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.

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Corporate Social Media

  • 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

    RT @BASF: #BASF subsidiary #Wintershall further expands oil and #gas production in Norway t.co/rW54iJynO7

    12/09/2014

    Wintershall acquires shares in oil & gas fields from Statoil / Daily production in Norway increase to 60,000 boe. t.co/M269MmPkTV

    12/09/2014

    Oil prices under pressure #Brent hits 17-month low below $98 IEA cuts prediction for worldwide crude oil demand t.co/HtT294vUxB

    11/09/2014

    Ölpreise unter Druck #Brent mit $97,20 auf 17-Monatstief. IEA senkt Prognose für die weltweite Rohölnachfrage t.co/ziPl3xNjxY

    11/09/2014

    #Brent slipped below $99 a barrel Prices have fallen more than 14 percent since hitting the annual high in June t.co/ARxntPEnxc

    10/09/2014

    #Brent prices gained after three-day losing streak. Still near $100 t.co/M5Qxei8WdU

    09/09/2014
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    Veterans of the oil industry: The ONS2014 honours the oil pioneers whose hard work made the Norwegian oil industry what it is today. Here you find selected pictures of the meeting. #togetherONS

    28/08/2014
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    Build something together with us - together we make it happen! Wintershall Norge is one of the top 3 energy employers in Norway according to headhunting company Scouting. #togetherONS

    Get an idea why Wintershall Norge could be a great company for you to work for: www.youtube.com/watch

    Interested? www.wintershall.no/careers.html

    28/08/2014
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    Brage is our Norwegian production platform that can accomodate up to 130 people. At the ONS conference we got the chance to talk with our Brage offshore installation manager and our plant integrity manager. Watch our videos to learn more about life offshore and how to maintain such a big platform. #togetherONS

    Learn more about Brage here:
    Offshore installation: www.youtube.com/watch
    Plant integrity: www.youtube.com/watch

    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.