Date: 10 months ago   Category: Energy

Friedman's DEA intends to invest more than €2 billion in projects on the shelf of Norway — Rambler News Service


The DEA Deutsche Erdoel AG oil and gas company under control to the businessman Mikhail Friedman intends to invest more than €2 billion in projects on the Norwegian shelf it is said in the statement of the company. "Within our long-term strategy of growth we invest more than €2 billion in our projects on the continental shelf of Norway" — the company cites words of the CEO of DEA Maria Moreus Hansen. As notes DEA, Norway is the important region of production in a global portfolio of the company. The company plans that new projects will begin since 2020. The most important project is design of the Dvalin gas pipeline. In general the DEA company plans to double the current production on the Norwegian shelf.

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