Search results for: dea

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  • 10 July 2018
    Business & Finance

    German oil and gas company DEA Deutsche Erdoel AG has named a new general manager of DEA Egypt.

  • 17 October 2012
    Business & Finance

    RWE AG, through its subsidiary RWE Dea Norge AS, reached an agreement on the sale of its 20% licence interest in the “Edvard Grieg” development in Norway to OMV (Norge) AS, a subsidiary of OMV AG, for a cash purchase price of € 247.9 million as per effective date 1 January 2012 plus a contingent […]

  • 16 December 2015

    Germany’s DEA Deutsche Erdoel AG has , through its Norwegian subsidiary DEA Norge AS, completed the acquisition of E.ON E&P Norge AS, thus expanding its presence in Norway’s oil and gas industry. According to the company, the Norwegian Ministry of Petroleum and Energy and the Ministry of Finance, as well as the EU competition authority, have approved […]

  • 19 May 2016
    Business & Finance

    Hans-Hermann Andreae has been appointed Managing Director of DEA Norge, subsidiary to German oil and gas company DEA Deutsche Erdoel, following the completion of the merger with E.ON in Norway. DEA’s former Senior Vice President at the company’s head office in Hamburg will head the business in Norway from its new headquarters in Stavanger. The […]

  • 2 March 2018
    Business & Finance

    Oil and gas company Dea Norge has appointed Jon Sandnes as its new managing director, effective March 1, 2018. 

  • 21 April 2011
    Business & Finance

      RWE Dea Norge has been awarded two licences in the recent licensing round by the Norwegian Government. This further strengthens the company’s long-term commitment on the Norwegian Shelf. RWE Dea was awarded a 30% share in the license PL609 in the Barents Sea and a 15% share in the license PL596 in the Norwegian […]

  • 7 March 2019

    German oil company DEA has said it has extended its concessions for the Ras Budran and Zeit Bay oil fields in the Gulf of Suez, offshore Egypt. The two fields are among the oldest producing fields in Egypt.

  • 18 December 2013
    Business & Finance, Operations & Maintenance, Research & Development

    The Egyptian Ministery of Petroleum has signed the Concession Agreement for the East Ras Budran Offshore area. RWE Dea is the operator, holding a share of 80%. The company plans a 3D seismic survey and one exploration well during the first three-year exploration period. RWE Dea announces that the Egyptian Ministery of Petroleum has signed […]

  • 18 December 2013

    The Egyptian Ministery of Petroleum has signed the Concession Agreement for the East Ras Budran Offshore area with RWE Dea.

  • 11 March 2019

    German oil company DEA has aligned PL 211 partners and equities with the Dvalin license offshore Norway.

  • 18 May 2015
    Business & Finance

    DEA Deutsche Erdoel AG has equalized its working interest and farmed down its stake in the West Nile Delta (WND) project in Egypt to its Joint Venture partner and operator BP in order to, as the company said, better balance its portfolio. According to the press release, the deal includes the sale of a portion […]

  • 6 April 2016

    The Danish Energy Agency has awarded DEA Deutsche Erdoel AG two licences in Denmark. The concession area of about 530 square kilometers is located in the southern Central Graben in the western part of the Danish North Sea. With this award, DEA is now is now an operator in Denmark for the first time with a […]

  • 3 March 2015
    Business & Finance

    After the acquisition by LetterOne, the Hamburg based upstream company RWE Dea has a new owner, a new supervisory board and gets a new name. LetterOne is a privately owned Luxembourg-based global investment vehicle focused on utilizing its financial resources, management and investment expertise. At the first general meeting of shareholders a new supervisory board was appointed. Chairman […]

  • 1 March 2012
    Business & Finance

    RWE Dea UK celebrates its 10 year anniversary: Looking back on a decade of successful exploration and production of natural gas in the United Kingdom. The company also expects significant growth in the next years. RWE Dea UK Holdings Ltd has been the operating subsidiary of RWE Dea AG since 2002 and now looks back […]

  • 19 June 2013

    As of June 1st, Hugo Sandal (62) has been appointed Managing Director of RWE Dea Norge. Sandal, who also ran the company from 1995 to 2011, has for the past two years been acting as Chairman of the Board of RWE Dea Norge, as well as Senior Vice President Production Europe at RWE Dea’s head […]

  • 12 March 2012
    Business & Finance

    RWE Dea Norge AS, a wholly-owned subsidiary of the German upstream company RWE Dea, has entered into an agreement with Wintershall Norge ASA to acquire 10 percent equity in production license (PL) 418 in the North Sea. RWE Dea is thereby further strengthening its position in the northern North Sea, which is a core area […]

  • 2 March 2018
    Business & Finance

    DEA Norge has appointed Jon Sandnes as a managing director effective March 01, 2018. Sandnes is following Hans-Hermann Andreae, who has taken on new responsibilities at DEA’s headquarters in Hamburg. “DEA has exiting plans for its activities in Norway. The company has motivated and experienced employees, exiting projects and owners with an intention to merge DEA with Wintershall. […]

  • 4 January 2018
    Business & Finance

    Maria Moræus Hanssen has started as the new chief executive officer of DEA Deutsche Erdoel AG, an oil and gas company based in Germany and owned by LetterOne. 

  • 8 December 2017
    Business & Finance

    Russian billionaire Mikhail Fridman’s LetterOne and Germany’s BASF have signed a letter of intent to merge their oil and gas businesses into a joint venture named Wintershall DEA. The oil and gas business of BASF is bundled in the Wintershall Group consisting of Wintershall Holding GmbH and its subsidiaries, including the gas transportation business. The oil […]

  • 28 September 2018
    Business & Finance, Project & Tenders

    BASF and LetterOne have signed a definitive transaction agreement to merge their respective oil and gas businesses Wintershall and DEA in a joint venture, which will operate under the name Wintershall DEA. “With Wintershall DEA we create the leading independent European exploration and production company with international operations in core regions. By combining the two German-based […]

  • 3 October 2016
    Business & Finance, Operations & Maintenance

    The plan for development and operation (PDO) for the Dvalin field (previously named Zidane) has been handed over to the Ministry of Petroleum and Energy in Norway by operator DEA. Dvalin will be the company’s first operated field development project in Norway. The Dvalin licence plans to produce a total volume of approximately 18.2 billion […]

  • 27 January 2012
    Business & Finance, Operations & Maintenance

    The Norwegian Government has awarded RWE Dea Norge seven new licenses, of which two as operator in the latest Awards in Predefined Areas round for 2011 (APA 2011). The two licenses awarded to RWE Dea as operator, each with a 40% share are situated next to the company’s operated license PL330 in the northern part […]