In May 2019 the merge between Wintershall Holding GmbH (founded 1894) and DEA Deutsche Erdoel AG (founded 1899) was finalized. The merger brings together 2 long established and developed German companies, creating the world’s largest privately-held energy company. The new company aims for a stock market listing in the second half of 2020.
Wintershall Dea has a balanced global upstream portfolio with activities in Europe, Russia, Latin America and the MENA region (Middle East & North Africa), operating in 13 countries worldwide. With its shareholdings in natural gas transport, the company is also active in the midstream business.
The current daily production adds up to around 590,000 barrels of oil equivalent (boe). The company plans to increase its average daily production to 750,000 and 800,000 barrels between 2021 and 2023. The company‘s proved reserves amount to 2.4 billon boe.
Combining the extended project pipeline, German engineering in exploring, developing and producing from highly complex gas and oil fields and a unique set of skills leads to sustainable and organic growth in the future.
Wintershall Dea in Norway
In Germany, the company is the largest producer, in Norway it is one of the Top 5. Furthermore, Wintershall Dea is also working in Denmark, the UK and the Netherlands.
Wintershall Dea Norge AS is the fifth largest oil and gas company measured in total net production. With headquarters in Stavanger and an office in Bergen, Wintershall Dea has a clear growth strategy in Norway and is ready to strengthen its position on the shelf.
Today, Wintershall Dea Norge is present in more than 100 licenses on the NCS. In the previous allocation round (APA) in 2018, the two companies received a total of 15 new production licenses – five of them as operator.
Wintershall Dea Norge is now operator for three producing fields: Brage, Vega and Maria and is also operator for the fields Nova and Dvalin which are in the development phase.
Wintershall Dea in Germany
Wintershall Dea’s roots lie in Germany. The company has been active there for more than eight decades. It currently produces from 15 oil fields and around 40 gas fields.
Its two headquarters are also located in Germany: in Kassel and Hamburg.
Wintershall Dea has a global upstream portfolio with activities in Europe, Russia, Latin America and the MENA region (Middle East & North Africa). With its shareholdings
in natural gas transport, the company is also active in the midstream business.