Wintershall Dea GmbH

About

With the merger of Wintershall Holding GmbH and DEA Deutsche Erdoel AG, two successful companies with a long tradition have formed Europe’s leading independent natural gas and oil company: Wintershall Dea. The company with German roots and headquarters in Kassel and Hamburg explores for and produces gas and oil in 13 countries worldwide in an efficient and responsible manner. With activities in Europe, Russia, Latin America and the MENA region (Middle East & North Africa), Wintershall Dea has a global upstream portfolio and, with its participation in natural gas transport, is also active in the midstream business.

Wintershall Dea stands for more than 120 years of experience as an operator and project partner along the entire E&P value chain. The company employs around 4,000 people worldwide from over 60 nations. The company plans to increase its average daily production from around 590,000 barrels of oil equivalent to a range of 750,000 to 800,000 barrels in the period between 2021 and 2023. In the medium term, an initial public offering of Wintershall Dea is envisaged.

Editor's note: Updated July 25, 2019.

Headquarters Address

Hamburg
Germany

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News

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Wintershall Dea transferred its 50% stake to its long-standing partner in southern Russia by mutual agreement.

The discovery is estimated to hold between 33-70 million barrels of oil equivalent, Wintershall Dea said.

The startup is part of the three-phase development of five gas fields.

Transactions

Report Date Amount (MM) Description
2022-01-17 $140.00

German Firm Sells Half of Vaca Muerta Shale Holdings for $140 Million

German Firm Sells Half of Vaca Muerta Shale Holdings for $140 Million

Report Date Amount (MM) Description
2019-07-25

ConocoPhillips Forms Vaca Muerta Partnership With Wintershall Dea

ConocoPhillips Forms Vaca Muerta Partnership With Wintershall Dea

Report Date Amount (MM) Description
2017-12-07

BASF Plans To Merge Its Oil Unit Wintershall With DEA

BASF Plans To Merge Its Oil Unit Wintershall With DEA

Report Date Amount (MM) Description
2017-12-07

BASF Plans To Merge Its Oil Unit Wintershall With DEA

BASF Plans To Merge Its Oil Unit Wintershall With DEA

Report Date Amount (MM) Description
2017-12-07

BASF Plans To Merge Its Oil Unit Wintershall With DEA

BASF Plans To Merge Its Oil Unit Wintershall With DEA