OMV | Egypt Oil & Gas - Part 2
ADNOC to Sell Minority Stake in Refining Business
Abu Dhabi National Oil Company (ADNOC) is reportedly looking to sell a minority stake in its refining business, and is in advanced negotiations with multiple potential buyers including Italy’s Eni, two sources close t...
ADNOC, Austrian OMV Close $1.5B Offshore Deal
Abu Dhabi National Oil Company (ADNOC) has agreed the sale of two stakes in offshore blocks worth $1.5 billion to Austrian OMV, The National reported. The latest deal means that the company has awarded $8 billion wort...
South Yemen Oil Production May Resume in April
Austrian oil company OMV has signaled that oil production could resume in south Yemen in April 2018, The National reported. The company gave the green light for oil production after a team traveled to Shabwa province ...
Qatargas, OMV Sign LNG Agreement
Qatargas signed a contract to deliver 1.1 million tons of liquefied natural gas (LNG) to OMV annually for five years, Reuters reports. The first shipment will arrive in January 2019, according to Reuters. The LNG will...
Libya’s Largest Oil Field Reopened
Libya’s largest oil field, Sharara, has resumed production after workers had shuttered the 270,000b/d field. The field is expected to return to its usual output within few days, Oil Price informed. The announcement th...
Gazprom Neft, OMV Sign MoU
Russia’s Gazprom Neft and Austria’s OMV signed a memorandum of understanding (MoU) for working together on Iran’s oil and gas projects. Cooperation includes analysis, assessment and study of certain oil deposits locat...
OMV Launched Crude Production in Libya
OMV has successfully started up crude production in both the Sirte and Sharara oil fields in Libya, Post reported. The Sharara fields are located in the Murzuq basin. In Q4 of 2016 OMV’s production from Libya amounted...
Iran Strikes a Deal with Austrian Major Oil Company
Austria’s major integrated oil and gas company, OMV, has signed a preliminary agreement with Iran’s Dana Energy Co for collaboration in upstream oil and gas exploration/production sector, Financial Tribune... 
