Wintershall due North Sea gas from Statoil

Wintershall Holding GMBH will take delivery in Germany and elsewhere in Northwest Europe of as much as 45 billion cu m of natural gas over 10 years under new agreements with Statoil.

The agreements cover gas produced in the North Sea by both companies, which recently agreed to a major swap of interests in the Norwegian sector (OGJ Online, Oct. 23, 2012). Once the interests have been transferred, Wintershall’s North Sea production will “increase considerably” over the current 1.3 billion cu m/year, the company said.

Rainer Steele, Wintershall chief executive officer, said the agreements will enable his company to “use the volumes we produce from the North Sea in Europe in the future without having to expand our own infrastructure.”

Related Articles

Judge bars Anadarko e-mails as evidence in Macondo blowout hearing

03/21/2014 A federal district judge in New Orleans refused to accept e-mails between Anadarko Petroleum Corp. and BP PLC as evidence in a hearing to determine...

Industry group welcomes most UK budget moves

03/21/2014 Oil & Gas UK voiced support for all but one of several measures affecting the offshore producing industry announced in the UK government’s annu...

MARKET WATCH: Crude oil, gas futures prices slide entering spring

03/21/2014

The first day of spring in the northern hemisphere was marked by lower crude oil and natural gas futures prices.

OMV acquires West of Shetland licenses from Hess

03/21/2014 OMV AG has reached an agreement with Hess Corp. to acquire four licenses in West of Shetland, UK, including Cambo field and the Blackrock prospect,...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected