Sources said in April that Wintershall DEA had picked the banks to arrange […]

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190502-WD-COM-Merger

Wintershall Dea: A New European Oil and Gas Champion

Posted: May 2, 2019 at 9:18 am   /   Oil & Gas

Wintershall and DEA Deutsche Erdoel AG join forces to become Europe’s leading independent gas and oil company. Global portfolio with strong growth prospects. Initial public offering (IPO) envisaged for 2nd half of 2020. Wintershall Holding GmbH (Wintershall) and DEA Deutsche Erdoel AG (DEA) have completed their merger. Wintershall Dea is now the leading independent gas […]

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