Equinor submits new Gullfaks recovery plan for 17 million barrels
Norwegian energy giant has submitted a new plan to the Norwegian Petroleum Directorate (NPD) to improve recovery of 17 million barrels from the Gullfaks field.
OMV
Shell completes £450m New Zealand divestment
Oil giant Shell today announced that it had finished offloading shares in its New Zealand business to Austrian oil company OMV.
OMV in $1.5bn deal for Abu Dhabi oil fields
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.
Faroe announces significant gas discoveries in Norwegian Sea
Aberdeen-based Faroe Petroleum has announced “significant” gas discoveries in the Norwegian Sea.
New Tendeka recruit to speed up PulseEight commercialisation
Tendeka has hired a new advanced completions director to help drive the commercialisation of its wireless intelligent completions technology, PulseEight.
Shell sells New Zealand portfolio to OMV for £415m
Shell has struck a deal to sell its portfolio in New Zealand to Austrian energy firm OMV for £415million.
OMV poised to clinch Abu Dhabi concesssion
Austrian oil producer OMV AG is poised to win a deal to produce oil from offshore fields in Abu Dhabi, according to people with knowledge of the situation.
OMV returns to black following North Sea sell off
Austrian oil firm OMV returned to the black last year after booking record production and lowering costs.
OMV completes £1.5bn Siberian gas field purchase
Austrian energy firm OMV has tied up its deal with Uniper for a 24.99% stake in the Yuzhno Russkoye gas field in Western Siberia for £1.5billion.
OMV’s profit jumps
OMV posted a 52% increase in its profit.
OMV strikes oil on Barents well
Austrian oil company OMV’s appraisal well on the Wisting discovery in the Barents Sea has encountered an oil column, the Norwegian Petroleum Directorate (NPD) said today.
Island Innovator contracted by OMV
Norway based Island Drilling Company has been awarded a contract by Austrian firm OMV for work in Norway.
Shell to provide funding for Nord Stream 2 project
Shell is among a group of five energy companies who have agreed to stump up funding for the Nord Stream 2 project.
OMV books Odfjell rig for HPHT job
Offshore drilling firm Odfjell Drilling has signed a contract with Austrian oil company OMV for the Deepsea Bergen to drill a well next year.
OMV completes sale of British business to Siccar Point Energy
OMV said it has closed its divestment of its British business to Siccar Point Energy.
Gazprom, OMV reach outline deal on swap of Norway, Siberia assets
Gazprom and OMV have reached an outline deal to swap a 38.5% stake in the latter company's Norwegian unit for a 25% stake in a section of Gazprom's Urengoy gas field.
OMV estimates one billion barrels of oil from Wisting discovery
OMV said its Wisting discovery in the North Sea could contain more than one billion barrels of oil equivalent.
Saudi Aramco said among second-round bidders for OMV Turkey unit
Saudi Arabian Oil Co., the world’s largest crude exporter, is among second-round bidders for a Turkish fuel retailer owned by OMV AG, central Europe’s biggest oil and gas company, according to three people with direct knowledge of the matter.
Siccar Point’s $1billion North Sea deal with OMV
A North Sea newcomer made its second move into the basin, snapping up the UK division of OMV in a deal worth up to $1billion (£805.5million).
Trafigura, Vitol said among bidders for OMV’s Turkish fuel unit
OMV AG, central Europe’s biggest oil and gas company, has got initial bids from Vitol SA and Trafigura Group Pte for its Turkish fuel retailer OMV Petrol Ofisi AS, people with knowledge of the matter said.
OMV signs agreement for sale of stake in GasConnectAustria
OMV said it has signed an agreement for the sale and purchase of a 49% minority stake in GasConnectAustria.
OMV says Rosebank sell-off ‘rebalances portfolio’, eyes EUR100million in cost savings
OMV’s North Sea sell-off to Suncor has re-balanced the company’s portfolio, according to its executive director.
Suncor buys 30% stake in North Sea’s Rosebank for $215million
Suncor Energy UK has snapped up a 30% stake in North Sea’s Rosebank project from OMV UK.
Socar interested in OMV’s Turkey business
Socar has said it is interested in buying OMV's Turkish subsidary, according to reports.
OMV prepares new reserves estimate for Wisting oil discovery
OMV is set to prepare a new reserves estimate for its Wisting oil discovery in the Barents Sea, after successfully drilling its appraisal well.