Billion–Dollar–Oil/Gas–Deal

Wintershall Buys Additional Oil and Gas Fields in Norway

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“The transaction and Wintershall’s further expansion in Norway clearly demonstrate the attractiveness of the Norwegian continental shelf. We look forward to extend our well established partnership into the Aasta Hansteen field development,” said Helge Lund, President and CEO of Statoil.

Oil production in Europe means going offshore
Oil production in Europe means going offshore
(Picture: Wintershall)

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“We Believe in the Potential of Norway's Continental Shelf”

“We believe in the potential of the Norwegian continental shelf and clearly focus on our goal: We want to become one of the leading oil and gas companies in Norway. With domestic production in Europe we are strengthening the European supply security,” said Rainer Seele, Chairman of the Board of Executive Directors of Wintershall. “By assuming responsibility as operator at Vega, we continue to build up our portfolio of Wintershall-operated fields in Norway.” Wintershall already successfully took over the operatorship of the producing field Brage in the northern North Sea in fall 2013, becoming the first company to take over a producing platform from Statoil in Norway.

From left: Martin Bachmann (Wintershall), Arne Sigve Nylund (Statoil), Bernd Schrimpf, (Wintershall Norge)
From left: Martin Bachmann (Wintershall), Arne Sigve Nylund (Statoil), Bernd Schrimpf, (Wintershall Norge)
(Picture: Wintershall)

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