Press releases

RWE Dea has achieved 30 years oil production in the Gulf of Suez. The company has produced over 640 million barrels of crude during these three decades. Ongoing investments in modern technology and infrastructure have maintained high production levels. Currently, RWE Dea is optimizing its gas lift installations in the Zeit Bay oil field.

At the WorldFest 2014 International Film Festival in Houston, RWE Dea won the platinum award in the documentary category with “The Breagh Story”. The film also won the silver award in the energy category at this year’s WorldMediaFestival held in Hamburg.

RWE Dea Norge AS, operator of production licence (PL)420, is completing drilling operations on appraisal well 35/9-11-S and sidetrack 35/9-11-A on the Titan discovery, 16 kilometres west of the Gjøa Field in the North Sea.

A project consortium that includes RWE Dea has signed a major contract for the construction of a natural gas processing plant and infrastructure in the Algerian Sahara for the Reggane Nord project. The contract is valued at US Dollar976 million and represents an important step forward for the project.

RWE Dea has signed a Joint Study Agreement with the State Oil Company of the Azerbaijan Republic (SOCAR). Both companies will evaluate the hydrocarbon prospectivity in an area south of Baku in the Caspian Sea in close cooperation.

Tord Lien sent clear signals to the industry that the Government will have high ambitions for Norwegian oil and gas during his speech at RWE Dea Norge’s annual event in Oslo last night.

RWE Dea successfully connected development well North West Khilala-1-4 (NWK-1-4) to production.

For nine years now, the Info-Point located in Friedrichskoog has supplied visitors with information on the subject of working and living on the Mittelplate drilling and production island. Promptly in time for Easter, it will be opening its doors once again this year, giving holiday-makers and locals opportunities for new discoveries.

RWE AG and LetterOne Group have today signed a contract for the sale of RWE Dea AG at an enterprise value of around €5.1 billion. The enterprise value includes around €0.6 billion in assumed liabilities.

RWE AG and LetterOne Group have agreed terms for the sale of RWE Dea AG at an enterprise value of some € 5.1 billion and on the major contractual conditions.