OMV Petrom and NewMed Energy, the partners in the Bulgaria's Han Asparuh offshore block in the Black Sea, have reached the decision to drill an exploration well in the Krum Prospect.The drilling of the exploration in Krum prospect, named Krum-1, is expected to begin upon completion of the Vinekh-1 well in the first quarter of 2026, and to continue for around two months.The operation is contingent on receipt of all of the required approvals from the Bulgarian government…
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has closed the farm-down transaction with NewMed Energy, forming an equal partnership for the exploration of Bulgaria's Han Asparuh offshore block in Black Sea.The transaction…
The Norwegian Offshore Directorate has granted OMV (Norge) a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/6-6 in production license 1109.OMV (Norge) is the operator of the license with 30% interest, with partners DNO Norge (30%)…
OMV and its partners have discovered gas in the deepwater Haydn/Monn wildcat well (6605/6-1 S) in the Norwegian Sea.The gas discovery is located around 310 kilometers west of Sandnessjøen, at a water depth of 1,064 meters. The find is approximately…
OMV (Norge) has successfully completed drilling of a deepwater exploration well in the Norwegian Sea with preliminary estimated total recoverable gas volumes of between 30 and 140 million barrels of oil equivalent (mn boe).The deepwater wildcat…
The Norwegian Offshore Directorate has granted OMV's Norwegian subsidiary a drilling permit for a wildcat well in the Norwegian Sea.The permit is for the exploration well 6605/6-1 S in production license 1194.OMV Norge is the operator of the…
Norwegian oil and gas company Aker BP, and its Austrian partner OMV, have completed the acquisition of a 3D seismic survey over the Poseidon CCS license area (licence EXL005) in the Norwegian North Sea, OMV said Wednesday.The Poseidon CCS license…
Romanian National Agency for Mineral Resources has endorsed the Development Plan for OMV Petrom's Domino and Pelican South commercial natural gas fields in the Neptun Deep offshore block in the Black Sea.'Consequently, the Neptun Deep project enters the development phase…
The Petroleum Safety Authority (PSA) said Friday it had granted Aker BP and OMV consents for drilling projects in the North Sea and the Norwegian Sea, respectively.Aker BP has received consent to conduct exploration drilling in block 25/2 of the North Sea in Production license 442…
Austrian oil and gas firm OMV saw its Plan for Development and Operation (PDO) for the Berling gas and condensate discovery off Norway approved by the Norwegian Ministry of Petroleum and Energy this week.OMV submitted the plan to the Norwegian…
Seismic data firm CGG has been awarded a new contract by the oil firm OMV to continue operating a dedicated center at its head office in Vienna for an initial three-year period. CGG said that during the contract time, OMV would continue to benefit…
OMV's Norwegian subsidiary OMV Norge has awarded a 4-year frame agreement to Baker Hughes for integrated well construction and completion (IWCC) services.Between 2023 and 2027, OMV plans to drill three production wells on the Berling field development…
Austrian company OMV said Friday that drilling of the Eirik exploration well in the Norwegian section of the North Sea had begun.As the owner of the production license (PL) 817 where the well is located, OMV is using the semi-submersible drilling rig Deepsea Yantai…
Abu Dhabi National Oil Company (ADNOC) has agreed to acquire a 24.9% shareholding in Austrian oil and gas group OMV from Abu Dhabi state fund Mubadala Investment Company, the two companies said on Wednesday. Upon closing of the transaction,…
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…
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