Georgia to Soon Start Searching for Hydrocarbons on Black Sea Shelf
The State Oil and Gas Agency of Georgia will soon sign an agreement on the share distribution of products with the Austrian oil and gas…
OMV starts production in Abu Dhabi
The production start-up of the Umm Lulu and SARB (Satah Al Razboot) fields shows an initial capacity of 50,000 barrels per day (10,000 barrels per…
Gazprom and OMV discuss gas supplies, Nord Stream 2
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place today in St. Petersburg. The parties discussed…
OMV transforms plastic waste into crude oil – VIDEO
As part of the 60th anniversary celebrations in the Schwechat Refinery, OMV presented the cornerstone for an innovative future to political representatives, stakeholders and the…
OMV and Gazprom sign extension for natural gas supplies to Austria
Vladimir Putin, President of the Russian Federation, and Sebastian Kurz, Austrian Federal Chancellor witnessed today the signing of an agreement for the extension of natural…
50 years of reliable supplies of Russian gas to Austria
Fifty years ago, on June 1, 1968, the Soviet company Soyuznefteexport and Osterreichische Mineralolverwaltung (OMV) signed an agreement for supplying natural gas from the USSR to Austria. In a mere…
Austria’s energy company vows to stand by Iran project
he Austrian energy group OMV has announced to continue with its previously announced energy project in Iran despite US withdrawal from the JCPOA. According to…
Iran to tender 14 exploration blocks in July
Iran is planning to hold licensing round for 14 exploration blocks in July, the exploration director of the National Iranian Oil Company (NIOC) said on…
Austria increases Russian gas consumption by 77.2% since start of 2018
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg today. The parties addressed…
European firms see no dependence on Russia from Nord Stream-2
The Nord Stream-2 natural gas pipeline does not create dependence of Europe on Russia, it is a partnership that follows long-term and successful cooperation, executives…
NIOC considers proposals for developing oilfields
The Reservoir Management Advisory Committee of the National Iranian Oil Company (NIOC) has convened to consider the proposals for developing Band Karkheh, Sepehr and Jofeir…
Gazprom Neft, OMV, Petronas Proposals for Developing Iran Field
Russia’s Gazprom Neft, Austria’s OMV and Malaysia’s Petronas companies presented their proposed development plans for Iran’s Cheshmeh Khosh oil project. The proposals were explained at…
Austria resumes gas transit to Europe
One of Europe’s biggest gas distribution hubs owned by the OMV company has fully resumed operations after an explosion took place at Baumgarten, Austria. Report informs…
In Italy declared an emergency situation
After the explosion in a gas hub in Austria, Italy remained without Russian gas The Ministry of Economic Development of Italy announced an emergency regime…
Gazprom and OMV to Revive South Stream
The Austrian company OMV and Russian Gazprom are discussing the possibility of reviving the South Stream project, which envisaged the construction of a pipeline from…