Santos is seeking buyers for a 20-30% stake in its large Dorado oil project and Bedout exploration portfolio offshore western Australia estimated to be worth up to $200 million. Significantly, there is expected to be global interest in the sales process, which could be particularly appealing for Asian national oil companies (NOCs).
Equinor and its partners will invest £260 million in the North Sea Statfjord Ost field to improve recovery by 23 million barrels of oil equivalent.
Libya has launched Sarir Oil Operations as a joint operating company to operate Contract Areas 91 and 107, previously held by Wintershall.
Wintershall Dea has made an oil discovery at the Bergknapp prospect in the Norwegian Sea, close to the Maria field.
President Donald Trump’s top energy official said he’s confident that Russia won’t be able to complete the Nord Stream 2 gas pipeline in the Baltic Sea -- and signalled that the U.S. will press forward with its opposition to the project.
Wintershall’s local subsidiary has signed two exploration and production-sharing agreements (EPSAs) with Libya’s National Oil Corp. (NOC) after compromising on licence terms.
Trade body Oil and Gas UK (OGUK) has published a list of 10 “principles” aimed at helping a "fragile" supply chain whose margins have been squeezed tight by customers in recent years.
The merger between oil and gas firms Wintershall and DEA has been completed, creating the largest independent exploration and production company in Europe.
Italian oil and gas contractor Saipem has announced bumper revenues for the first quarter of 2019.
Italian oil and gas contractor Saipem has announced a multi-million drilling deal with German producer Wintershall.
A merger between German oil firms Wintershall and Dea will result in the loss of up to 1,000 jobs, the companies confirmed last night.
John Browne’s return to the top of an oil company started with a phone call from a Russian oligarch who had $10 billion burning a hole in his pocket.
Wintershall has picked up a 10% stake in a giant gas project in Abu Dhabi.
Wintershall has been granted permission to drill an exploration well at the Marisko prospect in the Norwegian Sea.
Norway has approved Wintershall's plan for developing and operating the Nova field, 75 miles north-west of Bergen.
German oil firms Wintershall and Dea confirmed they will merge today after signing a 'definitive transaction agreement'.
Wood has secured a new contract with German oil company Wintershall for work on the Brage offshore platform, based west of Bergen, Norway.
The race is on to become Norway’s biggest non-state oil company.
Back in 2015, Royal Dutch Shell Plc and BP Plc cast doubt over the future of aging oil fields offshore Norway. A crash in crude prices and high operating costs threatened to shut them early, leaving millions of barrels in the ground.
A new module will be added to Neptune Energy's Gjoa platform, equipping it to take on oil from a nearby field.
Wintershall has handed in its plan for developing the North Sea Nova field at a cost of £900million.
Maersk Drilling has been awarded three consecutive contracts for its jack-up rig Maersk Resolute in the Dutch sector of the North Sea.
German energy firm Wintershall has struck gas with its Balderbraa wildcat well in the Norwegian Sea.
Wintershall has dismissed concerns that a ruling from the Norwegian energy ministry could cause issues for its Nova project.
German exploration firm Wintershall says it will engage with the UK government over a move which would see a Russian billionaire becoming part-owner of a North Sea gas field.