Wintershall Dea: Europe Needs More Gas from All Sources

Published

One of Wintershall DEA's gas platforms/Credit: Wintershall Dea
One of Wintershall DEA's gas platforms/Credit: Wintershall Dea

Oil and gas producer Wintershall Dea, which has a 70% gas portfolio, on Tuesday said Europe needed multi-sourced gas to support decarbonization away from coal and to create a platform for future hydrogen production from carbon-free energy.

Wintershall, one of five western world financiers of the Gazprom-led pipeline project, Nord Stream 2, said chief executive Mario Mehren in a call with analysts.

"It is important for Europe to count on as much (gas) infrastructure as possible to compensate for declining volumes of domestic production and to support our ambitious energy transition and emissions reduction," he said. 

(Reporting by Vera Eckert; Editing by Maria Sheahan)

Current News

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

Dajin Forms Offshore Wind Alli

EnerMech Hires Former SLB Executive to Lead Energy Solutions Division

EnerMech Hires Former SLB Exec

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Eni Expands Asian Footprint wi

Jasmund Substation’s Topside and Jacket Sets Sail to Baltic Sea

Jasmund Substation’s Topside a

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine