North Sea
Wintershall sold its interests for $375 million.
Wintershall
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.
Contact us
2