Germans advance in creating first energy major Wintershall DEA while lacking LNG interests
Wintershall DEA of Germany would become the leading independent oil and gas producer in Europe when the merger is completed by mid-2019 between Wintershall and Deutsche Erdoel AG (DEA), with operations stretching from Argentina’s Shale Basin to Russia, though unusually for an energy company of its size with no presence in the LNG sector.
German oil and gas major Wintershall buys into huge Abu Dhabi gas project ahead of merger
Wintershall, the German oil and gas major, has purchased a 10 percent stake in the Ghasha natural gas mega-project in Abu Dhabi in the United Arab Emirates, boosting the future merger between Wintershall and Deutsche Erdoel AG (DEA) set for 2019.
German firm and partners achieve first gas from project in LNG-producer nation Algeria
German exploration and production company Deutsche Erdoel AG (DEA) said an Algerian natural gas consortium has started output from four out of six gas fields in the Reggane Nord project in the Sahara desert in the southwest of the North African country.
