Achim Development News Today

Mario Mehren did not comment on whether nationalizing Wintershall Deas shares in Russian enterprises was being discussed

The decree was adopted last year and initially was valid until October 1, 2023

The findings, by RFE/RL and the British anti-corruption group Global Witness, raise new questions about Wintershall’s continued investments and business dealings in Russia. 

Wintershall Dea, one of the largest oil and gas companies in Europe, has no plans to repair the Nord Stream gas pipeline, but is focused on ensuring environmental safety in the area of pipeline damage, the German company’s CEO Mario Mehren said at a press conference, according to TASS

BASF will take a 7.3 billion euro ($7.9 billion) writedown as its Wintershall Dea energy business pulls out of Russia, the…

The company is also withdrawing from negotiations with Gazprom on the purchase of a 24.98% stake in the project to develop sections 4A and 5A of the Achimov deposits of the Urengoy field

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Russia: Gazproms Achim Development on-stream 23 Apr 2021 Gazprom-operated Achim Development has started the hot commissioning of Area 5A of the Urengoyskoye oil, gas and condensate field in Western Siberia. Just a few months after first gas was produced from the Achimov formations in Area 4A, both production complexes are now undergoing comprehensive testing procedures under operating conditions and delivering hydrocarbon products. The start of this process marks another significant mileston...

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Achim Development commences hot commissioning of Area 5A in Siberia 22 Apr 2021 (Last Updated April 22nd, 2021 17:35) Achim Development has commenced the hot commissioning of Area 5A of the Urengoyskoye oil, gas and condensate field in Siberia. Share Article The hot commissioning of the start-up complex was launched in January 2021. Credit: Wintershall Dea. Achim Development has commenced the hot commissioning of Area 5A of the Urengoyskoye oil, g...