Gas showdown: Why Russia cut Austria’s natural gas supply and what it means for Europe
Russia’s state-owned energy giant, Gazprom, has suspended natural gas deliveries to Austria, following a high-profile payment conflict with Vienna-based OMV, one of Austria’s largest utility ... Read More
OMV finds up to 140 million barrels of oil equivalent in Norwegian Sea
OMV (Norge) AS has announced a significant gas discovery in the Norwegian Sea, further solidifying its position as a key energy supplier in Europe. The ... Read More
OMV to sell 50% stake in SapuraOMV to TotalEnergies for $903m
In a significant development within the energy sector, OMV has announced the sale of its 50 percent stake in Malaysia's SapuraOMV Upstream Sdn. Bhd. to ... Read More
OMV Schwechat refinery in Austria completes major turnaround
In a significant development that underscores OMV's commitment to operational excellence, the OMV Schwechat Refinery announced the successful completion of its routine Turnaround. This meticulous ... Read More
OMV, BP forge ahead with a 10-year long-term LNG supply agreement
British oil and gas giant BP and Austrian energy company OMV have signed a long-term sale and purchase agreement (SPA) for the supply of up ... Read More
Significant natural gas discovery by OMV to amplify Austria’s local production by 50%
Austrian oil and gas company OMV has announced a significant natural gas discovery, which marks the largest find of its kind in Austria over the ... Read More
Norway approves $18.5bn oil and gas projects amid recovering demand
The Norwegian Ministry of Petroleum and Energy has approved 19 significant oil and gas projects on the Norwegian continental shelf, an investment exceeding NOK 200 ... Read More
Neptun Deep gas project : OMV Petrom, Romgaz commit to €4bn development
OMV Petrom and Romgaz have sanctioned a final investment decision (FID) for the development of the Neptun Deep gas project in the Romanian Black Sea. ... Read More
Aker BP, OMV (Norge) win Poseidon CO2 storage licence on Norwegian Continental Shelf
Aker BP and OMV (Norge) have forged a collaboration agreement for carbon capture and storage (CCS) and have secured the Poseidon CO2 storage licence on ... Read More
Odfjell Drilling bags contracts for Deepsea Yantai rig from Shell and OMV
Scottish offshore drilling contractor Odfjell Drilling has bagged a contract from Norske Shell for using the Deepsea Yantai drilling rig for a well plugging and ... Read More