Wintershall aims to become Europe's largest oil and gas company

Wintershall landed a solid result last year and expects to complete its merger with DEA during 2019. Bolstered by the acquisition, the German company sets its sights on becoming "the largest independent European gas and oil company," the CEO says.

Photo: Wintershall

German Wintershall has ambitions of becoming Europe's largest independent oil and gas company following its merger with DEA.

With earnings before interest and taxes at EUR 1.7 billion, Wintershall grew its 2018 operating result by 85 percent relative to the year prior, the company informs in a press statement Thursday.

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