Wintershall Dea: Transfers Wolgodeminoil Stake to Ritek
Wolgodeminoil, the joint venture between Wintershall Dea and RITEK, a subsidiary of the Russian oil and gas producer LUKOIL, is to become wholly owned by RITEK. On 27 May 2021, Wintershall Dea transferred its 50 per cent stake to its long-standing partner in southern Russia by mutual agreement. The transfer has …
Wintershall Dea: Reduce Greenhouse Gases Quickly and Efficiently, With Gas it’s Possible!
In a landmark ruling, the Federal Constitutional Court has demanded changes to the German Climate Protection Act. The federal government must now amend the law. “With a technology-neutral approach that includes gas, it is possible to save CO2 emissions on the necessary scale – in Germany and Europe,” writes Mario Mehren, …
Severneftegazprom: Five Billion Cubic Metres Turonian Gas Produced
Severneftegazprom, a joint venture of Wintershall Dea, Gazprom, and OMV, is successfully advancing the development of the hard-to-recover Turonian deposits of the Yuzhno-Russkoye oil, gas and condensate field in Western Siberia. In April 2021, the company reached an important milestone: five billion cubic metres of Turonian gas produced since the …
Wintershall Dea Q1 2021 Results: Record Production and Strong Financial Performance
Wintershall Dea, Europe’s leading independent gas and oil company, today reported its first quarter 2021 results. Mario Mehren, Wintershall Dea Chairman & CEO, commented: “We entered 2021 with a great deal of operating momentum, allowing us to deliver record production of 659 mboe/d in the first quarter. This strong operational performance …
Gazprom and Wintershall Dea Begin Production from Block 5А in Achimov Formations of Urengoyskoye Field as Part of Comprehensive Testing
Achim Development, a joint venture of Gazprom and Wintershall Dea, started gas and gas condensate production from Block 5А in the Achimov formations of the Urengoyskoye field within the framework of comprehensive testing (hot commissioning) of the project equipment. Earlier in January 2021, hydrocarbon production began at Block 4А in the Achimov formations of the Urengoyskoye field. Currently, both blocks – 4А and 5А – are …
Achim Development: First Gas
Achim Development LLC, the youngest joint venture between Gazprom PJSC (74.99 per cent) and Wintershall Dea GmbH (25.01 per cent), has successfully started hot commissioning of Area 4A of the Urengoyskoye oil, gas and gas condensate field in Western Siberia, and has produced first gas and condensate from the licence …
After COVID-19: Wintershall Dea Will Rely Globally on Mobile and Flexible Working
Wintershall Dea will establish mobile working as standard practice even after the pandemic. “We aim to achieve a mix, a hybrid working model, for when the pandemic is over. We call it Flex Forward at Wintershall Dea,” says Mario Mehren, CEO of Wintershall Dea, Europe’s leading independent gas and oil …
Achimgaz Produced its 50th Billion Cubic Metre of Natural Gas
Joint venture of Wintershall Dea and Gazprom Dobycha Urengoy hits production landmark Achimov 1A is the largest licence area in Wintershall Dea‘s portfolio in terms of reserves Construction works for production start-up at Achim Development underway A new milestone in Western Siberia: Achimgaz, a 50:50 joint venture of Wintershall Dea …
Severneftegazprom Produced 300 Billion Cubic Metres of Natural Gas
• The joint venture between Gazprom, Wintershall Dea and OMV reaches an important milestone • The Yuzhno-Russkoye field is a significant pillar of European energy security • Innovative solutions and pioneering spirit are key to successful development of challenging formations Krasnoselkup/Kassel. Severneftegazprom, a joint venture between Gazprom, Wintershall Dea and …
Wintershall Dea a Successful First Year: a European Champion for Gas and Oil
Wintershall Dea is celebrating its first anniversary. Wintershall Holding GmbH, based in Kassel, and DEA Deutsche Erdoel AG, based in Hamburg, merged on 1 May 2019 with the goal of becoming Europe’s leading independent natural gas and oil company. The merger brought together two long-standing E&P players that complement each …