Talk:Wintershall
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Untitled
[edit]Needs a lot of help. I didn't see an article, so I cut and pasted.
I'm sorry :( Twiztidlojik 03:49, 22 October 2006 (UTC)
Oh god what have I done Twiztidlojik 04:08, 22 October 2006 (UTC)
Fair use rationale for Image:Wintershall-Logo.svg
[edit]
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Formatting InfoBox
[edit]Someone asked about formatting the infobox for aesthetics on IRC to not make the H1,H2 run into it. The answer would be to add the following to the InfoBox:
| bodystyle = margin-left:50px;
Where 50px would be replaced by the actual margin you wished. --Jdpond (talk) 15:22, 26 February 2013 (UTC)
Lead Section Is it appropriate to add recent sales record in lead section. I have visited several pages and haven't seen such pattern in most o the cases. I tried to improvise it but since i am not sure about the sales part so I am leaving a query here.Hensley-J.cook (talk) 19:25, 14 November 2018 (UTC)
Edit request
[edit] | This edit request by an editor with a conflict of interest has now been answered. |
Hello. We updated and translated de.wikipedia article and want to expand the existing one. We went through the same process for the DEA AG Wikipedia article, which was adapted. Here is the article:
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 Wintershall Holding GmbH, based in Kassel, was Germany's largest crude oil and natural gas producer. It was a wholly owned subsidiary of BASF. The company was active in oil and gas exploration and production with operations in Europe, North Africa, South America as well as Russia and the Middle East region. Wintershall employed more than 2,000 people worldwide. In the 2018 financial year the company produced around 171 million barrels of oil equivalent (boe) of oil and gas. Revenues amounted to 4.09 billion euros.[2] On 1 May 2019, Wintershall merged with DEA to form Wintershall Dea. BASF holds 67% of the shares in the joint venture. History
The early years
Wintershall was founded on 13 February 1894 by mining entrepreneur Carl Julius Winter, together with mining-industrialist Heinrich Grimberg. It was originally established as a civil engineering company to mine potash salt in Kamen.[3] The name Wintershall (pronounced: Winters·hall) is derived from the surname of Carl Julius Winter and the Old High German word for salt (Hall, see halite, halurgy).[4] Ground was first broken on 23 April 1900 to drill the Grimberg shaft at Widdershausen and the first Wintershall potash works were built in Heringen. Wintershall drilled further shafts in the Werra potash fields, building and acquiring other works in the region. From 1895 to 1913, the potash shafts drilled in the Werra Valley numbered seven in Hesse and 21 in Thuringia.[5] In 1930, crude oil production was added to Wintershall's line of work when a leakage of crude oil into one of the potash shafts in Völkenrode turned out to be a promising prospect for Wintershall. The increasing motorization as well as the subsequent gathering of munitions for the war meant that crude oil was very much in demand. Hence, from then on Wintershall concentrated on developing crude oil resources.[6] The Third Reich
Wintershall benefited extensively from expropriation in Nazi Germany, the use of forced labourers and concentration camp internees, and from the politically active role of August Rosterg, who ran the company from World War I to the end of World War II.[7] Rosterg maintained close ties with the NSDAP elite and met the commander of the SS, Heinrich Himmler, personally on several occasions. The American military government considered Rosterg, as a member of “Himmler’s circle”, to be a “captain of industry under the National Socialist regime”. Under his management, Wintershall was fully integrated in the NS system and acted in accordance with its goals.[7] In the 1930s, Wintershall took over Naphthaindustrie und Tankanlagen AG (NITAG), renaming it NITAG Deutsche Treibstoffe AG in 1938.[8] NITAG had already been “Aryanised” by the time it was taken over, with the Jewish family Kahan no longer holding any shares in the company from 1932 at the latest. As a result, NITAG became the main sales subsidiary for mineral oil products alongside Mihag, Wiesöl and Wintershall Mineralöl GmbH.[9] Forced labourers were increasingly used during World War II. Internees from the Buchenwald concentration camp had to work at Wintershall’s Lützkendorf plant.[10][11] Post-war
In the post-war era, Wintershall lost a large oil refinery in Lützkendorf, some of its NITAG service stations and the potash shafts and works in Thuringia due to expropriation in the Soviet Occupation Zone.[12] In 1951, Wintershall made its first natural gas discovery in Northern Germany.[13] After the Securities Validation Act was implemented in 1949/1950, Wintershall and DEA 1952 acquired the majority stake in Deutsche Gasolin AG in connection with construction of the Emsland crude oil refinery.[14] In 1956, Wintershall’s sales subsidiary NITAG was merged with Gasolin AG to create Deutsche Gasolin Nitag AG, after which Wintershall became a co-owner of Aral by contributing its shares in NITAG and Gasolin.[9] In 1965, Wintershall took over Preussag’s shares in the Buggingen potash mine.[15] Takeover by BASF
In 1969, the BASF Group took over Wintershall as it was an important supplier of raw materials and hence enabled BASF to secure the resources it needed.[16] The potash mining operations were integrated into Kali und Salz AG in 1970.[17] Since then, the company has focused on gas and oil. Wintershall’s subsidiary Gasolin was merged with its sister company Aral in 1971.[18] In 1987, Wintershall began operating the Mittelplate drilling platform on the edge of the Schleswig-Holstein Wadden Sea National Park along with DEA in a 50:50 joint venture.[19] More than 35 million tonnes of crude oil have been produced to date by the relatively small production island, which measures just 70 by 95 metres.[20] The Mittelplate offshore field contributes 55% to the German oil production.[21] Up to the Merger
From the 1990s, Wintershall became increasingly involved in natural gas trading. An agreement on the marketing of Russian natural gas in Germany was signed with the Russian producer Gazprom in the autumn of 1990. The cooperation between companies from the Russian and German energy industry under the “Agreement on Cooperation in the Gas Industry” was concluded shortly before German reunification.[22] Wingas was founded in 1993 as a joint venture between Wintershall and Gazprom.[23] European unbundling regulations meant that network operation and storage had to be split from natural gas trading and transferred to separate companies. Consequently, the new Wingas (natural gas trading only) and Wingas Transport were formed in 2010. As a result of an asset swap between BASF and Gazprom, the new Wingas and hence Wintershall’s natural gas trading activities were fully transferred to Russian ownership in 2015.[24] Alongside that move, the remaining company Wingas Transport was renamed Gascade in 2012. Gascade is part of the joint venture WIGA Transport Beteiligungs-GmbH & Co. KG (WIGA) between Wintershall Holding and PAO Gazprom.[25] Wintershall Dea is also a co-owner (15.5%) of Gazprom’s Nord Stream pipeline, which transports natural gas from Russia to Germany through the Baltic Sea. Nord Stream was inaugurated on 8 November 2011.[26] In the summer of 2015, Wintershall and five other companies signed a Memorandum of Understanding to expand the capacity of the Nord Stream pipeline.[27] A further company, Nord Stream 2 AG, was founded to enable that. Gazprom became the sole shareholder as a result of legal decisions; the other initiators ENGIE, OMV, Shell, Uniper, and Wintershall are financial investors in the project. On 30 October 2019, Denmark was the final country bordering the Baltic Sea to grant a construction permit.[28] By mid-November 2019, just under 290 of the pipeline’s total length of 1,230 kilometres remained to be built.[29][30] Merger with DEA AG
A binding agreement to merge DEA and Wintershall was published on 27 September 2018.[31] The merger was carried out with official approval in May 2019.[32] It created Europe’s leading independent gas and oil company.[33] BASF holds 67% of Wintershall Dea and LetterOne holds 33% of the ordinary shares in Wintershall Dea.[34] To consider the value of the midstream business of Wintershall Dea, BASF further received preference shares which results in a current overall participation of BASF of 72.7% in the entire share capital of the company.[35] The preference shares will convert into ordinary shares of the company on May 1st, 2022 or upon an initial public offering, whichever comes earlier.[36] Company Structure
Wintershall had production locations in Germany, in the North Sea, Argentina, North Africa, the Middle East and Russia.[37] In 2010 the Wintershall Holding AG was transformed into Wintershall Holding GmbH.[38] Sales at Wintershall were over 12.99 billion euros in the 2015 financial year, a decline on the previous year's figure of approx. 15.14 billion euros. Company profits were 1.05 billion euros (2014: 1.46 billion euros). The company was able to increase oil and gas production in 2015 on the previous year by 17 million barrels of oil equivalent (boe) to 153 million boe.[39] Approximately 75% of this was from natural gas production.[40] Literature
References
External links
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— Preceding unsigned comment added by Merger2019 (talk • contribs) 10:37, 10 July 2020 (UTC)
- I updated the lead, and 'The early years' and 'The Third Reich' subsections from the 'History' section. Will continue later when having more time. Beagel (talk) 12:03, 29 August 2020 (UTC)
- Also the 'Post-war' subsection was updated. Beagel (talk) 16:01, 30 August 2020 (UTC)
Done. Beagel (talk) 11:37, 6 September 2020 (UTC)
Requested move 29 August 2020
[edit]- The following is a closed discussion of a requested move. Please do not modify it. Subsequent comments should be made in a new section on the talk page. Editors desiring to contest the closing decision should consider a move review after discussing it on the closer's talk page. No further edits should be made to this discussion.
The result of the move request was: Page moved. (closed by non-admin page mover) Jerm (talk) 12:40, 5 September 2020 (UTC)
Wintershall GmbH → Wintershall – Per WP:NCCORP. Wintershall was the name of this article for long time before recent non-consensus moves. Beagel (talk) 09:03, 29 August 2020 (UTC)
- Support per nom. We don't generally use company suffixes. -- Necrothesp (talk) 12:25, 2 September 2020 (UTC)
- The discussion above is closed. Please do not modify it. Subsequent comments should be made on the appropriate discussion page. No further edits should be made to this discussion.
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