Tag Archives | Wintershall Dea

Wintershall DEA "Considering Libya Exit"

By John Lee. German Oil and gas firm Wintershall DEA is reportedly considering exiting Libya following disagreements with the National Oil Corporation (NOC) over licences. Handelsblatt reported that the company's Chief Executive Mario Mehren, and Hans-Ulrich Engel, CFO at BASF - which holds a 67% stake in Wintershall - have met with a senior representative […]

Wintershall Dea sees Risks to Libyan Production

By John Lee. The CEO of Germany's Wintershall Dea has said that the current instability in Libya presents a significant risk to the company's on-shore production. On the sidelines of the 2019 St. Petersburg International Economic Forum (SPIEF-2019), Mario Mehren (pictured) told TASS: "We have offshore production that has the advantage of being offshore so […]