DEA AG

























































DEA AG
Industry Oil and gas
Predecessor Deutsche Erdöl-Aktiengesellschaft (DEA)
Founded 1899
Headquarters
Hamburg
,
Germany
Number of locations
 12
Revenue €1.9 billion
Operating income
 €558 million
Net income
 €197 million
Number of employees
 1,362
Parent L1 Energy
Website www.dea-group.com

DEA AG is an international oil and gas company headquartered in Hamburg, Germany. It is a subsidiary of L1 Energy. As of 2014, DEA owns stakes in about 190 oil and gas licenses in 14 countries.[1] The company also operates natural gas underground storage facilities in Germany.[2]


DEA is a derivation from Deutsche Erdöl-Aktiengesellschaft, the original name of the company.


DEA was formerly a subsidiary of RWE, which put DEA for sale in 2013. Wintershall, a consortium of KKR & Co. and Kufpec, and an investment company L1 Energy of Mikhail Fridman made their bids.[1] In March 2014 it was announced that DEA would be bought by L1 Energy for €5.1 billion.[3] On August 22, 2014 Germany's economy ministry approved the sales to Russian tycoon Mikhail Fridman and his co-investors.[4]



References





  1. ^ ab Schuetze, Arno (2014-01-23). "RWE receives bids worth 3.5-5 bln euros for DEA - sources". Reuters. Retrieved 2014-02-08..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output .citation q{quotes:"""""""'""'"}.mw-parser-output .citation .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Wikisource-logo.svg/12px-Wikisource-logo.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-maint{display:none;color:#33aa33;margin-left:0.3em}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ "RWE Dea". OilVoice. Retrieved 2010-06-14.


  3. ^ Andresen, Tino; Humber, Yuriy (2014-03-17). "Billionaire Fridman's L1 Buys RWE Unit for $7.1 Billion". Bloomberg. Retrieved March 23, 2014.


  4. ^ Ludwig Burger (August 22, 2014). "Germany clears $6.9 billion RWE unit sale to Russian investor".




External links




  • Official website


  • Documents and clippings about DEA AG in the 20th Century Press Archives of the German National Library of Economics (ZBW)










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