Wintershall opens new HQ in Stavanger

  • Business & Finance

The Norwegian Minister of Labour and Social Affairs, Anniken Hauglie, on Tuesday officially opened Wintershall Norge’s new main office building in Stavanger.

During the ceremony, Hauglie welcomed the jobs created by the company during its ten years in Norway.

“The opening of Wintershall’s new headquarters shows that the Norwegian Continental Shelf offers huge opportunities and demonstrates that Norway is an attractive place to do business for international players,” she added.

Wintershall Norge has a share in around 60 licenses on the Norwegian Continental Shelf and operates more than half. Since 2012, the company has raised daily production from 3,000 barrels of oil equivalent (boe) to more than 80,000 boe.

Martin Bachmann, Executive Director responsible for E&P in Europe and the Middle East, added: “We have become one of the most important players on the Norwegian Continental Shelf. This is a performance to be proud of, but it’s certainly not the end of the story. On the contrary. We are committed to consistently developing our projects and partnerships – and to continue to invest in Norway. Our pledge remains in place: we are here to stay.”

Wintershall Norge is also the operator of the 15.3 billion NOK ($1.8 billion) Maria development in the Norwegian Sea. Regarding the project, Bachmann said: “Maria is Wintershall’s flagship development on the Norwegian Shelf, and the first field we are bringing all the way from discovery to production. It is our biggest single investment in Norway, and over the next 25 years this field will create around 35,000 man-years of work and will provide significant income for Norwegian society.”

Wintershall said that between 2009 and 2015 the number of personnel in Wintershall Norge grew from 50 to around 500. In 2014, with support from parent company BASF, the company decided to build a new office building which would house all personnel under one roof.

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