Corporate Website

Wintershall is active around the world. Learn more about our strategy, projects and values on our corporate website.



Wintershall Norge

Wintershall Worldwide

Energy Ticker


Statoil abandons plan to upgrade the Mongstad refinery

Provided large investments, the Mongstad refinery outside Bergen would have been able to process between a third and a quarter of all the production from the gigantic Johan Sverdrup field. This would have constituted half of the production at the refinery.  Now, it is decided that the investment project will be postponed until further notice. Statoil has stated that other project have been given higher priority.




“The oil price will approach 100 dollars a barrel”, analyst predicts

Last year, the highly respected oil analyst, Jarand Rystad, predicted a major decline in the oil price in 2015. Now, Rystad is expecting an increase in oil price from 2017 until 2020. He explains that the decline in investments the coming years will lead to less available oil and gas. Thereby the price will increase. Rystad believes that oil price will rise up to 100 dollars a barrel nearing 2020.




The price of Johan Sverdrup is reduced by NOK 9 billion

The estimated price for the first phase of the development of the Johan Sverdrup field is adjusted from NOK 123 billion (€ 12.98) to NOK 114 billion (€ 12.03) in nominal terms. Statoil expects the NOK 9 billion (€ 949 million) reduction based on an evaluation of the market situation and existing contracts on Sverdrup. However, the assessment does not take into account changes in the exchange rate. The estimate of NOK 123 billion (€ 12.98) was stated in the development plan (PDO) for the Sverdrup project.




Twenty year anniversary for Troll

It has been twenty years since oil and gas production started at the Troll field in the North Sea. The project has resulted in NOK 460 billion in income so far. Approximately NOK 100 billion has been invested in the project until now. For the three last years, the Troll field has been the largest oil-producing project on the Norwegian shelf.



Press Contact

Verena Sattel
Communication Manager North Sea, Spokesperson