News

Here you will find the most important company news as well as current financial news.

Company News, 16.01.2018

New licences for DEA in Norway

DEA wins promising exploration licenses in the 2017 Awards in Predefined Areas (APA).

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Company News, 04.01.2018

New DEA CEO

Maria Moraeus Hanssen announces a time for change on her first day as CEO and Chairman of the Board of Management of DEA Deutsche Erdoel AG.

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Company News, 21.12.2017

PDO for the Snorre Expansion Project submitted

DEA invests $244 million to secure production from the Norwegian Snorre field for another 25 years.

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Company News, 18.12.2017

First gas achieved from Algerian Gas Project Reggane Nord

Successful production start of the Reggane Nord project in the Algerian Sahara. Up to 280 million cubic feet of gas per day (gross) planned for 2018.

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Company News, 15.12.2017

Successful gas infrastructure divestment in Norway

DEA sells its ownership in the Nyhamna onshore gas processing plant, Polarled gas pipeline and Gassled, the Norwegian gas transportation network, to CapeOmega.

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Company News, 15.12.2017

Ærfugl project in motion

DEA Norge and its joint venture partners submitted the final Plan for Development and Operation (PDO) for the gas condensate field Ærfugl (former Snadd) in the Norwegian Sea to the Ministry of Petroleum and Energy.

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Company News, 07.12.2017

Ad hoc release of DEA Finance S.A.

DEA Finance S.A. announces that LetterOne, the shareholder of the DEA Group, has confirmed it has signed a Letter of Intent with BASF to combine the parties' oil and gas businesses in a joint venture to be named Wintershall DEA.

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Company News, 06.12.2017

DEA signs Memorandum of Understanding in Algeria

DEA Deutsche Erdoel AG and the Algerian state company SONATRACH have signed a Memorandum of Understanding (MoU).

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Company News, 24.11.2017

DEA Finance SA confirms discussions between LetterOne and BASF

DEA Finance SA announces that LetterOne, the shareholder of the DEA Group, has confirmed that the BASF Group is in discussions with LetterOne regarding a potential merger of the BASF Group's oil and gas activities with LetterOne's oil and gas activities, which comprise of the DEA Group.

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Company News, 22.11.2017

DEA awards Dvalin drilling contract to Transocean

Transocean Norway Operations AS with the drilling rig Transocean Arctic is awarded the contract to drill production wells at the Dvalin field in the Norwegian Sea.

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