Wintershall Dea continues development of Ravn field

Heavy downgrades don't affect the German gas giant's development plans in Denmark, where a major find is planned to be worked into the development of the Ravn field. The company is also preparing to drill a new well in the North Sea.

Photo: Wintershall DEA - PR

It may be that Wintershall Dea has to cut about EUR 100 million off its exploration budget for 2020, with capex for production and development being shaved down as well.

But that won't affect the German oil and gas giant's engagement in the Danish North Sea, Wintershall Dea informs EnergyWatch.

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