Austrian company OMV appointed Berislav Gašo (48) as the new Executive Board Member responsible for its Energy segment. Gašo has accepted the appointment. He will assume the position with effect from March 1, 2023. The appointment spans a three-year period…
Norway's Aker ASA said on Wednesday it was no longer part of a consortium that had made an unsolicited offer in July to buy most of Austrian oil and gas firm OMV's exploration and production business. Austrian newspaper Kurier on Tuesday reported that Aker…
Oil and gas company OMV has awarded a charter contract to Australia's MMA Offshore for the MMA Leeuwin platform supply vessel.MMA Offshore will deploy the platform supply vessel to provide drilling support services for OMV in the Taranaki Basin…
Oil and gas company Longboat Energy has completed the farm-in into two OMV's near-term, gas weighted exploration prospects on the Norwegian Continental Shelf ('NCS') targeting combined gross unrisked mean prospective resources of 223 mmboe of which 45 mmboe net to Longboat)…
OMV will not extend Deputy Chief Executive Johann Pleininger's contract, which is due to expire on Aug. 31 next year, the Austrian energy group said on Saturday, confirming media reports.Austrian newspaper Kurier said OMV's supervisory board…
Austrian oil and gas group OMV reported better-than-expected first-quarter results on Friday as higher market prices and gains across all units more than offset a hit from impairments related to the discontinued Nord Stream 2 project.OMV said its adjusted operating income grew to 2…
Romania's OMV Petrom on Wednesday welcomed changes to an offshore gas tax law filed by the government in Bucharest last week as a 'much-needed' step for the development of Black Sea gas.Gas producers have spent 15 years and billions of dollars…
Austrian energy group OMV said on Friday it would take a 2-billion-euro ($2.17 billion) hit in the first quarter of this year from its business in Russia as it seeks to distance itself from the country after the invasion of Ukraine.Last month…
Austrian energy group OMV will turn the page from its embrace of Russia and could signal a gradual exit from its oil and gas business when it presents its strategy under new Chief Executive Alfred Stern on Wednesday.After Stern took over as CEO last year…
Austrian oil and gas company OMV has completed the sale of its stake in the Wisting oil field in the Barents Sea, offshore Norway, to Lundin Energy.The two companies had signed the sale and purchase agreement in October 2021, and after obtaining the necessary approvals from Norwegian authorities…
Romanian OMV Petrom could postpone a final investment decision over its Black Sea deep water gas project until 2023 if lawmakers do not amend an offshore law by the end of this year as agreed, its chief executive said on Wednesday.OMV Petrom…
Danish drilling contractor Maersk Drilling has won a one-well contract for its jack-up drilling rig Maersk Intrepid with OMV in Norway.OMV will use the rig to drill a high pressure, high-temperature exploration well in the Oswig prospect in…
Austrian oil and gas company OMV said Monday that Alfred Stern would take over as its new CEO on September 1, taking over from Rainer Seele.Stern will assume the position of Chairman of the Executive Board and CEO of OMV. He was appointed by…
Oil and gas companies Jadestone Energy and OMV New Zealand have given themselves more time to complete the transaction related to the Maari offshore field in New Zealand.Singapore-based Jadestone in November 2019 agreed to buy OMV's 69% operated interest in the Maari Project for $50 million…
Austrian oil and gas company OMV has appointed Alfred Stern (56) as the new Chairman of the Executive Board and CEO of OMV. He will assume the position with effect from September 1, 2021, for a three-year period with an extension option for a further two years subject to mutual consent…
