Wintershall Dea
| German limited liability company (GmbH) | |
| Industry | Gas and oil (exploration and production) |
| Predecessors | Wintershall |
| Founded | 1894 (Wintershall), 1899 (DEA, as Deutsche Tiefbohr-Actiengesellschaft, DTA) |
| Founders |
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| Headquarters | Kassel and Hamburg, Germany |
Areas served |
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Key people |
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Production output |
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| Revenue | €5.9 billion[1][lower-alpha 1] (2019) |
| €2.8 billion (2019) | |
Number of employees | 2,847[2] (2019) |
| Website | wintershalldea.com |
Wintershall Dea GmbH is a German gas and oil producer. The joint venture was created in May 2019 by the merger between Wintershall and DEA Deutsche Erdoel AG. BASF\ SE has a 67% stake in it, with the other 33% being held by LetterOne, whose main ultimate owner is the Russian business magnate Mikhail Fridman.
Wintershall Dea operates in the field of gas and oil exploration and production in a total of 13 countries in Europe, Latin America, the Middle East, North Africa and Russia. The company has its headquarters in Kassel and Hamburg and employs around 2,800 people worldwide. Its Chief Executive Officer is Mario Mehren.[2] According to Wintershall DEA’s pro forma figures, revenues and other income amounted to €5.9 billion in 2019.[1]
Literature
- Rainer Karlsch, Raymond G. Stokes: Faktor Öl. Die Mineralölwirtschaft in Deutschland 1859-1974. (“The Factor Oil: The Mineral Oil industry in Germany from 1859 to 1974 (German Only)) C. H. Beck, Munich 2003.
References
Footnotes
- ↑ revenues and other income
Citations
- ↑ 1.0 1.1 "Wintershall Dea kürzt Investitionen - boersen-zeitung.de". www.boersen-zeitung.de (in Deutsch). Retrieved 2020-06-05.
- ↑ 2.0 2.1 "Annual Report 2019" (PDF). Wintershall DEA. Retrieved 2020-05-31.
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External Links
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