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Wintershall is building a CCS business
Egypt Argentina Carbon capture Germany
Stuart Penson
27 April 2023
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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

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Letter on carbon: Meet America’s first CCS major
Opinion
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
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13 May 2025
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30 April 2025
State administrations are using a flawed metric to justify green energy projects
Letter on hydrogen: Electric shock
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids

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