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
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.
OMV boss in Russia visit to close asset swap deal with Gazprom
The chief executive of OMV will visit Russia with Austria's finance minister next month as the company looks to reach a deal on an asset swap with Russia's Gazprom.
Video: Greenpeace protesters make blocking effort against OMV
Environmental pressure group Greenpeace has launched a protest against drilling being carried out by OMV in the Barents Sea.
Chairman resigns from OMV supervisory board
The chairman of OMV’s supervisory board has resigned from the company.
OMV profits drop almost 40%
OMV said its profits dropped by almost 40% compared with a year earlier.
OMV wants buyer for its Turkish unit
OMV is said to be seeking a buyer for its Turkish unit Petrol Ofisi in line with its strategy of focusing on upstream and integrated downstream businesses.
OMV appoints new CFO to its team
OMV has strengthened its team with the appointment of a new chief financial officer (CFO). Reinhard Florey will assume the position later this year for a three-year period. The company said there will be an option to extend the length of the 50-year-old’s contract for a further two years in addition.
DOF Subsea wins $60million upgrade work on Maari FPSO
OMV has awarded DOF Subsea a contract to complete a mooring upgrade on its FPSO (Floating, Storage, Offloading and Production) vessel in the Maari oilfield. The upgrade work at the Maari system, off New Zealand is expected to cost around $60million in total. It is expected to be carried out between February and April next year and will help future proof the mooring system for the next decade.
Aptomar signs deal with OMV
Aptomar has signed a three-year frame agreement with OMV Norway to deliver integrated field monitoring services for the operator’s future drilling activities. The agreement will see the company report and detect unintended oil spills using its maritime control centre.