Energy-Ticker

BASF subsidiary Wintershall further expands oil and gas production in Norway

Wintershall to acquire shares in oil and gas fields from Statoil for US Dollar 1.25 billion / Daily production in Norway will increase to around 60,000 barrels of oil equivalent
BASF Group company Wintershall is further expanding its oil and gas production and reserves in the North Sea. Wintershall will acquire shares in the two producing fields Gjøa and Vega, the development project Aasta Hansteen, the Asterix discovery, the Polarled pipeline project, as well as equity in four exploration licenses in the vicinity of Aasta Hansteen from Norwegian company Statoil ASA.

Winterhall Norge is one of the fastest growing companies in Norway. To find out more about the company and its strategy Norwegian television channel TV2 took the opportunity to interview Alv Solheim, Technical Director at Wintershall Norge, in their live studio during ONS 2014. Solheim gave interesting insights into the company's projects and its growth strategy in Norway.

Wintershall Norge license map

Wintershall Norge has around 50 licenses on the Norwegian Continental Shelf, making us one of the largest license holders in the region.

  • Operated Licenses
  • Partner Licenses
close

LicenseName

Fact page

Operator:

License partners:

Location

Blocks

Date granted

Awarded

Corporate Social Media

  • Weak economic outlooks in Europe. #Brent still below $98 due to sluggish demand and ample supplies t.co/Exrkv2TRoS

    22/09/2014

    #Brent held below $98/barrel on Friday, was set for first weekly gain in three on possibility of lower OPEC output. t.co/z7AGTSWYGk

    19/09/2014

    @TS_Energy @TheOilCouncil @McCarthy_ca @TOGYnews @Taylor_DeJongh And we wish you the same. Have a very good weekend! #FF

    19/09/2014

    RT @TheOilCouncil: The Oil Council's @KusiaPell caught up with Martin Bachmann @Wintershall_com at ONS in Stavanger. Full article here http…

    18/09/2014

    #Brent falls below $99 after large stock build in U.S. Strong dollar continues to create headwinds for commodities t.co/LjYQpDSVl4

    17/09/2014

    Wintershall is looking for a Reservoir Engineer Simulation, based in Kassel, Germany. Apply now. t.co/DpefAgEyP9
    #jobs #E&P

    17/09/2014

    Prospect of a likely supply cut from OPEC outweighs the impact of weak demand. #Brent above $98 per barrel. t.co/tV2n00SHI4

    16/09/2014

    #Brent slumped on Monday below $97 per barrel due to weak China data. t.co/2Oeb7AIGkO

    15/09/2014

    Wintershall CEO Seele about Statoil agreement: "Domestic production in Europe will help to strengthen the European supply security.”

    12/09/2014

    CEO Seele about agreement: "We believe in the Norwegian continental shelf & want to become one of leading oil & gas companies in Norway."

    12/09/2014
    Facebook link preview

    Good morning everyone: It’s Monday again! This week, fall seems finally to cloud over Europe. So why not cheer up your morning with some colorful sweets – and share it with your colleagues? In any sense: We wish you a powerful start into the week! #monday

    22/09/2014
    Facebook link preview

    A drill bit can cost up to 100,000€. What makes it so expensive? To reach oil and gas deposits in depths between 500 and 5000 meters you need to rely on drill bits made out of diamond sometimes. But that’s not the only tool Wintershall uses for drilling - more about our drilling toolbox here:

    www.wintershall.com/en/technology/exploration/onshore/drilling.html

    18/09/2014
    Facebook link preview

    Wintershall is looking for a Reservoir Engineer Simulation. You have a MSc and a background in reservoir engineering? Join Wintershall and work in an international company with great career perspectives - please take a look at our open position here: bit.ly/1ygnPas
    #jobs #E&P

    17/09/2014
    Facebook link preview

    Did u know? The natural product oil consists of more than 17,000 components! It can be classified as extra heavy oil and bitumen, heavy oil, light oil, and condensate. API* (*American Petroleum Institute) gravity is the unit generally used to classify crude oil. The lower the API gravity, the heavier the oil, which also means that the refining process is more difficult. One example? Light oil has to be recovered first from heavy oil. Only then can end products such as diesel and petroleum be produced. bit.ly/1oU1upu #crudeoil

    16/09/2014
    Facebook link preview

    Summer, spring, winter or autumn: Our norwegian production platform Brage braves the elements in all seasons. In this picture - which we kindly received from a Facebook follower - Brage emerges from the autumnal mist, that gathers above the North Sea. No matter where you are and under which weather conditions you work: We wish you lots of energy and a powerful start into the new week! #monday

    15/09/2014
    Facebook link preview

    New Agreement with Statoil: Wintershall aquires shares in oil and gas fields from Statoil for US$1.25 billion – including shares in the two producing fields Gjøa and Vega and the Aasta Hansteen development. The daily production in Norway will increase thereby up to 60.000 barrels of oil equivalent. In addition, the companies agreed that Wintershall will become operator of the producing field Vega. #norway #upstream bit.ly/1uyAlx8 (In the picture from left to right: Martin Bachmann (Wintershall), Arne Sigve Nylund (Statoil), Bernd Schrimpf, Wintershall Norge))

    12/09/2014
    Facebook link preview

    How do you control offshore platforms that are far away? You can either man them or operate them remotely. Here you see two colleagues in our Remote Control Operations Center in Den Helder, who monitor and manage several of our platforms in the North Sea via IT-systems.

    Read more about Wintershall and Remote Control Operations here:
    bit.ly/WmPBRj

    05/09/2014
    Facebook link preview

    A little bit of sunshine for the start of the week: In this picture rays of light illuminate the sea, in which you can see one of our 26 offshore platforms in the North Sea as a tiny speck on the left. On this note - not just in the North Sea but worldwide: We wish you a sunny start into the week! #monday

    01/09/2014
    Facebook link preview

    And how do you get to work? Bike, car, bus? Some Wintershall employees use completely different means of transport to get to work – like our Norwegian colleague Magnar.

    Magnar, how do you get to work?
    “My colleagues and I fly by helicopter to our workplace, which is the Brage platform.”

    Not all Wintershall employees fly to work. But all have an exciting job. You’re interested in joining the international Wintershall team? https://www.wintershall.com/en/career.html

    29/08/2014
    Facebook link preview

    What happens if you can't find a solution by yourself? Here's the Wintershall way of dealing with challenges - together: www.youtube.com/watch

    Thank you for sharing the experience of ONS together with us! #togetherONS

    28/08/2014
Wintershall is an international active oil and gas company with operations in four continents. We look back on 120 years of drilling experience. For more than 80 years, we have been actively involved in the exploration and production of crude oil and natural gas. The Company employs about 2,500 people from 40 countries. We are s subsidiary of BASF, the largest chemical company in the world.