Wintershall has closed a deal for Statoil offshore assets for $ 1.25 billion
December 1, 2014
Wintershall - "daughter" of the German BASF's petrochemical and long-standing European partner of "Gazprom" GAZP + 1,76%, completed the acquisition of the assets of the Norwegian Statoil on the Norwegian continental shelf for $ 1.25 billion, the report said Statoil. These assets include 51% of the license to develop the field Aasta Hansteen and operator rights in it, the share of deposits in the Vega and Gjoa, as well as four fields around Voring.
Transmission operator Wintershall rights in the fields must approve the Government of Norway. The companies expect that this will happen in the 1st quarter of 2015. In September, Chairman of the Board German company Wintershall Seele said that the production capacity in Norway is not a substitute cooperation with "Gazprom".
December 1, 2014
PRIME