OMV has completed its sale of a 30% interest in the Rosebank project to Suncor Energy.
The company said a sales and purchase agreement was signed in August.
It means OMV now holds a 20% stake in the project.
The remaining stakes are held by Chevron with a 40% share and DONG E&P Limited with a 10% stake.
The share of the asset was bought by Suncor for $50million.
Following the co-venturers approval of the Rosebank project final investment decision, OMV said it will receive an additional consideration of up to $165million.