Posts Tagged ‘Wintershall’

Wintershall farm-in agreement to explore Argentina Vaca Muerta

Wintershall inks deal with Gas y Petroleo del Neuquen The Basf oil and gas subsidiary Wintershall and the Argentina local company Gas y Petroleo del Neuquen (GyP) finalized their joint venture agreement by which the German company will take the operator role to develop shale gas in the Block Aquada Federal […]

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One Day – One Country: United Arab Emirates (UAE)

BP, ExxonMobil, Shell, Total in concessions race In 2013, the historical international oil companies (IOCs) BP from UK, ExxonMobil from USA, Statoil from Norway, Partex from Portugal and Total from France have been racing  to at least preserve and hopefully extend in 2014 their respective concessions rights in the onshore […]

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One Day – One Country: Norway – UK North Sea

Statoil and Chevron review costs in North Sea projects In 2013, shortly after that Norway had weighted its tax policy on oil and gas companies operating in the Norwegian North Sea, UK did the opposite and released a new tax regulation to encourage companies to explore more challenging deep offshore […]

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Premier Oil to decide soon on Catcher in the UK North Sea

Premier Oil to award Catcher FPSO EPC contract The London-based company Premier Oil (Premier) and its partners, Cairn Energy (Cairn) from Scotland and the Basf subsidiary Wintershall from Germany, are on the point to make the final decision to award the engineering, procurement and construction (EPC) contract for a floating, […]

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Argentina encourages companies to develop offshore gas fields

Total and Wintershall proceed with Vega Pleyade The french major company, Total and its partners, Basf–Wintershall from Germany and the local Pan American Energy (PAE), are proceeding with the development of the world utmost southern Vega Pleyade project offshore Argentina. After years without investments to maintain oil and gas fields […]

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Chevron and Wintershall join Statoil and ExxonMobil in Badger Explorer

Majors develop cutting-edge subsea drilling technology On February 2013, the German Wintershall oil and gas company has decided to follow Chevron example in taking shares in the subsea drilling innovative company Badger Explorer aside its key stakeholders ExxonMobil and Statoil. With the ambition to increase its footprint in the offshore […]

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One Day – One Country: UAE (United Arab Emirates)

UAE Key Projects and Business Highlights In the United Arab Emirates, 2012 is some kind of a transition year with the development of midstream projects in Fujairah and the bid preparation of large projects upstream and downstream. With the completion of Habshan – Fujairah export pipeline, Abu Dhabi Company for […]

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One Day – One Country: Norway

Norway Key Projects and Business Highlights In 2012, Norway started to collect the first benefits of its exploration in the untapped oil and gas fields of the Norwegian Continental Shelf (NCS). With the Geitungen discovery, the Johan Sverdrup is taking a new dimension motivating Statoil and its partners Maersk, Petoro, […]

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ADCO in Brief

Abu Dhabi Company for Onshore Oil  Operations The Abu Dhabi Company for Onshore Oil Operations (ADCO) was established on 2nd December 1971 in Abu Dhabi, the largest Emirates from the United Arab Emirates (UAE). ADCO was created by the Abu Dhabi National Oil Company (ADNOC) to explore and operate the onshore […]

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BASF and Gazprom swap assets in a strategic move

BASF runs into upstream while Gazprom goes west On November 12th, 2012, the German chemical company BASF and the Russian Gazprom signed a binding basic agreement to swap assets estimated of the same value. The assets selected to support the swap reflect the strategy of both companies:  – BASF to increase […]

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