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Tag: Wintershall Dea
Wintershall Dea

Wintershall Dea expands interest in the Algerian Reggane Nord gas project

Posted: May 6, 2022 at 3:25 pm   /   Oil & Gas

Agreement to acquire additional 11.25% participating interest from Edison Decision is part of plan to grow in Algeria Country with major potential for an enhanced energy partnership with Europe Wintershall Dea continues to strengthen its presence in Algeria. As of 4 May, the company has entered into a sale and purchase agreement to acquire Edison’s […]

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Wintershall Dea CEO Mehren: “The War Marks a Fundamental Turning Point”

Posted: April 28, 2022 at 2:21 pm   /   Oil & Gas

SPECIAL MEDIA CALL AND Q1 2022 RESULTS: In a special media call, Wintershall Dea CEO Mario Mehren has described the Russian war of aggression against Ukraine as “a fundamental turning point for Wintershall Dea.” Days into the war, Wintershall Dea announced the impairment of Nord Stream 2 financing, stopped payments into Russia and said a […]

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Wintershall Dea

Wintershall Dea writes off financing of Nord Stream 2

Posted: March 3, 2022 at 11:44 am   /   Oil & Gas

No additional projects in Russia will be advanced or implemented. Payment transactions already stopped. Critical infrastructure will continue to be operated. Joint statement from Works Council and Executive Board. Wintershall Dea AG’s Management Board has decided not to advance or implement any additional gas and oil production projects in Russia and to write off its […]

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Wintershall Dea

Wintershall Dea divests its interest in the Gulf of Suez concession

Posted: February 3, 2022 at 3:40 pm   /   Oil & Gas

Transfer of interest to the Egyptian General Petroleum Corporation after 38 years of efficient production. Proud history in Egypt will continue. Stronger focus on production of natural gas. As of 1st January 2022, after 38 years of economic and efficient production from the Gulf of Suez, Wintershall Dea is closing this chapter of its long […]

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Wintershall Dea

Wintershall Dea drives transformation of the Gas Industry with Hydrogen and CCS

Posted: January 18, 2022 at 10:51 pm   /   Oil & Gas

CEO Mario Mehren stresses at the start of the year: Gas industry is part of the solution for more climate protection. Appeal to policymakers: Revised hydrogen strategy should take hydrogen from natural gas into account. Set the course quickly: Building new gas-fired power plants will be needed to secure the energy supply. Wintershall Dea is […]

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Wintershall Dea COO Dawn Summers meets with Egypt’s Petroleum Minister Tarek El Molla

Posted: November 18, 2021 at 12:15 pm   /   Oil & Gas

Wintershall Dea Chief Operating Officer Dawn Summers and Senior Vice President & Managing Director, BU Egypt, Sameh Sabry, met with His Excellency, Engineer Tarek El Molla, Egyptian Minister of Petroleum, at ADIPEC 2021. They discussed Wintershall Dea’s long-standing commitment as a reliable partner and investor in Egypt, as well as the bright outlook for Egypt […]

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Wintershall Dea

Wintershall Dea making significant progress in its innovative hydrogen and carbon capture and storage (CCS) projects

Posted: October 31, 2021 at 12:14 pm   /   Oil & Gas

Wintershall Dea, Europe’s leading independent oil and gas company, is making significant progress in its innovative hydrogen and carbon capture and storage (CCS) projects in North-Western Europe. Wintershall Dea’s portfolio of CCS and hydrogen projects is a crucial part of implementing the company’s Energy Transition Pathway (ETP). With the Energy Transition Pathway, Wintershall Dea set […]

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Wintershall Dea

Wintershall Dea Q3 2021 Results: Extraordinary Commodity Price Environment Driving Strong Financial Performance

Posted: October 29, 2021 at 8:43 pm   /   Oil & Gas

Wintershall Dea, Europe’s leading independent gas and oil company, today reported its third quarter 2021 results. Mario Mehren, Wintershall Dea Chairman & CEO, commented: “Q3 2021 was an exceptional quarter underpinned by a constructive commodity price environment, and in particular by European gas prices which are expected to stay high throughout the winter. Our financial performance […]

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Wintershall Dea sees output rise from new production coming online in Egypt, Russia

Posted: July 27, 2021 at 8:55 pm   /   Oil & Gas

Q2 2021 Results: Strong financial performance and continued progress on our strategic priorities. Wintershall Dea, Europe’s leading independent gas and oil company, today reported its second quarter 2021 results. Mario Mehren, Wintershall Dea Chairman & CEO, commented: “Q2 proved to be an excellent quarter for Wintershall Dea. Our strong operational and financial performance allowed us to […]

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Wintershall Dea takes new step forward, becomes joint-stock company

Posted: July 27, 2021 at 8:49 pm   /   Oil & Gas

Wintershall Dea, Europe’s leading independent gas and oil company, has converted its legal form from a limited liability company (Gesellschaft mit beschränkter Haftung – GmbH) to a joint-stock company (Aktiengesellschaft – AG), under the company name Wintershall Dea AG. This happens as another long-planned step agreed by our shareholders at the time of the merger. The […]

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