BASF - The Chemical Company
Wintershall has been engaged in exploration and production in Libya, one of the largest oil producers in Africa, since 1958. The company operates eight onshore oil fields there. The company also operates a gas conditioning facility near Jakhira which conditions the associated gas and transports the resulting products, gas and condensate, for sale on the coast. Wintershall has already invested more than 1.3 billion U.S. dollars in Libya and drilled a total of over 120 wells. Wintershall is the leading foreign oil producer in Libya and is also regarded as the technology leader in that country. It is one of only a few companies that do not flare the gas associated with crude oil production and thus makes a significant contribution to reducing CO2 emissions.
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