Wintershall is building a CCS business
Wintershall hunts for CO₂ storage in Egypt and Argentina
German oil and gas company actively screening potential offshore sites in both countries
German oil and gas company Wintershall Dea is studying potential offshore carbon storage sites in both Argentina and Egypt as it broadens the scope of its ambitions in CCS beyond Europe. The company has been active in oil and gas exploration and production in both countries for decades and is therefore well placed to identify storage potential. “We have been screening the Argentinian subsurface to look at what would be suitable CCS storage locations. This work is ongoing, we have not concluded it yet,” chief technology officer Hugo Dijkgraaf said in a first quarter results briefing. In Egypt, the company has also started preliminary screening of potential storage sites. Last year Wintershall
Also in this section
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
