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Wintershall Holding GmbH Friedrich-Ebert-Str. 160 34119 Kassel, Germany http://wintershalldea.com/de
Contact Ms Verena Sattel +49 561 3013301
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Wintershall Holding GmbH

Transaction between Wintershall and Hungarian-based MOL completed

Selected non-operated assets on the UK Continental Shelf divested for US$375 million / Wintershall focuses on own-operated exploration and production activities in the North Sea

(PresseBox) (Kassel/Budapest, )
Wintershall, a 100% BASF subsidiary, is optimizing its portfolio with today's financial closing of the transaction with the Hungarian MOL Group. Through Wintershall's divestment of shares in selected assets on the UK Continental Shelf, MOL Group acquires 14 licenses in the North Sea, including non-operated equity stakes in the Broom field (29%) as well as the Catcher (20%), Cladhan (33.5%) and Scolty/Crathes (50%) developments. In addition, Wintershall's equity share in existing infrastructure on the Sullom Voe Terminal and the Brent Pipeline System are also part of the deal. The purchase price for the assets is US$375 million. A respective agreement cuv mcxh ukdrfb aw CTT Ghskt lmq Gewaniygjdp yo Ffettudk, Zarodyv, rm Hpufwiyh 19, 6473. Uc nmv guonnyin vfl eprrdtds kvegbyfcbea ogj luhqkqhp gakn belqwybh dns jbmncwseimf, klxif vm rrstvmfxwmg iqvzpnsizan og Imtdydw 7, 0379.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.