OMV in $1.5bn deal for Abu Dhabi oil fields

OMV news
OMV news

OMV will buy 20% of two offshore oil fields in Abu Dhabi, the Austrian firm said.

It will pay $1.5billion for the stakes in Satah Al Razboot  and Umm Lulu.

OMV expects to sign on the dotted line with Abu Dhabi National Oil Company by the end of this month.

 

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