As 2025 draws to a close, the global energy landscape continues to evolve under the weight of two defining imperatives: energy security and climate responsibility. At OMV, we've embraced this dual challenge as an opportunity to lead. Our purpose – reinventing essentials for sustainable living – has guided every major initiative this year, from how we produce energy and materials to how we support cities and industries in their transition to net-zero.
This year wasn't just about hitting targets, it was about shifting gears. Across five core domains, we've made meaningful progress in shaping the systems that underpin everyday life to be smarter, cleaner, and future-ready.
Reinventing Energy Supply: Neptun Deep
Cristian Hubati, Member of the Executive Board responsible for Exploration and Production, OMV Petrom
Energy is the backbone of modern life. Neptun Deep showcases OMV Petrom’s commitment to supporting Europe’s energy security. It also proves how responsibly produced natural gas can accelerate the shift to a low-carbon future.
160 kilometers into the Black Sea, this project will make Romania the EU's largest natural gas producer by unlocking around 100 billion cubic meters of recoverable gas. The project is on track, with drilling commenced in March 2025 and first gas expected in 2027.
What makes Neptun Deep exceptional is its engineering, which ensures a very low direct carbon footprint, 8 times lower than industry average. It is among the first projects in the industry to use electrically heated flowlines, which enable precise thermal control and reduce hydrate formation in deepwater pipelines. The fully unmanned platform is operated remotely and generates its own energy, which enhances safety and reduces emissions. That level of remote operability is made possible by digital twin technology, which enables real-time monitoring and predictive maintenance across the entire infrastructure.
It’s not just a technological showcase, it's a working reflection of OMV Petrom's Strategy 2030. Natural gas is a powerful transition fuel, facilitating regional energy independence and resilience.
Reinventing Industrial Inputs: Scaling Green Hydrogen
Gudrun Kollmitzer, VP Business Transformation
Green hydrogen, produced using renewable electricity and water, is a vital replacement for fossil-based hydrogen in refining, chemicals, and mobility.
We hit impressive milestones in 2025. Our 10 MW electrolyzer at Schwechat refinery (near Vienna, Austria) became operational, which produces up to 1,500 tons of green hydrogen annually. Building on that success, we’ve taken a final investment decision on a flagship 140 MW facility in Bruck an der Leitha, Austria. It’s going to be one of Europe's largest electrolysis plants, producing around 23,000 tons of green hydrogen annually by the end of 2027.
The scope of the facility will reduce CO₂ emissions by approximately 150,000 tons per year. A 22 kilometer hydrogen pipeline will connect Bruck directly to Schwechat, supplying efficient hydrogen to enable lower-carbon industrial processes.
Hydrogen is emerging as a critical enabler of transformation. These investments represent a strategic shift toward circular, low-carbon industrial systems. Green hydrogen is no longer a concept, it's a cornerstone of our future.
Reinventing Urban Heating: Unlocking Geothermal Energy
Angelika Zartl-Klik, SVP Low-Carbon Business
Urban areas account for over 70% of global CO₂ emissions. Heating alone contributes up to 40% of energy-related emissions. We’re tackling the challenge with geothermal energy; a clean, local, and reliable solution for urban heating.
In 2025, Vienna enshrined its goal of 100% renewable heating and cooling by 2040 into law. We’re enabling that ambition through a joint venture with Wien Energie. Together, we’re developing deep geothermal reservoirs to sustainably heat cities. Construction of our first deep geothermal plant is expected to begin in 2026 in Aspern, Vienna. This project alone is designed to serve 20,000 homes, emissions-free.
This initiative not only supports local climate goals but also aligns with the EU's mission to create 100 climate-neutral cities by 2030. Geothermal energy is emerging as one of the keys to unlocking urban decarbonization, and we’re driving that shift forward.
Reinventing Materials: Closing the Loop with ReOil®
Max Grasserbauer, SVP Circular Economy
Modern life depends on plastics, from packaging to medical equipment, yet plastic waste remains one of the most pressing environmental challenges. OMV is tackling this through ReOil®, its proprietary chemical recycling technology, which transforms end-of-life plastics into virgin-quality feedstock for new products.
2025 saw the inauguration of our flagship ReOil® plant at Schwechat, capable of processing 16,000 metric tons of mixed plastic waste annually. The operational experience provided by Schwechat builds on over 15 years of experience thanks to in-house testing and piloting. Chemical recycling breaks plastics down to their molecular components, which allows the creation of virgin-quality materials. The process is particularly valuable for mixed and contaminated waste streams that conventional recycling cannot process.
ReOil® is a game-changer for plastics. It's not just recycling, it's a reinvention of material essentials, turning waste into resource and consumption into regeneration.
Reinventing at Scale: Strategic Partnerships
Rainer Gunz, SVP Portfolio Management and Growth Projects
Scale and reach are critical to truly reinvent the essentials of modern life. In March 2025, OMV announced its intention to join forces with ADNOC to establish Borouge Group International through the combination of Borealis and Borouge, and the acquisition of Nova Chemicals – all subject to regulatory approvals and customary conditions.
Once formed, Borouge Group International is set to become a leading polyolefin producer globally, supplying materials vital to applications for packaging, automotive, healthcare, and infrastructure. All while focussing on innovation and technology and sustainable performance across global supply chains.
By uniting the complementary strengths of three world-class companies, Borouge Group International will have access to advantaged feedstock, a premium technology-driven product portfolio, and strong cost-curve positioning. It is a strategic leap toward building the material systems that modern life depends on.
Purpose in Motion
As 2025 closes, OMV's purpose - reinventing the essentials for sustainable living - has moved from aspiration to execution. Across energy, industry, cities, and materials, we have made measurable progress reshaping the systems that support modern life.
From the Black Sea to Vienna's district heating networks, our initiatives prove that, if treated responsibly, the energy transition and business viability can succeed in tandem.
In 2026, OMV will continue scaling innovation, deepening partnerships, and maintaining the agile shift to sustainability. The essentials; energy, heat, materials, and mobility, must not only power our lives but protect our future.
OMV is committed to delivering both.