Wintershall News

 

Noble Resilient Jack-up Rig Set to Work in Danish North Sea

Jan 09, 2024

Offshore drilling contractor Noble Corporation has been awarded a contract with Wintershall Noordzee for its harsh environment jack-up rig Noble Resilient.The work scope will cover plug and abandon of two wells in the Danish North Sea, Noble Corporation said…

Esgian Week 51 Report: Biden Administration Publishes Lease 2024-2029 Program

Dec 22, 2023

Esgian has released its Week 51 Rig Analytics Market Roundup, highlighting regulatory action in the United States.The Biden Administration has published the final 2024–2029 National Outer Continental Shelf Oil and Gas Leasing Programme with “the fewest oil and gas lease sales in history…

Harbour Energy Strikes $11.2 Billion Deal for Wintershall Dea Assets

Dec 21, 2023

Britain's Harbour Energy HBR.L on Thursday agreed to acquire Wintershall Dea's non-Russian oil and gas assets in a $11.2 billion share and cash deal with BASF and LetterOne that creates one of the world's largest independent producers.London-listed Harbour…

Esgian: Rigs on the Move in Asia and Europe

Dec 17, 2023

This week Esgian’s Week 50 Rig Analytics Market Roundup notes developments in the semisub sector including that Shell has decided to exercise its option on Stena Don in the North Sea but not on Deepsea Bollsta in Namibia. Meanwhile, a new contract…

Wintershall Dea Completes Appraisal Well on Bergknapp Discovery

Dec 13, 2023

Wintershall Dea, in collaboration with its partners DNO Norge and Equinor, has successfully completed the drilling of an appraisal well at the Bergknapp discovery in the Norwegian Sea. The team is now assessing potential field development options…

BASF Shares Rise on Report ADNOC Exploring Wintershall Dea Deal

Nov 24, 2023

Shares in chemicals giant BASF rose on Friday after a report that Abu Dhabi National Oil Co (ADNOC) is exploring an acquisition of the German group's energy business, Wintershall Dea. BASF stock was up 1.2% at 0855 GMT, with traders pointing…

Neptune Energy Gears Up for November Start on North Sea Wildcat

Nov 15, 2023

The Norwegian Petroleum Directorate (NPD) has granted Neptune Energy a drilling permit for well 35/6-4 A in production license 929 in the North Sea, offshore Norway.Neptune Energy will use the Deepsea Yantai semi-submersible drilling rig to drill the wildcat well…

German Firm Farms Into UK Offshore Carbon Storage License

Nov 14, 2023

Carbon Catalyst Limited (CCL) said Tuesday it had completed the farmout of a 10% stake in the Poseidon carbon storage license located in the Southern North Sea sector of the UK Continental Shelf, to Wintershall DEA.As part of the deal, German…

Wintershall Dea Extends Viking Princess Vessel Contract

Oct 30, 2023

Oil and gas company Wintershall Dea has declared options to extend the contract for Eidesvik Offshore's supply vessel Viking Princess. The contract extension runs from January 2024 in direct continuation of the current contract, extending the firm period to January 2025…

Wintershall Dea Q3 Net Profit Drops 86% on Weak Oil, Gas Prices

Oct 30, 2023

Wintershall Dea on Monday reported that its third-quarter net profit slumped 86% year-on-year due to weaker oil and gas prices, unplanned maintenance outages in Norway and the costly loss of Russian business.The company's earnings showed that adjusted net income totalled 61 million euros ($64…

Wintershall Dea Gets Takeover Interest from Groups Including TotalEnergies -Handelsblatt

Oct 02, 2023

BASF, which has said it is seeking an exit from its energy business Wintershall Dea, has attracted deal interest from companies including TotalEnergies and Equinor for the oil and gas unit, German newspaper Handelsblatt reported on Monday.BASF CEO Martin Brudermueller…

Mexican Billionaire Carlos Slim's Firm Acquires Stake in Zama Offshore Oil Field

Sep 28, 2023

U.S.-based oil and gas company Talos Energy has completed the sale of its 49.9% interest in Talos Mexico to Zamajal, a subsidiary of Grupo Carso, a company controlled by the family of the Mexican billionaire Carlos Slim.Talos Mexico, now owned 50…

Plotting Russian Exit, Wintershall Dea Says Remaining Business is Strong

Sep 06, 2023

German oil and gas producer Wintershall Dea on Wednesday tried to assuage fears that the hit from its planned Russian exit could be too painful, saying its remaining operations were strong and stable. Chief Executive Mario Mehren told Reuters that the company considered its Germany…

Wintershall Dea Installs New Subsea Template at Maria Field Offshore Norway

Sep 01, 2023

Oil and gas company Wintershall Dea and its partners Petoro and Sval Energi have installed an additional subsea template on the seabed at Haltenbanken on the west coast of Norway, as part of the second phase of the Wintershall Dea-operated Maria field development…

Eidesvik's Viking Queen Secures Long-Term Deal

Sep 01, 2023

Oil and gas companies Wintershall Dea and OMV have declared an option to extend the contract for Eidesvik's supply vessel Viking Queen. The contract extension runs from May 2024 in direct continuation of the current contract, extending the firm period to October 2025…

Logistics News

Algorithm Accountability

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

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