Harbour Energy Buys Wintershall Dea's Upstream Assets for $11.2 Billion
21 Dicembre 2023 - 3:45PM
Dow Jones News
By Ian Walker
Harbour Energy said it would buy most of the upstream assets of
oil-and-gas producer Wintershall Dea for $11.2 billion from its
shareholders BASF and LetterOne.
The U.K. oil-and-gas company said Thursday that the deal
includes all of Wintershall Dea's upstream assets in Norway,
Germany, Denmark , Argentina, Mexico, Egypt, Libya and Algeria as
well as its carbon-dioxide capture and storage licenses in
Europe.
German chemicals giant BASF has a 72.7% stake in Wintershall
Dea.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
December 21, 2023 09:30 ET (14:30 GMT)
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