Press releases & news

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

Cairo, 12.02.2019

DEA awarded new licence in the Onshore Nile Delta

The Egyptian Natural Gas Holding Company (EGAS) has awarded one new licence to DEA in its 2018 Bid Round. The East Damanhour exploration block (originally offered as Block 10) is covering 1,418 square kilometres and is located west of the Disouq development leases, where DEA is the operator with a licence share of 100%.

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Cairo, 11.02.2019

Next Milestone for West Nile Delta

DEA and operator BP commenced production from additional two West Nile Delta (WND) gas fields, Giza and Fayoum. Gas is flowing ashore from the recently completed eight wells through new subsea infrastructure and pipelines. The West Nile Delta development has reached first gas from the two fields on schedule and below budget. Giza and Fayoum will initially produce around 400 million cubic feet of gas per day (mmscfd) and are expected to ramp up to a maximum rate of approximately 700 mmscfd.

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Hamburg, 28.01.2019

New Perspective for Natural Gas

The phase out plan of the coal commission is a positive step towards achieving Germany’s climate targets. At the same time, the plan shaped the structural changes in the affected regions. Natural gas produced in Germany and imported from Russia, Norway, the Netherlands and North Africa is available as a substitute for coal-fired electricity.

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Stavanger, 15.01.2019

DEA awarded nine new licences in Norway

New promising exploration licenses awarded in the 2018 APA round expand DEA’s portfolio.

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Hamburg, 10.01.2019

DEA Deutsche Erdoel AG turns 120

The oil and gas production company DEA Deutsche Erdoel AG turned 120 years today. DEA is one of the most long-standing E & P companies in the world and was one of the first players at the dawn of the commercial oil production era. In Germany, DEA has provided important economic stimulus and made a significant contribution to the domestic energy supply.

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Hamburg, 01.01.2019

Successful divestment of DEA’s gas storage facilities in Bavaria

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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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