RWE-DEA Company News

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Sharp Fall In Applications For Norway's Arctic Oil Permits
Norway's attractiveness as an oil region took a hit when energy authorities said 11 oil firms applied for stakes in exploration blocks in its latest oil licensing round
7:00 PM EST | December 04, 2017
Lundin Granted Drilling Permit in PL609
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for well 7220/11-3 A, which is located in production license 609.
8:00 PM EST | September 09, 2015
Lundin Spuds Appraisal Well on Alta Discovery
Lundin Petroleum spuds an appraisal well on the Alta discovery in the southern Barents Sea.
8:00 PM EST | March 24, 2015
Japan's JX, GDF Suez Find New Oil in UK North Sea
JX Nippon Oil and Gas Exploration Corp says it had discovered new oil in the UK Central North Sea.
8:00 PM EST | March 12, 2015
RWE To Complete DEA Disposal Very Soon
RWE says closure of the sale of its oil and gas unit DEA to Russian tycoon Mikhail Fridman is imminent; media reports completion date as March 1.
7:00 PM EST | February 26, 2015
FT: RWE CEO Says Concerns Over DEA Sale Can Be Addressed
RWE is confident it can address concerns by the British government over the German utility's planned sale of its oil and gas company DEA to Russian tycoon Mikhail Fridman.
7:00 PM EST | December 28, 2014
Statoil Defers Decision on $5.7B Oil Recovery Project
Norway's Statoil has postponed a decision to invest 40 billion crowns ($5.74 billion) in a mature field, saying that it needed more time to refine the project as its profitability was under threat.
7:00 PM EST | November 30, 2014
If RWE Unit Sale to Fridman Falters, Hungary's MOL Still Keen
MOL Group says it is still interested in buying RWE's DEA unit – which holds 190 oil and gas licenses in Europe, the Middle East and North Africa – if its sale to Russian billionaire is not approved.
8:00 PM EST | October 15, 2014
RWE, SOCAR To Study Potential For Oil In Caspian Off Azerbaijan
RWE signs an agreement with SOCAR to examine the potential for oil and gas under the shallow waters off Azerbaijan's Caspian coast.
8:00 PM EST | May 06, 2014
RWE Sells Oil and Gas Unit to Group Led by Russia's Fridman
RWE strikes a deal to sell its oil and gas production arm, DEA, to a group of investors led by Russian tycoon Mikhail Fridman.
8:00 PM EST | March 16, 2014
RWE DEA Comes Up Dry with Norwegian Sea Well
Wildcat well 6608/2-1 S in the Norwegian Sea comes up dry.
8:00 PM EST | October 13, 2013
RWE DEA Starts Up Production at Breagh Field
Sterling Resources announces that first production from the Breagh gas field in the UK Southern North Sea has begun.
8:00 PM EST | October 13, 2013
RWE Dea Farms into Block off Suriname
RWE Dea joins forces with Petronas by grabbing a 40 percent stake in a license off the coast of Suriname.
8:00 PM EST | June 11, 2013
Nabucco to Make Binding Bid for Shah Deniz Field Soon
Nabucco Gas Pipeline International says it will submit its binding bid for the Shah Deniz gas field in Azerbaijan at the end of April.
8:00 PM EST | April 11, 2013
Valiant Farms out Handcross Prospect
Valiant farms out 20 percent of its Handcross project in the North Sea to RWE Dea.
8:00 PM EST | March 27, 2013
Serica Energy Sees Busy Year Ahead
Serica Energy expects to see progress in a number of projects in UK, Irish and African waters during 2013.
7:00 PM EST | January 20, 2013
RWE Dea Scores New Egyptian Concession
RWE Dea has been awarded a new offshore concession in Egypt, East Ras Budran Offshore.
7:00 PM EST | November 11, 2012
Eni Norge, Lundin Make Gas Condensate Discovery in Barents Sea
Norwegian Petroleum Directorate reports that an exploration well targeting the Salina structure in the Barents Sea has found up to 41 million barrels of oil equivalent.
8:00 PM EST | October 04, 2012
BP Starts Up Devenick Gas Project
The $1 billion Devenick gas project will produce 100 million cubic feet of gas per day when it peaks next year.
8:00 PM EST | October 03, 2012
Faroe Buys 12.5% Stake in Barents Sea Well
Faroe Petroleum's acquisition of a stake in the Darwin prospect hailed a significant step towards establishing a strategic position in the Barents Sea.
8:00 PM EST | August 22, 2012
RWE Dea Fires Up Gas Production at Clipper South
RWE Dea's announces the delivery of first gas from the Clipper South field in the southern North Sea.
8:00 PM EST | August 12, 2012
RWE Shelves Plans to Sell Egyptian Fields
Germany's RWE says lack of interest from potential buyers amid Arab Spring turmoil behind decision to shelve sale of Egyptian oil and gas fields.
8:00 PM EST | August 09, 2012
RWE Dea Spuds Breagh Well in N. Sea
RWE Dea UK has commenced development drilling at the Breagh field using the Ensco 70 jackup.
8:00 PM EST | May 16, 2012
RWE Dea Norge Makes Gas Discovery in Norwegian Sea
Up to 13 billion standard cubic meters of gas has been found near the Heidrun field in the Norwegian Sea.
8:00 PM EST | April 23, 2012
RWE Dea to Start Up Seismic Program Offshore Turkmenistan
Within the scope of its exploration activities, RWE Dea is set to begin its seismic acquisition program off the Turkmenian coast in the Caspian Sea.
8:00 PM EST | April 16, 2012
RWE Dea to Farm-In to North Sea License
RWE Dea Norge has entered into an agreement with Wintershall Norge ASA to acquire 10 percent equity in production license (PL) 418 in the North Sea.
8:00 PM EST | March 11, 2012
Drilling Commences at RWE Dea's Clipper South
RWE Dea UK announced that the first development well for the Clipper South gas field was spudded on February 8.
7:00 PM EST | February 15, 2012
RWE Scoops Up Seven Licenses
The Norwegian Government has awarded RWE Dea Norge seven new licenses, of which two as operator in the latest Awards in Predefined Areas round for 2011 (APA 2011).
7:00 PM EST | January 26, 2012
Lundin, Partners Propose Development Plan for Luno Field
Lundin Petroleum, with its partners Wintershall Norge and RWE Dea Norge, submitted a plan for development and operation for the Luno field to the Norwegian Ministry of Petroleum and Energy.
7:00 PM EST | January 18, 2012
RWE Dea Spins Bit in Norwegian Sea
RWE Dea Norge commenced the drilling of a second well in production license PL435 in the Norwegian Sea beginning of the year.
7:00 PM EST | January 16, 2012
Idemitsu Discovers O&G Reserves in North Sea Structure
Idemitsu Kosan says partners of the Knarr Vest structure in the North Sea in Norway have discovered an accumulation of oil and gas through two exploration wells.
7:00 PM EST | December 25, 2011
RWE Dea Awaits Govt Approval for Drilling Offshore Germany
RWE Dea has submitted applications to conduct exploratory drilling off the coast of Schleswig-Holstein and Lower Saxony, off Cuxhaven.
8:00 PM EST | November 02, 2011
RWE Dea Installs Breagh Platform in North Sea
RWE Dea UK announced that the Breagh Alpha platform has been successfully installed in the North Sea.
8:00 PM EST | October 24, 2011
Heerema Wraps Up RWE Dea Construction Projects
Heerema completed the construction of the minimum facilities platforms for the Clipper South Development and the Breagh Alpha Development.
8:00 PM EST | September 28, 2011
RWE Dea's UK Fields Breagh and Clipper South on Track
RWE Dea UK's field developments Breagh and Clipper South are both progressing on schedule.
8:00 PM EST | August 30, 2011
RWE Dea Gets Govt Nod for Breagh Field Development
RWE Dea UK announced that the field development plan for its operated Breagh gas field has received the unconditional approval of the Department of Energy and Climate Change (DECC) of the UK Government.
8:00 PM EST | July 24, 2011
RWE Welcomes New Managing Director
Hans-Joachim Polk will be the new Managing Director of RWE Dea Norge.
8:00 PM EST | June 30, 2011
RWE Dea Divests Acreage in Norwegian Sea
RWE Dea has entered an agreement with Marathon and Lundin to farm-down a total of 60 percent in production license 330 in the northern Norwegian Sea.
8:00 PM EST | May 24, 2011
RWE Dea Scoops Up Block Offshore Trinidad and Tobago
As a result of the 2010 shallow water bid round in Trinidad and Tobago, RWE Dea has been awarded one of the countrys offshore blocks.
8:00 PM EST | April 25, 2011
Technip Lands EPIC Contract for Clipper South Development
Technip was awarded a full EPIC contract by RWE Dea, for the Clipper South gas field development in the North Sea.
8:00 PM EST | April 04, 2011
RWE Dea Evacuates International Employees from N. Africa
Owing to the current situation in Libya, all international staff members of RWE Dea have been flown out of Egypt and Tripoli.
7:00 PM EST | February 23, 2011
Oil Majors Halt Drilling Ops in Libya
BP said Monday it was suspending preps to drill in the Libyan desert as its contractors pull out due to unrest in the country. Some companies have already pulled some of their staff from the country.
7:00 PM EST | February 20, 2011
RWE Dea Scoops Up 3 Licenses on Norwegian Shelf
RWE Dea Norge has been awarded three promising licenses in the recent APA 2010 licensing round by the Norwegian Ministery of Petroleum and Energy.
7:00 PM EST | January 31, 2011
Atwood Gets Notice from Customer of Force Majeure in Egypt
Atwood Oceanics said it has received a force majeure notice from one of its customers because of the civil unrest in Egypt.
7:00 PM EST | January 31, 2011
RWE Dea Discovers Gas Offshore El Amriya Concession
RWE Dea Egypt has made a gas discovery in its own operated North El Amriya concession.
7:00 PM EST | January 25, 2011
Lundin Wins Permit for Bredford Dolphin
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for wellbore 16/1-15 using the Bredford Dolphin semisubmersible.
7:00 PM EST | December 06, 2010
RWE Dea Awards Breagh Development Pipelay Contract to Allseas
RWE Dea UK announced that the contract for the engineering, installation and pre-commissioning of the offshore pipeline, and associated fibre optic cable, for the Breagh Development has been awarded to Allseas.
7:00 PM EST | November 25, 2010
Immerz to Manage RWE Dea's Turkmen Ops
Peter Immerz is the new General Manager of RWE Dea in Turkmenistan.
8:00 PM EST | October 31, 2010
RWE Dea Granted Drilling Permit in North Sea
The Norwegian Petroleum Directorate (NPD) has granted RWE Dea a drilling permit for well 35/9-6 S using the Bredford Dolphin.
8:00 PM EST | September 20, 2010
RWE Dea Hits Gas Pay Offshore Norway
RWE Dea Norge has made a significant gas discovery near the Heidrun field in the Norwegian Sea.
8:00 PM EST | September 15, 2010