Tulip Oil Holding B.V. is a privately-held exploration and production operator focused on energy, oil, and gas industries. Established in 2010, the company operates assets in Germany and is owned by funds advised by GNRI, management, and staff. Tulip Oil Holding B.V. has a fully controlled JV (90% holding) in Germany under Rhein Petroleum GmbH.
Tulip Oil has built a portfolio with mostly onshore oil assets in Germany, including Schwarzbach & Steig (100% RP) and Lauben (50% RP/ 50% Wintershalldea) and gas assets in the Netherlands (Donkerbroek and Hemrik fields). Notably, in 2015, Tulip discovered the Q10-A field offshore in the Netherlands, and in January 2018, FID was taken with gas operations commencing in February 2019. Additionally, in the summer of 2019, Rhein Petroleum had a significant discovery at the Steig-1 well and is working to develop this oil field.
Tulip Oil focuses on assets where it can add value by proving a safe, low cost, and high value appraisal and development concept on the back of the highest quality subsurface, petroleum engineering, and project delivery acumen. The company employs an outstanding team to work a strong portfolio of both onshore and offshore projects in both oil and gas at various stages of the Oil and Gas development cycle.
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