Wintershall plans for strong participation at ADIPEC
Source: bridge:media for Wintershall , Author: Posted by BI-ME staff
Posted: Sat November 10, 2018 1:48 pm

UAE. Wintershall Holding GmbH, Germany's largest internationally active crude oil and natural gas producer, announced today its participation in this year’s edition of Abu Dhabi International Petroleum Exhibition Conference (ADIPEC), which will be held on November 12 – 15, at ADNEC.

Located in Hall 6, Wintershall’s stand will feature the company’s latest cutting-edge technologies and the most innovative and effective methods it applies throughout its activities worldwide and in the Middle East region.

“We are happy to present our skills again at one of the most influential events in the Middle East region”, said Mario Mehren, CEO of Wintershall.  “Our participation in this year’s edition of ADIPEC comes as part of our commitment to the Middle East region, which boasts nearly half of world’s oil and gas reserves. We will continue invest in deploying our international expertise and latest technology in this key market.” Considered one of the top international oil and gas exhibitions, the four-day event is set to host over 2,200 exhibiting companies, and welcome more than 110,000 visitors from across the globe. Industry leaders from across the globe will be taking part in the various panels, presentations and key notes in during ADIPEC.

Wintershall’s Chief Executive will also take part in one of ADIPEC’s Global Industry Leaders sessions. Titled: “Harnessing the power of digitalization in upstream operations: implementing and deploying innovative disruptive technologies”, the session is scheduled for day 2 of the exhibition.

Wintershall is a subsidiary of BASF, one of the world’s largest chemical producers, and was the first German oil and gas exploration and production company to open a representative office in Abu Dhabi in 2010.

Photo Caption:  Mario Mehren, CEO of Wintershall (File photo)

About Wintershall Holding GmbH
Wintershall Holding GmbH, based in Kassel, Germany, is a wholly-owned subsidiary of BASF in Ludwigshafen. The company has been active in the extraction of natural resources for 120 years, and in the exploration and production of crude oil and natural gas for over 85 years. Wintershall focuses on selected core regions where the company has built up a high level of regional and technological expertise. These are Europe, Russia, North Africa, South America, and increasingly the Middle East region.

The company wants to expand its business further with exploration and production, selected partnerships, innovation and technological competence. Wintershall employs about 2.000 staff worldwide from 50 nations and is now Germany’s largest, internationally active crude oil and natural gas producer.

At the end of September 2018, BASF and LetterOne signed a binding agreement to merge their respective oil and gas companies, Wintershall and DEA (Deutsche Erdöl AG). Subject to regulatory approvals, the transaction is expected to close in the first half of 2019.

Wintershall DEA would become the leading independent oil and gas producer in Europe. BASF and LetterOne are planning an initial public offering (IPO) for Wintershall DEA in the medium term.
Wintershall. Shaping the future.

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