DEA Deutsche Erdoel AG headquartered in Hamburg, Germany, is an internationally operating exploration and production (E&P) company for natural gas and crude oil. The purpose of the business is the secure, environment-friendly and sustainable production of crude oil and natural gas along with its storage. DEA pursues a regionally focussed growth strategy as a means of increasing production and building reserves. Through purchasing licences and concessions DEA undertakes highly promising exploration projects in core regions as an operator or cooperation partner of national and international E&P enterprises. In addition to this, DEA regularly evaluates its possible participation in highly promising projects along the value chain.

In its exploration and production operations DEA applies its extensive geo-scientific know-how, state-of-the-art drilling and production technology and the pertinent experience from over 116 years of corporate history. In all our activities particular importance is attached to environmental protection, sustainability, safety and healthcare.

Latest Dea News

Lundin Petroleum provides update on Neiden exploration well, Barents Sea South

Lundin Petroleum AB announces that its wholly owned subsidiary Lundin Norway AS has successfully drilled a section of the exploration well 7220/6-2 on the Neiden prospect in PL609. Drilling operations on exploration well 7220/6-2 on the Neiden prospect have now been temporarily suspended due to win... Thursday, November 5, 2015

INEOS to purchase North Sea gas assets from DEA

INEOS announced that it has agreed to acquire a strong portfolio of natural gas assets in the North Sea from a UK subsidiary of DEA Deutsche Erdoel AG, which is part of the LetterOne Group. INEOS Upstream will acquire gas fields, including the Breagh and Clipper South fields in the Southern North S... Tuesday, October 13, 2015

Lundin Petroleum spuds exploration well 7220/6-2 on the Neiden prospect in the Barents Sea South

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced drilling of exploration well 7220/6-2 in PL609. The Neiden prospect is located in the northern part of PL609, some 60 km northeast of the Alta discovery and ... Monday, October 5, 2015

Lundin Petroleum successfully completes Alta appraisal wells

Lundin Petroleum AB is pleased to announce that its wholly owned subsidiary Lundin Norway AS has successfully completed the drilling of appraisal wells 7220/11-3 and 7220/11-3 A on the eastern flank of the Alta discovery in PL609. The Alta discovery is located 10 to 20 km northeast of Lundin Petrol... Wednesday, September 30, 2015

Subsea 7 awarded $500 million BP contract, offshore Egypt

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a contract with a value of approximately USD 500 million by BP, and partner DEA, for the development of the Taurus and Libra subsea fields offshore Alexandria, Egypt. The contract is the first phase of Egypt's West Nile ... Thursday, July 30, 2015

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