Black Sea Oil & Gas Industry is Getting Ready For the Next Stage of Development
The favourable situation in the oil market, namely the increase in oil prices (the highest in the past three years), will contribute to the revival of both the upstream and midstream industries around the Black Sea. Romania could become the third-biggest natural gas producer in Europe due to the of ...23 Oct 2018
OMV Issues New Hybrid Notes With a Volume of EUR 500 Million
Public disclosure of inside information according to Art 17 MAR THIS AD-HOC ANNOUNCEMENT CONTAINS INFORMATION THAT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, IN OR INTO AUSTRALIA, CANADA OR JAPAN OR INTO ANY OTHER JURISDICTION INTO WHICH DISSEMINATION ...OMV and Gazprom Sign Extension for Natural Gas Supplies to Austria
Vladimir Putin, President of the Russian Federation, and Sebastian Kurz, Austrian Federal Chancellor witnessed today the signing of an agreement for the extension of natural gas supplies to Austria until 2040, signed by Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seel ...OMV Divests Samsun Power Plant to Bilgin Enerji
OMV, the international integrated oil and gas company based in Vienna, has reached an agreement to sell OMV Samsun Elektrik Üretim Sanayi ve Ticaret A.Ş. to Yapisan Elektrik Üretim A.Ş., a subsidiary of Bilgin Enerji, based in Ankara. The parties have agreed not to disclose the consideration. The t ...
International law firm Ashurst advised OMV, the international integrated oil and gas company based in Vienna, on its US$1.5bn acquisition of a 20 per cent participating interest in the two concessions for the offshore oil fields Umm Lulu and Sateh Al Razboot (SARB) (with the satellite fields Bin Na ...OMV and ADNOC Sign a New Offshore Concession Agreement
OMV awarded 20% stake in two oil fields offshore concessions in Abu Dhabi: SARB and Umm Lulu Substantial increase of OMV's reserves of around 450 mn boe Long-term plateau expected at 40 kbbl/d (net to OMV) Major step towards OMV's delivery on the strategy 2025 His Highness Sheikh Mo ...
OMV and Abu Dhabi National Oil Company (ADNOC) agreed that OMV will acquire a 20 percent interest in the concession for the offshore oil fields Satah Al Razboot (with the satellite fields Bin Nasher and Al Bateel) and Umm Lulu as well as the associated infrastructure for a purchase price of USD ...OMV s Exploration Success in Norway
OMV (Norge) AS completes the drilling of the Hades and Iris exploration well 6506/11-10 in PL 644 B The well discovered gas and condensate The HPHT (high pressure, high temperature) well is located in the Norwegian Sea near the Morvin field Drilling has been completed with an e ...NPD: Gas/condensate Discovery Near the Morvin Field in the Norwegian Sea – 6506/11-10
04.04.2018 OMV (Norway) AS, operator of production licences 644 and 644 B, is in the process of completing the drilling of wildcat well 6506/11-10 in PL 644 B. The well was drilled about 5 kilometres north-west of the Morvin field in the central part of the Norwegian Sea and 245 kilometres ...Shell Announces Sale of New Zealand Interests to OMV for USD 578mln
Royal Dutch Shell plc (Shell), reached an agreement today to sell its shares in Shell entities in New Zealand, to OMV for USD 578mln. This follows a two-year strategic review of Shell's interests in New Zealand and the sale of Shell's interest in Kapuni in 2017. It is consistent with the Shell Gro ...2025 Strategy: OMV Set to Become Bigger and More Valuable
OMV Executive Board presents 2025 growth Strategy Greater internationalization of both Upstream and Downstream business Expanding position in European gas market and petrochemicals industry Continuing efficiency drive Today in London the Executive Board of OMV Aktiengesellsc ...OMV Divests Upstream Business in Pakistan
Sale of OMV Upstream Business in Pakistan to Dragon Prime Hong Kong Limited for a consideration of EUR 157 mn Further step in optimizing OMV's Upstream portfolio OMV, the international integrated oil and gas company based in Vienna, has agreed to sell its Upstream Business in Pakistan ...Austria to Set New Record for Russian Gas Imports in 2017
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 today. Alexey Miller (second left) Enlarged photo (JPG, 6.2 MB) The meeting addressed the ongoing and future ...Incident at Baumgarten Natural Gas Station: International Gas Transit will be Restored
An explosion occurred on Tuesday before 9:00 a.m. on the grounds of the Baumgarten gas distribution hub of Gas Connect Austria (GCA), a subsidiary in which OMV holds 51%. The fire produced by the incident was then completely extinguished during the afternoon. It is with great sadness that we have t ...Incident at Baumgarten Natural Gas Station: International Gas Transit will be Restored
An explosion occurred this morning before 9:00 a.m. on the grounds of the Baumgarten gas distribution hub of Gas Connect Austria (GCA), a subsidiary in which OMV holds 51%. The fire produced by the incident was then completely extinguished during the afternoon. It is with great sadness that we have ...
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