OMV


All posts for OMV

OMV and Sapura Energy Enter into a Strategic Partnership

Sapura Energy Berhad (Sapura Energy) and OMV today signed a Share Subscription Agreement and a Shareholders' Agreement to form a strategic partnership. Under the agreements, OMV Exploration & Production GmbH (OMV E&P), a wholly-owned subsidiary of OMV Aktiengesellschaft, will buy a 50% stake o ...

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Posted 28 days agoPress > PartnershipOMVSapura Energy +2

OMV Agrees to Divest Parts of its Upstream Business in Tunisia

OMV, the international integrated oil and gas company based in Vienna, has reached an agreement to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of Panoro Energy ASA, an Oslo-listed, London-based international independent oil and gas company. OMV Tunisia Upstream Gm ...

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Posted 1 month agoPress > OMVTunisiaDivestment +8

Gazprom and OMV Sign Amendment to the Contract to Increase Gas Supplies to Austria

A working meeting between  Alexey Miller , Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg. In the course of the meeting, the parties signed an Amendment to the contract on gas supplies to Austria. According to th ...

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Posted 1 month agoPress > GazpromOMVgas +1

Gazprom and OMV Sign Amendment to the Contract to Increase Gas Supplies to Austria

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg. In the course of the meeting, the parties signed an Amendment to the contract on gas supplies to Austria. According to t ...

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Posted 1 month agoPress > GazpromOMVContract +2

OMV and Schlumberger Sign Memorandum of Understanding

OMV, the international, integrated oil and gas company based in Vienna, and Schlumberger, a leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, signed a Memorandum of Understanding. The parties agreed to evaluate coll ...

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Posted 1 month agoPress > MOUOMVSchlumberger +1

Gazprom and OMV Sign Basic Agreement on Asset Sale

Alexey Miller , Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, today signed in St. Petersburg a Basic Agreement on Asset Sale. The signing ceremony took place in the presence of Vladimir Putin, President of the Russian Federation, and Sebas ...

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Posted 2 months agoPress > OMVGazpromRussia +1

Gazprom and OMV Signed a Memorandum on Strategic Cooperation

Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, today signed at the 8th St. Petersburg International Gas Forum a Memorandum on Strategic Cooperation. The document envisages the creation of a Joint Coordinating Committee on c ...

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Posted 2 months agoPress > GazpromOMVRussia

OMV and Gazprom Sign a “Basic Sale Agreement” Regarding the Potential Acquisition of a 24.98% Interest in Achimov IV and V Phase Development by OMV

Today, OMV and Gazprom have signed a “Basic Sale Agreement” which foresees apotential acquisition of a 24.98% interest in the Achimov IV and V phase development in the Urengoy gas and condensate field by OMV for a purchase price to be negotiated in good faith. The “Basic Sale Agreement” replac ...

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Posted 2 months agoPress > OMVGazpromAchimov +3

OMV Started Production in Abu Dhabi

The production start-up of the Umm Lulu and SARB (Satah Al Razboot) fields shows an initial capacity of 50,000 barrels per day (10,000 barrels per day net to OMV), which will increase to 129,000 barrels per day (25,800 barrels per day net to OMV) by the end of 2018 and 215,000 barrels per day ( ...

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Posted 2 months agoPress > OMVAbu DhabiProduction +6

Gazprom and OMV Discuss Gas Supplies, Nord Stream 2, and Cultural Cooperation

A working meeting between  Alexey Miller , Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place today in St. Petersburg. Alexey Miller (second left) Enlarged photo (JPG, 953.8 KB) The parties discussed strategic cooperation ...

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Posted 2 months agoPress > OMVGazpromRussia +4

OMV Transforms Plastic Waste Into Crude Oil

OMV ReOil recycling plant produces synthetic crude from used plastics From around 100 kilogram of packaging the pilot plant can produce 100 liters of crude per hour Fuel production from waste plastics As part of the 60th anniversary celebrations in the Schwechat Refinery, OMV presented ...

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Posted 2 months agoPress > OMVCrude oilOil +3

OMV Included in the Dow Jones Sustainability Index

OMV has entered the Dow Jones Sustainability Index (DJSI World), making it the only Austrian company included. The index was launched in 1999 and serves as a benchmark for investors who integrate sustainability considerations into their portfolios. The DowJones SustainabilityTM World Index comp ...

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Posted 2 months agoPress > OMVDow JonesDJSI +1

Peter Löscher Announced His Resignation as Chairman of the OMV Supervisory Board at the Annual General Meeting 2019

Today, Peter Löscher informed OMV that he's going to resign as Chairman of the OMV Supervisory Board as of the close of the next Annual General Meeting on May 14, 2019. About Peter Löscher Peter Löscher, 61, is Member of the Administrative Board of TBG AG (Switzerland), Chairman of the Board o ...

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Posted 2 months agoPress > OMVChairmanResignation

OMV Turns Focus to Southeast Asia With Acquisition of Sapura Upstream, Says GlobalData

Following the news (Wednesday 12 September) that OMV and Sapura Energy have entered into Heads of Agreement for OMV to acquire 50% of Sapura Upstream, Jonathan Markham, Oil & Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the key aspects of this transaction. ...

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Posted 2 months agoOpinion > OMVSoutheast AsiaAsia +2

OMV signs Heads of Agreement with Sapura Energy

OMV has entered into a Heads of Agreement with Sapura Energy Berhad (“Sapura Energy”) to form a strategic partnership. The parties have agreed to continue negotiations on an exclusive basis. OMV intends to acquire a 50% interest in Sapura Energy's wholly-owned subsidiary, Sapura Upstream Sdn Bh ...

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Posted 3 months agoPress > OMVSapura EnergyPartnership +4