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Harbour Energy Buys Wintershall Dea Upstream Assets for $11.2 Billion - The Wall Street Journal

The Wall Street Journal · last updated

Harbour Energy Buys Wintershall Dea Upstream Assets for $11.2 Billion - WSJ

Updated Dec. 21, 2023 9:55 am ET

Harbour Energy said it would buy most of the upstream assets of oil-and-gas producer Wintershall Dea for $11.2 billion in cash and shares from its shareholders BASF and LetterOne.

The U.K. oil-and-gas company said Thursday that the deal includes all of Wintershall Dea’s upstream assets in Norway, Germany, Denmark, Argentina, Mexico, Egypt, Libya and Algeria as well as its carbon-dioxide capture and storage licenses in Europe.

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