Wintershall Dea
Wintershall Dea is a global company based in Kassel, Germany, engaged in the exploration and production of natural gas and crude oil. Formed through the merger of Wintershall Holding GmbH and DEA Deutsche Erdöl AG, the company operates as a reliable partner and pioneer in the energy sector. Wintershall Dea provides a range of services, including exploration, gas transportation, development, production, and carbon management. Additionally, the company is involved in hydrogen supply chain management, reflecting its commitment to integrating innovative concepts and technologies into its core operations.
HiiROC
Venture Round in 2021
HiiROC is an industrial company that produces hydrogen from biomethane, flare gas, or natural gas with no CO2 emissions. The company's proprietary technology enables low-cost, zero-emission hydrogen production at a cost comparable to steam methane reforming but without the emissions and using one-fifth of the energy required by water electrolysis. Its zero-emission carbon black can replace that made by the existing high-emission/pollution oil furnace production method. HiiROC is pioneering a new approach to methane cracking that produces solid carbon rather than CO2 emissions and thus does not contribute to global warming.
Earth Science Analytics
Series B in 2020
Earth Science Analytics AS specializes in developing cloud-based software for the petroleum geosciences market. The company offers a suite of tools, including EarthNET, a web-based platform that utilizes artificial intelligence for data analysis and prediction of subsurface rock and fluid properties. Additionally, it provides EarthBANK for geo-data management, EarthGRAPH for data visualization, and EarthINSIGHT as a decision support tool. Founded in 2012 and headquartered in Stavanger, Norway, Earth Science Analytics aims to enhance exploration success in complex geological environments by delivering high-quality, data-driven predictions to clients in the oil and gas exploration and production sector. The company's innovative machine learning workflows facilitate a deeper understanding of subsurface uncertainties, allowing for more efficient and precise operations compared to traditional methodologies.
DEA Deutsche Erdoel
Acquisition in 2017
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.
Wintershall Group
Acquisition in 2017
Wintershall Holding GmbH focuses on exploration and production in oil and gas-rich regions. Wintershall is also active in the transportation of natural gas in Europe. The company has about 2,000 employees worldwide and is Germany’s largest, internationally active crude oil and natural gas producer.
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