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LNG
BP Signs Long Term LNG Supply Agreement With Austria's OMV
bp’s LNG will be received and re-gasified through the Gate LNG terminal in Rotterdam. Credit: BP p.l.c.Bp has signed an agreement with Austria’s OMV…
LNG
BP and OMV Ink Long-Term LNG Supply Agreement
UK-headquartered energy major BP and Austria’s integrated oil and gas company OMV have signed a long-term sale and purchase agreement (SPA) for the supply…
Solar Power Plant
Complexul Energetic Oltenia Signs Contracts for 735MW of New Romanian Solar Power
Solar panels in Romania. Credit: EconergyRomanian power company Complexul Energetic Oltenia (CEO) has signed contracts with fellow Romanian firms OMV Petrom and…
Australia
OMV Petrom, Romgaz to Invest up to $4.4 Bln to Develop Romania Gas Project
OMV said Wednesday that its 51%-owned OMV Petrom and Romgaz will jointly invest up to 4 billion euros ($4.37 billion) to develop an offshore natural-gas project…
Hydrogen Production
OMV Petrom Receives Funding for Hydrogen Production Facility in Romania
Romanian oil and gas company OMV Petrom has secured financing of up to EUR 39 million under the National Recovery and Resilience Plan for the construction of a …
Energy Investment
Expending Business in Romania Oil Dynamics Wins Tender With OWV Petrom
OMV Petrom SA and Oil Dynamics GmbH have recently signed a five-year supply and service agreement for the provision of Electric Submersible Progressive Cavity P…
Geothermal Power Plant
Joint Venture Formed for Deep Geothermal in Vienna, Austria
The OMV Group and Wien Energie have announced a joint venture for further exploration and development of deep geothermal at the Greater Vienna area, Austria.
Mali
OMVS Inaugurates Gouina Hydroelectric Dam in Mali
The Organization for the Development of the Senegal River (OMVS) has announced that earlier this month it had inaugurated its third hydroelectric dam – th…
Austria
Austria’s OMV Targets Expansion of Low Carbon Business
Vienna-headquartered energy company OMV says that it will be focusing on geothermal energy as an essential part of its strategy.
Austria
OMV: Gazprom Seen Delivering 50% Of Agreed Gas Volume on Thursday
Austrian oil and gas group OMV said Russia's Gazprom is expected to deliver roughly 50% of their agreed gas volume on Thursday, returning to a level seen before…
Oil&Gas Drilling
All Approvals Ready for Australian Well Drilling to Kick off Next Month
With all regulatory and environmental approvals in place, SapuraOMV is preparing to drill the Kanga-1 exploration well offshore Western Australia early next mon…
Oil&Gas Drilling
Australian Offshore Oil Exploration Well Imminent for SapuraOMV
The Malaysian-Austrian joint venture company SapuraOMV Upstream will spud early next month the Kanga-1 oil exploration well offshore Western Australia.
Romania
OMV Petrom to Install 1 GW of Renewables in Romania by 2030
In its EUR 11 billion investment plan for the current decade, OMV Petrom earmarked more than 35% for low and zero carbon opportunities.
Crude Oil
Libyan Crude Output could Rise 200,000 b/d by Year-End: OMV Executive
Libya has the potential to boost its oil output by as much as 200,000 b/d by the end of the year, depending on the security situation, an executive from Austria…
Oil Pipeline
OMV: Nord Stream 2 Could Start Shipping Gas This Year
The Russia-led Nord Stream 2 natural gas pipeline could begin shipping gas as soon as this year, one of the western investors in the project
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