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 ...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 ...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 ...
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 ...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 ( ...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 ...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 ...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 ...
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 ...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. ...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 ...OMV Closed the Divestment of Samsun Power Plant
Yesterday, OMV, the international integrated oil and gas company based in Vienna, closed the sale of OMV Samsun Elektrik Üretim Sanayi ve Ticaret A.Ş. to Yapisan Elektrik Üretim A.Ş., a subsidiary of Bilgin Enerji, based in Ankara. The transaction was signed on May 30, 2018. OMV Report for January - June and Q2 2018
OMV's Report for January - June and Q2 2018 as well as the OMV Factsheet and the Data Supplement for Q2 2018. Key performance indicators in Q2 2018: Group Clean CCS Operating Result increased by 10% to EUR 726 mn Clean CCS net income attributable to stockholders amounted to EUR 272 mn, ...OMV Closed the Divestment of OMV Pakistan
Today, OMV, the international integrated oil and gas company based in Vienna, closed the sale of its Upstream companies active in Pakistan to Dragon Prime Hong Kong Limited, a wholly-owned subsidiary of United Energy Group Limited, an independent exploration and production company. The final pu ...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
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