Wintershall Dea to Showcase Ghasha Concession at ADIPEC 2019

Wintershall Dea to Showcase Ghasha Concession at ADIPEC 2019

Wintershall Dea, Europe’s leading independent gas and oil firm, announced a press release its participation in the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC), held on November 11–14, at ADNEC,  citing Zawya.

Wintershall Dea will highlight its activities in the United Arab Emirates (UAE) as well as the cutting-edge technologies and ‘Made in Germany’ engineering expertise that it applies in Abu Dhabi and worldwide.

Wintershall Dea’s Chief Executive Officer (CEO), Mario Mehren, expressed the firm’s keenness to be at one of the most influential events, ADIPEC, saying: “Since last year’s event, we’ve shown our commitment to the Middle East region by acquiring a stake in the Ghasha concession, the largest gas and condensate fields yet to be developed in the United Arab Emirates.”

Wintershall Dea holds a 10% stake in the concession for a term of 40 years, alongside ADNOC (55%), ENI (25%), OMV (5%), and Lukoil (5%).

 

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