DEA Deutsche Erdoel
DEA Deutsche Erdoel AG, headquartered in Hamburg, Germany, is engaged in the exploration and production of crude oil and natural gas both domestically and internationally. The company holds licenses for production and exploration in various countries, including Germany, Algeria, Denmark, Egypt, Ireland, Libya, Norway, Suriname, and Turkmenistan. Founded in 1899 and formerly known as RWE Dea AG, DEA Deutsche Erdoel has a workforce of approximately 1,150 employees and has developed extensive experience across the entire upstream value chain. As of January 1, 2017, the company reported proved plus probable reserves of 667 million barrels of oil equivalent. DEA Deutsche Erdoel was acquired by Wintershall Dea GmbH in May 2019, marking a significant transition in its operational landscape.
Sierra Oil & Gas
Acquisition in 2018
Sierra Oil & Gas is an independent oil and gas company that specializes in the exploration, development, and production of low-to-medium risk upstream and midstream opportunities in Mexico. Known for its deep local knowledge and broad international expertise, the company emphasizes compliance with stringent ethical and health, safety, and environmental standards. Transparency is a core aspect of its corporate culture, aligning with the evolving landscape of the Mexican energy sector. Sierra Oil & Gas aims to leverage Mexico's energy reform to enhance its operations while maintaining a commitment to best practices in the industry.
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