Wintershall Dea
Wintershall Dea GmbH is a German gas and oil producer. The joint venture was created in May 2019 by the merger between Wintershall Holding GmbH and DEA Deutsche Erdoel AG. BASF SE has a 67% stake in it, with the other 33% being held by LetterOne, whose main ultimate owner is the Russian business magnate Mikhail Fridman. As of 2020 it was planning listing on the Frankfurt Stock Exchange.
| Company type | German limited liability company (GmbH) |
|---|---|
| Industry | Gas and oil (exploration and production) |
| Predecessors | |
| Founded | 1894 (Wintershall), 1899 (DEA, as Deutsche Tiefbohr-Actiengesellschaft, DTA) |
| Founders | Carl Julius Winter, Heinrich Grimberg (Wintershall), Rudolf Nöllenburg (first Managing Director of DTA) |
| Headquarters | Kassel and Hamburg, Germany |
Areas served | Northern Europe, Russia, Latin America, Middle East and North Africa |
Key people | Mario Mehren (CEO) Hugo Dijkgraaf (CTO) Paul Smith (CFO) Thilo Wieland (Region Russia, Latin America and Transportation and Interim Responsible MENA) |
Production output |
|
| Revenue | €5.9 billion (2019) |
| €2.8 billion (2019) | |
Number of employees | 2,847 (2019) |
| Website | wintershalldea.com |
In 2021, Wintershall Dea was ranked no. 25 out of 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle in the Arctic Environmental Responsibility Index (AERI).
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