Major divestments for Wintershall in Norway
The German oil company has divested a number of oil activities on the Norwegian Shelf - including the disputed Yme project. The buyer is Norwegian Tellus Petroleum, which was recently taken over by a Dutch company.
BY THOMAS BO CHRISTENSEN, ENERGIWATCH
The oil company Wintershall, which is owned by German industry giant BASF, sold a large portfolio of oil activities in Norway for a total price of USD 602 million, according to a press release.
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