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Three new licenses for Wintershall in Norway

Norwegian energy ministry awards three operatorships to Germany's largest oil and gas producer Stavanger/Kassel.

Three new licenses for Wintershall in Norway Three new licenses for Wintershall in Norway


Norwegian energy ministry awards three operatorships to Germany's largest oil and gas producer Stavanger/Kassel.
Wintershall is continuing its growth course in northern Europe: in the current licensing round APA 2012 (awards in pre-defined areas), the Norwegian petroleum and energy ministry has awarded three new licenses in the North Sea to the BASF subsidiary.

Wintershall will be the operator for all three licenses. Martin Bachmann, the member of the Wintershall Board of Executive Directors responsible for exploration and production, also sees this licensing awarding as confirmation of the company's strategy: "We have invested a great deal in expanding our activities in Norway in the last few years - the result is our own exploration discoveries as well as the recent asset swap with Statoil, in which Wintersha

Source : Neftegaz.ru