LetterOne Received 15% in Harbour Energy after Closing the Wintershall Deal
LetterOne International Investment Group, founded by Russian entrepreneurs Mikhail Fridman, Peter Aven and Alexey Kuzmichev, has received a 15% stake in the Scottish oil production company Harbour Energy. According to a statement released by Harbour Energy, on Wednesday the company closed a deal to acquire assets of the German Wintershall …
The Story of Wintershall Dea, which Severed Ties with the Russian Federation, Ended with the Sale of Its Main Assets
The British independent mining company Harbour Energy has completed the purchase of the main mining assets of the German Wintershall Dea, which was the largest oil and gas company in Germany. According to the Wintershall Dea report, since September 3, Wintershall Dea‘s exploration and production business (with the exception of …
British Harbour Energy Expects to Close the Acquisition of Wintershall Dea at the Beginning of the Fourth Quarter of 2024
Harbour Energy, the UK‘s largest oil and gas producer, has published results for the first half of the year. The production forecast for 2024 has been improved with confirmation of the forecast for 2025. In the report, the company also said that the results achieved this year in various areas …
Wintershall Dea Leaves the Ghasha Concession in Abu Dhabi with the Participation of LUKOIL
Wintershall Dea has signed an agreement with Indonesia’s PTT Exploration and Production Public Company Limited (PTTEP) to sell its 10% interest in the Ghasha concession in Abu Dhabi. “All conditions required for closing, including regulatory approvals, have been met,” Wintershall Dea said, without specifying the sale price. “The transaction is …
Gazprom Has Launched A Tender For The Sale Of Assets In The North Sea
Gazprom International Limited (a subsidiary of Gazprom) has launched a tender for the sale of assets in the North Sea, including a 50% stake in a joint venture with the German Wintershall Dea, according to the company’s materials on the ETP Gazprombank electronic platform. MKOO Gazprom International Limited has begun …
Wintershall Dea Completes Reserve Assessment For Adriana Gas Condensate Field
Wintershall Dea and its partners Petoro, Aker BP and PGNIG have completed well 6507/4-4 S in the Adriana gas condensate field (GCF) in the Norwegian Sea. The Wintershall Dea press service reported this on February 29, 2024. The Adriana field was discovered in 2021 with exploration well 6507/4-2 S as …
The Kremlin Did Not See the Seizure of Assets in The Decision on The Shares of Wintershall and OMV
The day before, President Vladimir Putin signed decrees depriving Wintershall and OMV of shares in two joint ventures with Gazprom. “There was and is no process of seizure,” says press secretary of the head of state Dmitry Peskov. The decrees of President Vladimir Putin, depriving Wintershall and OMV of shares …
Wintershall Dea is Discussing its Exit from the Joint Venture in Russia with Gazprom
The head of the company, Mario Meren, did not comment on whether it is possible to nationalize Wintershall Dea’s shares in Russian enterprises Germany’s Wintershall Dea is in negotiations with Gazprom regarding its exit from joint ventures in Russia. This was stated by the head of the company, Mario Meren, …
Wintershall Dea Recorded no Disruptions at Its Assets in North Africa
The head of the oil and gas company, Mario Meren, said that the company has no operating assets in Israel The German Wintershall Dea, one of the largest oil and gas companies in Europe, has not recorded any disruptions in the operation of its assets in the Middle East and …
Wintershall Dea’s Net Profit for the Third Quarter Fell by 86%
Wintershall Dea’s adjusted net profit amounted to €61 million; without adjustment, the German company received a loss of €535 million While the German company is discussing with Gazprom how it can exit its assets in the Russian Federation, the report for the third quarter showed that its net profit has …