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.
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Sierra Oil & Gas
Acquisition in 2018
Sierra Oil & Gas operates as an independent oil and gas company, specializing in the exploration, development, and production of low to medium-risk upstream and midstream projects in Mexico. The company is distinguished by its deep local knowledge and broad international expertise, ensuring compliance with stringent ethical and health, safety, and environmental standards. Sierra's corporate culture emphasizes transparency, reflecting its commitment to the Mexican energy reform.
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