Bloomberg L.P.

Wintershall in Talks to Sell Adnoc Gas Project Stake to PTT

Wintershall Dea GmbH, billionaire Mikhail Fridman’s energy venture with BASF SE, is in advanced talks to sell its minority stake in a Middle Eastern natural gas project to an arm of Thailand’s PTT Pcl ...
Nasdaq

Wintershall Dea to leave Russia, causing net loss at parent BASF

BERLIN/FRANKFURT, Jan 17 (Reuters) - Chemicals giant BASF BASFn.DE> on Tuesday unveiled a 7.3 billion euro ($7.9 billion) non-cash impairment on Wintershall Dea WINT.UL, after the oil and gas ...
Upstream

Wintershall Dea exits milestone Russian oil venture as it shoots for gas in transition

Wintershall Dea has sold off its stake in Russian oil-producing venture Wolgodeminoil, a company billed by the seller as "the longest-standing joint venture for hydrocarbon production between a ...
Rigzone

Wintershall to Expand Position in the North Sea

Wholly-owned BASF subsidiary Wintershall is set to expand its oil and gas exploration and production activities in the North Sea. Wholly-owned BASF subsidiary Wintershall is set to expand its oil and ...
Business Wire

Turbulent Flux and Wintershall Dea Team up to Create Value From Real-Time Well Flow Rates for Production Optimization

OSLO, Norway--(BUSINESS WIRE)--Turbulent Flux, a Software-as-a-Service flow simulation company, today announced a collaboration with Wintershall Dea to provide critical real-time well rate insights ...
Upstream

Wintershall Dea’s adjusted earnings edge higher as it works to rebuild its production

German gas and carbon management company Wintershall Dea on Wednesday posted a 10% increase in first quarter adjusted net income compared to the same quarter of last year, supported by stable first ...
Oil

Wintershall to write off Nord Stream 2 financing, will cease additional projects in Russia

Wintershall Dea will not advance or implement any additional gas and oil production projects in Russia and will write off its financing of Nord Stream 2 totaling around 1 billion euros, in response to ...
Radio Free Europe/Radio Liberty

Putin Orders Seizure Of OMV And Wintershall Dea Stakes In Russian Ventures

Russian President Vladimir Putin has ordered that Germany's Wintershall Dea and Austria's OMV be stripped of multibillion-dollar stakes in gas extraction projects in Russia's Arctic. Under the ...
Reuters

Wintershall Dea CEO says exiting Russia gets harder by the day

CEO says obstacles created "on a daily basis" Cannot give date for withdrawal from assets Exploring how to claim damages Energy too strategic to be handled like other Western assets FRANKFURT, July 27 ...
Nasdaq

Wintershall Dea IPO remains on hold despite strong results

Wintershall Dea's strong quarterly earnings are unlikely to be sufficient to prompt a speedy resurrection of the German oil and gas producer's postponed initial public offering (IPO), its CEO said on ...
Rigzone

Wintershall Dea Makes Significant Discovery

Wintershall Dea has announced that it has made a significant gas, condensate, and oil discovery at the Dvalin North prospect in the Haltenbanken area of the Norwegian Sea. Wintershall Dea has ...