OMV Reports 10% Rise in Q4 Output

Published

(Photo courtesy OMV)
(Photo courtesy OMV)

Austrian oil and energy group OMV reported a 10 percent quarter-on-quarter rise in fourth-quarter oil and gas production on Monday.

Output rose to 447,000 barrels of oil equivalent per day (boe/d) from 406,000 boe/d in the previous quarter, it said, adding that retail and commercial margins also increased.


(Reporting by Kirsti Knolle; editing by Jason Neely)

Current News

Woodside Assumes Operatorship of Gippsland Basin Assets in Australia

Woodside Assumes Operatorship

Tenaris Opens Suriname Service Center to Support GranMorgu Offshore Project

Tenaris Opens Suriname Service

Fred Olsen’s Floating Solar Unit Advances to Exposed Waters with DNV’s Blessing

Fred Olsen’s Floating Solar Un

Aker Solutions Secures Offshore Wind HVDC Substructure Contract

Aker Solutions Secures Offshor

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine