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OMV in talks with UAE's Mubadala over $4.7bn Borealis stake

Austria’s OMV is in talks to buy a $4.68 billion stake in Borealis in a potentially record-breaking acquisition that would shift the state-controlled energy company’s focus to petrochemicals.

read more... 09/03/2020

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Romania's OMV Petrom reports new gas discovery

Romania's top oil and gas group OMV Petrom said on Tuesday said it has discovered new hydrocarbon resources in Gorj county, in Oltenia region.

read more... 09/10/2019

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Lukoil begins offshore drilling at its Romanian Black Sea perimeter

Lukoil, the third investor interested in the Romanian Black Sea gas (after OMV Petrom and Black Sea Oil and Gas controlled by investment fund Carlyle), will start drilling operations this autumn after obtaining the necessary permits, Economica.net reported.

read more... 25/07/2019

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Romania's OMV Petrom starts 30 mln euro new offshore drilling campaign

Romania's top oil and gas group OMV Petrom said on Monday it has started a 30 million euro ($34 million) new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea.

read more... 04/07/2019

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OMV and Verbund to build Austria's largest solar plant

Austria’s oil and gas group OMV and utility Verbund have agreed to jointly build a solar plant that will have the capacity to supply 5,500 households with electricity, the companies said on Monday.

read more... 02/07/2019

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