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Wintershall Dea AG Friedrich-Ebert-Straße 160 34119 Kassel, Germany http://wintershalldea.com
Contact Mr Kjetil Hjertvik 47 (922) 37069
Company logo of Wintershall Dea AG
Wintershall Dea AG

Wintershall Dea exits Brage oil field

(PresseBox) (Kassel, )

OKEA purchases Wintershall Dea’s 35.2% share in Brage and 6.46% share in Ivar Aasen, as well as 6% of the Nova development for €108 million (NOK 1.1 billion)
In addition, a contingent payment structure is also part of the transaction
Brage gains leading mid-late life specialist operator with focus on extending lifetime of mid to late life fields
Wintershall Dea moving forward as an experienced subsea operator with stronger focus on gas and carbon management projects


Wintershall Dea is divesting its ownership of the Brage field and transferring the operatorship to the mid-late life specialist operator OKEA. In the next chapter of Wintershall
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