Siccar Point sale attracts bids of up to $2bn – report
Bids to buy North Sea producer Siccar Point Energy have come in at between $1.2bn and nearly $2bn, according to a news report.
OMV
Jadestone strikes $50m deal for New Zealand oilfields
Singapore-based Jadestone Energy has struck a deal to buy 69% of the Maari project offshore New Zealand from Austrian firm OMV for $50 million.
Waiting time in Tunisia
Tunisia has recently elected a new president, demonstrating the strength of its democratic institutions. The country’s hydrocarbons industry continues to struggle, though.
Cairn and Equinor spud Norwegian Sea exploration wells, Westwood reports
Westwood Global Energy reports that there were three active exploration wells and one active appraisal well at 22 August.
Equinor makes oil discovery at Sputnik
Equinor has made an oil discovery with the Sputnik exploration well in the Barents Sea.
Adnoc wraps up huge refinery deal with Eni, OMV
The Abu Dhabi National Oil Company (Adnoc) said today that it had completed one of the world's largest-ever refinery deals.
Equinor, OMV team up for offshore Norway projects
Equinor and Austrian oil firm OMV will work together on the Wisting development in the Barents Sea and the concept development for the Hades-Iris discovery in the Norwegian Sea.
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.
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.