Wintershall Dea AG
Company description
Wintershall Dea AG, headquartered in Kassel, Germany is an international oil and gas company focusing on upstream activities, including exploration and production. It was formed in 2019 through the merger of Wintershall Holding GmbH and DEA Deutsche Erdoel AG. Wintershall Dea is jointly owned by BASF (through its subsidiary Wintershall) and LetterOne. BASF holds a 67% stake, and LetterOne holds a 33% stake in the company. It is actively involved in the exploration and production of oil and natural gas and has a diverse portfolio of upstream assets, including both onshore and offshore projects. It operates in various regions globally, including Europe, the Middle East, North Africa, and Latin America. It primarily focuses on upstream activities, such as exploring new oil and gas reserves and developing existing fields for production.
Company details
Participation in projects
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The company has not participated in any projects.
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Company updates
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December 27, 2023
Harbour Energy Reached Agreement for Acquisition of Wintershall Dea's Upstream Assets
Harbour Energy has agreed with BASF and LetterOne, Wintershall Dea’s shareholders, to acquire its upstream assets across Norway, Germany, Denmark, Argentina, Mexico, Egypt, Libya and Algeria for...
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December 22, 2017
BASF and LetterOne sign letter of intent to create Wintershall DEA
BASF and LetterOne have signed a letter of intent to merge their respective oil and gas businesses in a joint venture, which would operate under the name Wintershall DEA.
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April 28, 2017
Nord Stream 2 secures financing with five European companies
The Nord Stream 2 project, being pursued by Gazprom, has taken another important step towards its implementation, responding to the need of the European Union for additional gas imports and thereby im...
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January 21, 2015
Gazprom becomes 100% owner of abandoned South Stream gas pipeline
Gazprom has signed an agreement with Eni (20%), EDF (15%) and Wintershall (15%) to acquire their 50% stake in South Stream Transport B.V.
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September 16, 2014
BASF subsidiary Wintershall acquires oil and gas assets in Norway
BASF Group company Wintershall is further expanding its oil and gas production and reserves in the North Sea, Norway.
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