
Wintershall
We create chemistry for a sustainable future. Established in 1865, in Mannheim, Germany, under the name of Badische Anilin- and Soda-Fabrik, BASF’s first factory was finally built on the other bank of the River Rhein in Ludwigshafen in Bavaria, Germany. Since that time BASF became the world leading chemical company listed in Frankfurt, London and Zurich […]
OMV to replace RWE in Lundin’s Edvard Grieg project In October 2012, the Austrian-based OMV took over the 20% share held so far by the German RWE in the Edvard Grieg offshore project just after that Statoil had acquired 15% from Wintershall in the same project. Previously called Luna, the Edvard Grieg project is led […]
BASF to accelerate upstream business with Wintershall BASF‘s oil and gas subsidiary Wintershall from Germany and Statoil from Norway signed an agreement to swap strategic assets in the North Sea and establish a cooperation framework on the enhanced oil recovery (EOR) technologies. Home-based in Kassel, Germany, Wintershall is a BASF wholly-owned company operating upstream and midstream […]
Shaping The Future Established in 1894 in Germany for drilling and mining potassium salt, Wintershall started the oil production in 1930 and joined the chemical group BASF in Ludwigshafen as a wholly-owned subsidiary in 1969. Based in Kassel, Germany, Wintershall is the largest German crude oil and natural gas producer and operates the largest network of pipelines […]
New players to bid against BP, ExxonMobil, Shell and Total With the onshore concessions expiring in 2014 and the offshore ones coming up in 2018, Abu Dhabi, in the UAE, is to rewrite the terms of its producing fields and offer up fresh prospects. The first oil concessions covering all the Abu Dhabi territory were awarded […]
OMV and Wintershall to appraise Shuwaihat sour gas and condensate field The Abu Dhabi National Oil Company (ADNOC), signed a Technical Evaluation Agreement (TEA) with OMV Abu Dhabi E&P GmbH (OMV) and Wintershall Middle East GmbH – Abu Dhabi (Wintershall) to appraise the sulfur rich sour gas (H2S and CO2) and condensate field in Shuwaihat. This Agreement is […]
Lundin Petroleum received the formal approval from the Norwegian Ministry of Petroleum and Energy to proceed with the $4.2 billion plan development and operation (PDO) of the Edvard Grieg oil field. The Edvard Grieg oil field was previously called Luno and is located in the Norwegian North Sea close to the Tellus discoveries, 180 kilometers west of Stavanger, Norway. It is the first […]