RWE-DEA Company News

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Sharp Fall In Applications For Norway's Arctic Oil Permits
Tuesday, December 05, 2017Norway'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

Lundin Granted Drilling Permit in PL609
Thursday, September 10, 2015The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for well 7220/11-3 A, which is located in production license 609.

Lundin Spuds Appraisal Well on Alta Discovery
Wednesday, March 25, 2015Lundin Petroleum spuds an appraisal well on the Alta discovery in the southern Barents Sea.

Japan's JX, GDF Suez Find New Oil in UK North Sea
Friday, March 13, 2015JX Nippon Oil and Gas Exploration Corp says it had discovered new oil in the UK Central North Sea.

RWE To Complete DEA Disposal Very Soon
Friday, February 27, 2015RWE 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.

FT: RWE CEO Says Concerns Over DEA Sale Can Be Addressed
Monday, December 29, 2014RWE 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.

Statoil Defers Decision on $5.7B Oil Recovery Project
Monday, December 01, 2014Norway'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.

If RWE Unit Sale to Fridman Falters, Hungary's MOL Still Keen
Thursday, October 16, 2014MOL 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.

RWE, SOCAR To Study Potential For Oil In Caspian Off Azerbaijan
Wednesday, May 07, 2014RWE signs an agreement with SOCAR to examine the potential for oil and gas under the shallow waters off Azerbaijan's Caspian coast.

RWE Sells Oil and Gas Unit to Group Led by Russia's Fridman
Monday, March 17, 2014RWE strikes a deal to sell its oil and gas production arm, DEA, to a group of investors led by Russian tycoon Mikhail Fridman.

RWE DEA Comes Up Dry with Norwegian Sea Well
Monday, October 14, 2013Wildcat well 6608/2-1 S in the Norwegian Sea comes up dry.

RWE DEA Starts Up Production at Breagh Field
Monday, October 14, 2013Sterling Resources announces that first production from the Breagh gas field in the UK Southern North Sea has begun.

RWE Dea Farms into Block off Suriname
Wednesday, June 12, 2013RWE Dea joins forces with Petronas by grabbing a 40 percent stake in a license off the coast of Suriname.

Nabucco to Make Binding Bid for Shah Deniz Field Soon
Friday, April 12, 2013Nabucco Gas Pipeline International says it will submit its binding bid for the Shah Deniz gas field in Azerbaijan at the end of April.

Valiant Farms out Handcross Prospect
Thursday, March 28, 2013Valiant farms out 20 percent of its Handcross project in the North Sea to RWE Dea.

Serica Energy Sees Busy Year Ahead
Monday, January 21, 2013Serica Energy expects to see progress in a number of projects in UK, Irish and African waters during 2013.

RWE Dea Scores New Egyptian Concession
Monday, November 12, 2012RWE Dea has been awarded a new offshore concession in Egypt, East Ras Budran Offshore.

Eni Norge, Lundin Make Gas Condensate Discovery in Barents Sea
Friday, October 05, 2012Norwegian 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.

BP Starts Up Devenick Gas Project
Thursday, October 04, 2012The $1 billion Devenick gas project will produce 100 million cubic feet of gas per day when it peaks next year.

Faroe Buys 12.5% Stake in Barents Sea Well
Thursday, August 23, 2012Faroe Petroleum's acquisition of a stake in the Darwin prospect hailed a significant step towards establishing a strategic position in the Barents Sea.

RWE Dea Fires Up Gas Production at Clipper South
Monday, August 13, 2012RWE Dea's announces the delivery of first gas from the Clipper South field in the southern North Sea.

RWE Shelves Plans to Sell Egyptian Fields
Friday, August 10, 2012Germany's RWE says lack of interest from potential buyers amid Arab Spring turmoil behind decision to shelve sale of Egyptian oil and gas fields.

RWE Dea Spuds Breagh Well in N. Sea
Thursday, May 17, 2012RWE Dea UK has commenced development drilling at the Breagh field using the Ensco 70 jackup.

RWE Dea Norge Makes Gas Discovery in Norwegian Sea
Tuesday, April 24, 2012Up to 13 billion standard cubic meters of gas has been found near the Heidrun field in the Norwegian Sea.

RWE Dea to Start Up Seismic Program Offshore Turkmenistan
Tuesday, April 17, 2012Within the scope of its exploration activities, RWE Dea is set to begin its seismic acquisition program off the Turkmenian coast in the Caspian Sea.

RWE Dea to Farm-In to North Sea License
Monday, March 12, 2012RWE 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.

Drilling Commences at RWE Dea's Clipper South
Thursday, February 16, 2012RWE Dea UK announced that the first development well for the Clipper South gas field was spudded on February 8.

RWE Scoops Up Seven Licenses
Friday, January 27, 2012The 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).

Lundin, Partners Propose Development Plan for Luno Field
Thursday, January 19, 2012Lundin 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.

RWE Dea Spins Bit in Norwegian Sea
Tuesday, January 17, 2012RWE Dea Norge commenced the drilling of a second well in production license PL435 in the Norwegian Sea beginning of the year.

Idemitsu Discovers O&G Reserves in North Sea Structure
Monday, December 26, 2011Idemitsu 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.

RWE Dea Awaits Govt Approval for Drilling Offshore Germany
Thursday, November 03, 2011RWE Dea has submitted applications to conduct exploratory drilling off the coast of Schleswig-Holstein and Lower Saxony, off Cuxhaven.

RWE Dea Installs Breagh Platform in North Sea
Tuesday, October 25, 2011RWE Dea UK announced that the Breagh Alpha platform has been successfully installed in the North Sea.

Heerema Wraps Up RWE Dea Construction Projects
Thursday, September 29, 2011Heerema completed the construction of the minimum facilities platforms for the Clipper South Development and the Breagh Alpha Development.

RWE Dea's UK Fields Breagh and Clipper South on Track
Wednesday, August 31, 2011RWE Dea UK's field developments Breagh and Clipper South are both progressing on schedule.

RWE Dea Gets Govt Nod for Breagh Field Development
Monday, July 25, 2011RWE 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.

RWE Welcomes New Managing Director
Friday, July 01, 2011Hans-Joachim Polk will be the new Managing Director of RWE Dea Norge.

RWE Dea Divests Acreage in Norwegian Sea
Wednesday, May 25, 2011RWE 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.

RWE Dea Scoops Up Block Offshore Trinidad and Tobago
Tuesday, April 26, 2011As a result of the 2010 shallow water bid round in Trinidad and Tobago, RWE Dea has been awarded one of the countrys offshore blocks.

Technip Lands EPIC Contract for Clipper South Development
Tuesday, April 05, 2011Technip was awarded a full EPIC contract by RWE Dea, for the Clipper South gas field development in the North Sea.

RWE Dea Evacuates International Employees from N. Africa
Thursday, February 24, 2011Owing to the current situation in Libya, all international staff members of RWE Dea have been flown out of Egypt and Tripoli.

Oil Majors Halt Drilling Ops in Libya
Monday, February 21, 2011BP 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.

RWE Dea Scoops Up 3 Licenses on Norwegian Shelf
Tuesday, February 01, 2011RWE Dea Norge has been awarded three promising licenses in the recent APA 2010 licensing round by the Norwegian Ministery of Petroleum and Energy.

Atwood Gets Notice from Customer of Force Majeure in Egypt
Tuesday, February 01, 2011Atwood Oceanics said it has received a force majeure notice from one of its customers because of the civil unrest in Egypt.

RWE Dea Discovers Gas Offshore El Amriya Concession
Wednesday, January 26, 2011RWE Dea Egypt has made a gas discovery in its own operated North El Amriya concession.

Lundin Wins Permit for Bredford Dolphin
Tuesday, December 07, 2010The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for wellbore 16/1-15 using the Bredford Dolphin semisubmersible.

RWE Dea Awards Breagh Development Pipelay Contract to Allseas
Friday, November 26, 2010RWE 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.

Immerz to Manage RWE Dea's Turkmen Ops
Monday, November 01, 2010Peter Immerz is the new General Manager of RWE Dea in Turkmenistan.

RWE Dea Granted Drilling Permit in North Sea
Tuesday, September 21, 2010The Norwegian Petroleum Directorate (NPD) has granted RWE Dea a drilling permit for well 35/9-6 S using the Bredford Dolphin.

RWE Dea Hits Gas Pay Offshore Norway
Thursday, September 16, 2010RWE Dea Norge has made a significant gas discovery near the Heidrun field in the Norwegian Sea.