Date: 7 months ago   Category: Economy

Shareholders of Alfa-Bank invest €2 billion in oil and gas production in Norway


The international oil and gas company DEA Group with the headquarters in Hamburg declared that it will increase investments into oil and gas projects in Norway. DEA in 2014 has been bought LetterOne - the structure created by shareholders of Alfa Group for investment into the international assets in oil and gas and telecommunication branches. the International oil and gas company DEA Group with the headquarters in Hamburg (Germany) has reported

on August 27 on the website that it will invest more than €2 billion in projects in Norway, including - in Dvalin gas mining.

the Company plans to double production on the Norwegian continental shelf.

"DEA possesses the considerable and balanced portfolio on all areas of the shelf. Now we have concentrated on Dvalin which operator are ourselves. Production, according to plans, starts in 2020. The most part of investments goes to this project, - the press service DEA Group to the head of the company quotes Maria Hanssen. - However, possessing a share in 50%, we is the main shareholder of development [the oil and gas field] of Njord. Together with the operator, the Equinor company, we work on improvement of the available installations and we plan to develop and integrate the Bauge Field field subsequently".

the Company develops also the Nova field in a northern part of the Norwegian Sea, the beginning of production on the site is planned for 2021. Hanssen has reported that after start of all projects the volume of production of the company in Norway will double.

of RBC Ukraine writes that DEA belonged to the German energy company RWE till 2014 when it was bought by L1 Energy - division of LetterOne Group, the structure created by shareholders of Alfa Group for investment into the international assets in oil and gas and telecommunication branches.

Final shareholders Alpha Group are the Russian businessmen Mikhail Friedman, German Han and Alexey Kuzmichev. Enter into banking group of the company "Alfa-Bank Ukraine", "Alfa-Bank Belarus" and "Alfa-Bank Kazakhstan".

URL:




Today

just now

It is known that the grace period of customs clearance of cars with the European numbers nicknamed in the people "eurometal plates" ended on February 22. Not everyone started legalizing cars and so, a...

just now

The actor Alexey Panin admitted hatred to Russia and Russians, having emphasized that he is a citizen of Earth. the Russian actor Alexey Panin Famous for the shocking behavior admitted hatred to the...

just now

Vitor Bueno does not wish to leave the Kiev Dynamo, Fox Sports reports. The Brazilian was leased at Santos till summer of 2020. Vinger has no stable game practice, also earlier it was noted that it...

just now

The national team of Serbia which is the rival of Ukraine in selection EBPO-2020 group, in a friendly match drew with Germany. the Head coach of "white eagles" Mladen Krstajic was forced to do without seven performers who left an operation because of various injuries. Probably, therefore he did not manage to play against the German team two forwa...

just now

MBK Mykolaiv - "Chemist" (Youzhny) - 68:80 (17:13, 13:28, 20:20, 18:19) the Superleague-2019 approaches an outcome. MBK Mykolaiv reached the playoffs from the fifth place. Could be higher, but an etobolsha a question not to the trainer, but officials who in the middle of the championship of Ukraine unexpectedly began "to master" budget money on r...

just now

The enemy bullet overtook the Ukrainian serviceman right after a feat on Donbass of on March 18 Evgeny Kerichanin reflected approach of fighters in the Luhansk region. The press center of Operation...

just now

For three days the leader of Inter Roman Kademin, and in the past the Melitopol journalist, was had to 1975 and turned into the famous actor, vainglorious and greedy for women. And all for the sake of...

just now

28 European Union countries do business mainly with each other and also with the USA and China. For most of them the main export-import market is Germany. the Most important external economic partne...