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Subsea 7 S.A. awarded contract offshore Norway
Subsea 7 S.A. (Oslo Børs: SUBC) announced today the award of a contract with a value of approximately USD 300 million for the Maria field development by Wintershall Norge AS. The field is located in the Norwegian Sea at a water depth of approximately 300 metres.

date.png14 May 2015 09:04 | comments.png 0 Comments | tags.png europe norway services subsea7 wintershall [ More ]

Maria field: Plan for Development and Operation (PDO) submitted
Another landmark for Wintershall in Norway: The largest internationally active German crude oil and natural gas producer and its partners have today submitted a Plan for Development and Operation (PDO) for the Maria field in the Norwegian Sea to the Norwegian Ministry of Petroleum and Energy. This is the first time Wintershall, as operator of the field, has submitted a PDO for a Norwegian development. Today, Martin Bachmann, Member of the Board of Executive Directors of Wintershall, handed the document to the Norwegian Minister Tord Lien.

date.png06 May 2015 08:07 | comments.png 0 Comments | tags.png europe norway top upstream wintershall [ More ]

Wintershall awards subsea contracts for Maria field
Wintershall, Germany’s largest internationally active oil and gas producer announces the award of its first significant subsea contract for its Norwegian activities. Worth approximately NOK 1.8 billion (280 million US-Dollar ), the contract for Wintershall’s Maria development goes to FMC Technologies’ Norwegian subsidiary FMC Kongsberg Subsea AS. It has been assigned after a thorough selection process and in alignment with the other license partners. The award positions Wintershall as a growth operator in the subsea arena, and puts the company in a position to move forward with existing and new developments on the Norwegian Continental Shelf.

date.png10 Oct 2014 13:47 | comments.png 0 Comments | tags.png europe fmc norway services wintershall [ More ]

FMC Technologies Awarded Frame Agreement to Supply Subsea Production Systems by Wintershall Norge AS
FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a long term frame agreement with Wintershall Norge AS to supply subsea production systems for its developments offshore Norway. The first call-off under the frame agreement, covering subsea equipment for Wintershall's Maria field, has been awarded. This initial call-off has an estimated value of $280 million in revenue.

date.png10 Oct 2014 07:27 | comments.png 0 Comments | tags.png europe fmc norway services wintershall [ More ]

Realising value to further strengthen NCS portfolio
Statoil ASA (OSE: STL, NYSE: STO) farms down in Aasta Hansteen, Asterix and Polarled and exits two assets on the NCS for a consideration of USD 1.3 billion, including contingent payment.

date.png15 Sep 2014 09:22 | comments.png 0 Comments | tags.png deals europe norway statoil upstream wintershall [ More ]

Enhancement of the exploration & production portfolio through North Sea acquisition
MOL Plc. hereby informs the capital market participants that in line with the company’s active portfolio development strategy, MOL has executed Share Purchase Agreements with Wintershall Norge AS for acquiring shareholding interest of Wintershall’s UK North Sea basin off-shore assets in 14 licences. The transaction provides MOL with an opportunity to acquire a foothold in the attractive North Sea area. The portfolio includes non-operated equity stakes in the Broom (29% Working Interest), Catcher (20% WI), Cladhan (33.5% WI), Scolty and Crathes fields (50% WI). In addition, Wintershall’s equity share in infrastructure on the Sullom Voe Terminal and Brent Pipeline System are also part of the deal.

date.png16 Dec 2013 13:06 | comments.png 0 Comments | tags.png europe mol uk upstream wintershall [ More ]

Transaction with Wintershall on Norwegian continental shelf now completed
The agreement signed with the German oil and gas company Wintershall—which includes the divestment of Statoil's share of the Brage licences, a farm-down in Gjøa and Vega, and acquisition in the Edvard Grieg licence in the North Sea—has been completed.

date.png01 Aug 2013 06:29 | comments.png 0 Comments | tags.png europe norway statoil upstream wintershall [ More ]

Qatar Petroleum and Wintershall discover gas in Block 4 North in Qatar
Qatar Petroleum (QP) and Wintershall announced today that they have made a gas discovery in exploration Block 4 North, offshore Qatar.

date.png12 Mar 2013 07:01 | comments.png 0 Comments | tags.png m-east qatar qatar-petroleum upstream wintershall [ More ]

Wintershall makes oil discovery in the Dutch North Sea
Wintershall announces an oil discovery in exploration licence F17a in the Dutch North Sea about 120 kilometers north of Den Helder. Exploration well F17-10 found a Late Cretaceous Chalk reservoir of good quality containing crude oil. Oil was produced during a production test. The well was spudded on 18 September 2012 with jack-up rig GSP Saturn in a water depth of 44 meters. The well drilled to a total depth of 1490 meters into the top of a salt dome. Measurements taken in the well indicate the presence of a significant oil column. Preliminary resource estimates indicate a potential of at least 30 million barrels recoverable oil with a more than significant upside. The well will be plugged and abandoned. Commercial viability of the discovery as well as further upside will need to be confirmed through appraisal drilling planned in 2013.

date.png05 Dec 2012 13:46 | comments.png 0 Comments | tags.png europe netherlands north-sea upstream wintershall [ More ]

Statoil and Wintershall sign major strategic gas supply agreement
Statoil and Wintershall have entered into a 10-year gas sales agreement for the delivery of a total of 45 billion cubic meters (bcm) to the German and other North-West European markets.

date.png20 Nov 2012 18:22 | comments.png 0 Comments | tags.png europe germany statoil trade wintershall [ More ]
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