London, 05 August 2010, RWE Dea
RWE Dea UK announced today that the contract for the engineering, procurement and construction (“EPC”) of a minimum facilities platform for the Breagh A Development has been awarded to Heerema Vlissingen B.V. (“Heerema”). This is the second contract this year to be awarded by RWE Dea UK to Heerema, following an award of an EPC contract in April for a minimum facilities platform for the Clipper South development.more
Hamburg/Cairo, 19 July 2010, RWE Dea
RWE Dea will be investing 3.6 billion US-Dollars in the field development in the North Alexandria and West Mediterranean Deep Water concessions – the biggest single investment for the upstream company to date. Together with the Egyptian Petroleum Minister Sameh Fahmy, the Egyptian state-owned company EGPC and the operator BP, RWE Dea signed the relevant agreements, which had previously been approved by the Egyptian Cabinet and the Egyptian Parliament, in Cairo.more
London, 27 May 2010, RWE Dea AG
RWE Dea announced today that with an operating profit of roughly 128 million euro in the first quarter 2010 the company remains on its growth track in the international gas and oil business. While several field development projects in the UK and Northern Africa are on the brink, RWE Dea also successfully accomplished the acquisition of two new licence areas in the United Kingdom.more
Ashgabat, 14 April 2010, RWE Dea
RWE Dea has officially opened its new branch in Turkmenistan, trading as RWE Dea AG, Turkmenistan Branch. Last year, the German upstream company was granted the exploration rights for Licence Block 23, located in the Turkmenian part of the Caspian Sea and established a local branch.more
Friedrichskoog, 01 April 2010, RWE Dea
RWE Dea AG provides support for heating and ventilation systems in place at the health and wellness resort Fontamar in Friedrichskoog by supplying it with petroleum gas. The new supply concept was developed in close consultation with the municipality of Friedrichskoog. RWE Dea supplies 50,000 m3 of petroleum gas per year from its Mittelplate reservoir under a sponsorship arrangement. more
Tripoli, 25 March 2010, RWE Dea
RWE Dea AG has completed its seismic campaign in the Concession Area 58 on the Cyrenaica Plateau in Libya. The seismic survey had started in July last year.more
Oslo, 19 March 2010, RWE Dea
Within the scope of the music promotion programme sponsored by RWE Dea, last night scholarships were awarded to young talented students of classical music for the 11th year in succession. The five junior musicians received scholarship for study periods of five and ten months at German universities or with private teachers.more
Hamburg, 17 March 2010, RWE Dea
Hamburg-based RWE Dea remains on its growth track in the international gas and oil business, as numerous operational successes prove. Despite the economic crisis in 2009 and significantly lower prices for crude oil and natural gas leading to a fall in revenues and a lower operating result, RWE Dea invested in promising projects and increased its reserves and resources. “In spite of the unfavourable market environment, RWE Dea continues to pursue its ambitious growth targets and the associated investment plans,” the new Chairman of the Board of Management, Thomas Rappuhn, emphasised at today’s annual press conference in Hamburg. “The generally difficult economic situation has also opened up opportunities. By acquiring successfully explored gas fields in the UK, we have laid the foundations for rapid growth,” Thomas Rappuhn continued. In 2009 RWE Dea wrote another chapter in its success story of exploration and appraisal wells: “A 63% discovery rate was significantly higher than the figures for previous years and it is also well above the industry average.”more
Baku, 10 March 2010, RWE Dea
The RWE Group expands its commitment in Azerbaijan. The company and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed a memorandum of understanding to draw up an agreement for the hydrocarbon exploration and development for the Nakhichevan perspective structure in the Azerbaijan sector of the Caspian Sea. The signing of the memorandum of understanding took place today in Baku.more
Hamburg, 26 February 2010, RWE Dea
RWE Dea has begun production in the newly developed Nini East crude oil field in Denmarkmore
Wesendorf, 24 February 2010, RWE Dea
Exploration well north of Gifhorn did not encounter oil within the target horizon.more
Essen, 12 February 2010, RWE AG
Lutz-Michael Liebau, Chief Financial Officer (CFO) of RWE Dea, will be retiring on 31 October 2010 after 30 years with the company.more
Hamburg, 01 February 2010, RWE Dea
Leading specialists of the oil and gas sector in Turkmenistan undergo a one week training at the head office of RWE Dea AG in Hamburg, Germany.more
Oslo, 27 January 2010, RWE Dea
Commitment in Norway strengthened with stakes in two licencesmore
Hamburg, 06 January 2010, RWE Dea
Thomas Rappuhn (50) took over as Chairman of the Management Board of RWE Dea AG, Hamburg, effective 1 January, 2010. In this position, he is the successor to Dr Georg Schöning, who retired at the end of 2009.more
Ummern, 05 January 2010, RWE Dea
The first exploratory well in the search for oil deposits north of Gifhorn unfortunately failed to encounter oil at the target horizon.more
