LNG

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.

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.