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 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

Norwegian Petroleum Directorate grants drilling permit in PL609 to Lundin Petroleum

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7220/6-2, cf. Section 8 of the Resource Management Regulations. Well 7220/6-2 will be drilled from the Island Innovator drilling facility in position 72°34'13.13' north and 20°58'19.97' east. The dr... Monday, July 13, 2015

Sterling Resources announces Breagh operations and financial update

Sterling Resources Ltd. (TSX-V: SLG) announces an update to Breagh operations and a financial update. Unless otherwise noted all dollar figures contained in this release are denominated in U.S. dollars. Breagh Operations and Capital Expenditure Production at Breagh in the first half of 2015 was in... Monday, July 6, 2015

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