North Sea

MOL Group completes entry to UK North Sea

Wintershall sold its interests for $375 million.

Wintershall
25/03/2014 17:53
Visualizações: 1874 (0) (0) (0) (0)

 

Wintershall has completed its sale of various UK North Sea interests to Hungary’s MOL Group for $375 million. The two had first announced the transaction last December. 
MOL gains stakes in 14 licenses including non-operated equity in the Broom field (29%), the Catcher (20%), Cladhan (33.5%), and Scolty/Crathes (50%) developments. 
Additionally, it takes Wintershall’s share of infrastructure on the Sullom Voe terminal in Shetland and the Brent pipeline system. 

Wintershall has completed its sale of various UK North Sea interests to Hungary’s MOL Group for $375 million. The two had first announced the transaction last December. MOL gains stakes in 14 licenses including non-operated equity in the Broom field (29%), the Catcher (20%), Cladhan (33.5%), and Scolty/Crathes (50%) developments. 

Additionally, it takes Wintershall’s share of infrastructure on the Sullom Voe terminal in Shetland and the Brent pipeline system. 

 

Most Read
see see
PPSA
Federal Government receives R$ 917.32 million from Tupi ...
07/04/26
Study
Brazil increases dependence on thermal power, but lack o...
07/04/26
Permanent Offer
Permanent Production Sharing Offer (OPP): ANP publishes ...
07/04/26
Taxation
Infis Consultoria promotes the 4th Oil & Gas Taxation Se...
07/04/26
Green Hydrogen
Study at RCGI maps regions with the greatest potential f...
07/04/26
iBEM26
Goldwind advances in Bahia with factory in Camaçari and ...
27/03/26
iBEM26
Bahia showcases its bioenergy potential and reinforces i...
27/03/26
iBEM26
ESG practices in the renewable energy sector are highlig...
26/03/26
iBEM26
ABPIP highlights the role of independent producers in en...
26/03/26
iBEM26
Jerônimo Rodrigues highlights Bahia’s potential in the e...
26/03/26
Campos Basin
New oil discovery in the pre-salt of the Campos Basin
26/03/26
Royalties
Royalties: amounts related to January production for con...
26/03/26
iBEM26
iBEM 2026 begins in Salvador with debates on energy secu...
25/03/26
iBEM26
iBEM 2026 brings together specialists and discusses the ...
25/03/26
Petrobras
Museum of Petroleum and New Energies will operate in the...
19/03/26
Macaé Energy
Macaé Energy: debates focus on the strategic role of nat...
18/03/26
Macaé Energy
Macaé Energy 2026 strengthens the municipality’s positio...
17/03/26
Macaé Energy
With record-breaking attendance, the Macaé Energy trade ...
17/03/26
Offshore Technology & Subsea Engineering
Trendsetter Vulcan Offshore Customizes Tethered BOP Tech...
17/03/26
Macaé Energy
FIRJAN: Technical Conference is a Highlight of Macaé Ene...
16/03/26
Permanent Offer
Inclusion of 15 New Blocks in Permanent Offer (OPP) Bid ...
14/03/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.