Press releases & news

Here you will find all press releases and the latest company news.

Hamburg, 04.12.2018

DEA to acquire Sierra Oil & Gas in Mexico, including stake in world class Zama discovery

DEA Deutsche Erdoel AG has signed an agreement to acquire Sierra Oil & Gas, a leading independent Mexican oil and gas company. Sierra holds interests in a portfolio of six exploration and appraisal blocks in Mexico, including the world class Zama discovery.

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Hamburg, 30.11.2018

DEA Selects Cognite as Strategic Partner for Digital Transformation

DEA Deutsche Erdoel AG has selected Cognite AS to accelerate digital transformation and value creation by improved use of its existing industrial big data. This strategic partnership will support DEA’s bold plans for digital transformation. The project will start with deployment of the Cognite Data Platform on DEA’s own-operated Mittelplate asset in Germany. DEA aims to scale data analytics and machine learning across its operations on this asset. This will be achieved by integrating all relevant data seamlessly, in order to make it instantly available for consumption as a comprehensive set in the cloud.

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Preparation started for Vibe-1 Exploration Well

First steps towards drilling of an exploration well in the Danish Sector of the North Sea

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First Women@DEA Summit in Hamburg

Implementing diversity: At the first ever Women@DEA Summit, some 150 female DEA employees from all geographies met in Hamburg to exchange perspectives and experience and for networking. The key focus of the event was to identify actions to boost the attractiveness of a profession and career within DEA and the oil and gas industry generally.

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Ludwigshafen/London, 06.11.2018

Paul Smith to be appointed as CFO of Wintershall DEA

BASF and LetterOne today announce their agreement to appoint Paul Smith as future Chief Financial Officer (CFO) and member of the Management Board of Wintershall DEA. The appointment will take effect on closing of the merger of Wintershall and DEA, which is expected in the first half of 2019 and is still subject to customary regulatory approvals.

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Hamburg, 27.09.2018

LetterOne and BASF have agreed to merge their oil and gas businesses to create Wintershall DEA

LetterOne and BASF have today signed a Business Combination Agreement to merge their oil and gas businesses and create Wintershall DEA. Closing of the transaction is subject to customary regulatory approvals.

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Stavanger, 28.08.2018

DEA in Norway: Considering power from wind turbines on the NCS

DEA and the partnerships in the Snorre and Gullfaks licences have decided to explore the possibilities of supplying the Snorre and Gullfaks fields with power from floating offshore wind.

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Stavanger, 27.08.2018

DEA to invest more than two billion Euros in Norwegian oil and gas business

Norway is already the strongest production country in DEA’s global portfolio. Further growth projects are planned to come on stream from 2020 on. Most important project is the development of the own operated Dvalin gas field. DEA aims to double its current production on the Norwegian Continental Shelf (NCS).

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DEA joins UN Global Compact

DEA Deutsche Erdoel AG has joined the UN Global Compact – the world’s biggest and most important initiative for responsible corporate governance. The signers rely for guidance on ten universal principles in respect to human rights, labour standards, environment and anti-corruption.

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New General Manager for DEA Egypt

DEA Deutsche Erdoel AG has named Sameh Sabry as the new General Manager of DEA Egypt. He will take over the responsibilities as of 1 August 2018. On the occasion of the handover, CEO Maria Moraeus Hanssen participated in the farewell reception for Thomas Radwitz who had been General Manager for nearly three years.

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