News

Here you will find the most important company news as well as current financial news.

Company News, 15.12.2017

Successful gas infrastructure divestment in Norway

DEA sells its ownership in the Nyhamna onshore gas processing plant, Polarled gas pipeline and Gassled, the Norwegian gas transportation network, to CapeOmega.

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Company News, 15.12.2017

Ærfugl project in motion

DEA Norge and its joint venture partners submitted the final Plan for Development and Operation (PDO) for the gas condensate field Ærfugl (former Snadd) in the Norwegian Sea to the Ministry of Petroleum and Energy.

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Company News, 07.12.2017

Ad hoc release of DEA Finance S.A.

DEA Finance S.A. announces that LetterOne, the shareholder of the DEA Group, has confirmed it has signed a Letter of Intent with BASF to combine the parties' oil and gas businesses in a joint venture to be named Wintershall DEA.

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Company News, 06.12.2017

DEA signs Memorandum of Understanding in Algeria

DEA Deutsche Erdoel AG and the Algerian state company SONATRACH have signed a Memorandum of Understanding (MoU).

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Company News, 24.11.2017

DEA Finance SA confirms discussions between LetterOne and BASF

DEA Finance SA announces that LetterOne, the shareholder of the DEA Group, has confirmed that the BASF Group is in discussions with LetterOne regarding a potential merger of the BASF Group's oil and gas activities with LetterOne's oil and gas activities, which comprise of the DEA Group.

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Company News, 22.11.2017

DEA awards Dvalin drilling contract to Transocean

Transocean Norway Operations AS with the drilling rig Transocean Arctic is awarded the contract to drill production wells at the Dvalin field in the Norwegian Sea.

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Financial News, 15.11.2017

2017 Q3 Results

DEA presented its 2017 Q3 Results on 15.11.2017.

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Financial News, 08.11.2017

DEA Group to release 2017 third quarter report on Wednesday, November 15th 2017

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Company News, 05.10.2017

DEA Deutsche Erdoel AG becomes operator in Mexico

DEA won a bid to take a 50% share of the PEMEX farm-out Ogarrio. The arrangement puts DEA in the driver seat as the operator for the mature Ogarrio. DEA will lever its expertise to increase production and ultimate recovery of the field considerably.

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Financial News, 27.09.2017

S&P assigns BB- corporate family rating to DEA Group

S&P Global Ratings (S&P) has assigned BB- corporate family rating with stable outlook to DEA Group (L1E Finance GmbH & Co KG). At the same time, it upgraded the subsidiary unsecured notes rating to BB- from B+.

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