WILL ADNOC ACQUIRE WINTERSALL DEA?

November 27, 2023

ADNOC, the Abu Dhabi energy giant is in a race with other suitors to acquire the German oil and gas producer Wintershall DEA, which is a stakeholder in its Ghasha offshore concession.
Any deal could value Wintershall Dea at more than 10 billion euros ($11 billion), Bloomberg reported.
BASF, which holds a 72.7% stake in Wintershall Dea
(Source: IOG/EIN/Bloomberg – Image: Wintershall DEA worker on Dvalin field facility/Wintershall DEA)