Increased Wisting volumes
The estimated recoverable volumes in the Wisting discovery have increased to 440 million barrels of oil. OMV has made a significant effort over the past year to get a better understanding of the shallow Wisting reservoir. Six wells have been ...
OMV Q4/18 Trading Update: Key Performance Indicators
This trading update provides provisional basic information on the economic environment as well as OMV’s key performance indicators for the quarter ended December 31, 2018. The OMV Group Report January – December and Q4 2018 will be ...
OMV closes acquisition of Shell’s Upstream business in New Zealand
OMV, the international integrated oil and gas company based in Vienna, closes the acquisition of Shell’s Upstream business in New Zealand comprising joint venture interests in Pohokura (48%), the largest gas producing field in New Zealand, and ...
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Managing corrosion – the silent yet visible threat in the oil and gas industry
Nowadays it is arguably possible to find a framework for almost everything. However, managing corrosion in a proactive and predictive way is actually vital if you want to prevent unexpected equipment breakdown. No matter whether it's oil, gas, ...
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A new gas field is born: Aasta Hansteen will further grow OMV’s strong Upstream Portfolio
It’s a true technological masterpiece: Aasta Hansteen, the world’s largest SPAR platform, has now gone into operation – another milestone in securing gas supply in Europe. Aasta Hansteen increases gas supply security in ...
Sustainable and responsible in the oil & gas industry – we were, we are and we will be
Sustainability is for many probably not the first thing that comes to mind when thinking about the oil and gas industry. But Bernhard Heneis, Head of Sustainability & Reporting at OMV, will be the first to tell you: Shaping the future of energy in a ...