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What is the background of Wintershall Dea?

Wintershall Dea is the merge of two different companies- Wintershall Holding GmbH and DEA Deutsche Erdoel AG. Both companies got a tradition that is long for a leading independent natural gas and crude oil company in Europe.

The company is with German roots. The headquarters are situated in Kassel and Hamburg where it explores and produces gas and oil in 13 countries across worldwide with an efficient and responsible manner. The company got its activities in Europe, Russia, Latin America and the MENA region (Middle East & North Africa). It has a global upstream portfolio and is active in the business that is midstream with interests in natural gas transport.

For more than 120 years of experience, Wintershall Deas stands as an operator and it is a project partner with the entire E&P (Exploration & Production) value chain. Around 4000 people are employed by the company from 60 nations worldwide. The company aims to increase the average daily production in 2018 from 590,000 barrels of oil that is equivalent to around 750,000 barrels by 2023.

Source: — http://www.elektrotechnik.vogel.de

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