OMV Petrom to Redevelop Oprisenesti Field
Friday, May 17, 2013 Romania’s OMV Petrom plans to invest $116 million this year to redevelop Oprisenesti oil field.
OMV Improves 1Q Production
Tuesday, May 14, 2013 OMV improves production for the first quarter. The firm expects production for the whole of 2013 to be broadly similar as 2012.
Nabucco to Make Binding Bid for Shah Deniz Field Soon
Friday, April 12, 2013 Nabucco Gas Pipeline International says it will submit its binding bid for the Shah Deniz gas field in Azerbaijan at the end of April.
OMV Starts Production at Bina Bawi-3 in Kurdistan
Thursday, April 04, 2013 OMV starts production from its Bina Bawi-3 well in the Kurdistan region of Iraq at 5,000 barrels of oil equivalent per day.
OMV to Boost Exploration, Appraisal Spend in 2013
Thursday, March 21, 2013 OMV says it will see a significant increase in its exploration and appraisal expenditure during 2013.
OMV 'On Track' to Meet Production Goals
Thursday, February 21, 2013 Austria's OMV is on track to meet its long-term production goals, according to its CEO.
Lundin Spuds Jorvik Exploration Well
Monday, February 11, 2013 In a series of announcements, Lundin reports it has spud an exploration well on its Jorvik prospect, while its appraisal well 16/3-5 on the Johan Sverdrup discovery is about to be tested.
OMV Announces Support for Aasta Hansteen Development
Wednesday, January 09, 2013 OMV says it supports Statoil's plans to develop the 1.7 tcf Aasta Hansteen gas field.
Norway Licensing Round Sees Greatest Interest in Barents Sea
Thursday, December 06, 2012 36 companies apply for licenses in Norway's 22nd licensing round, with most interest being shown in the Barents Sea.
Kea Spuds Puka 2 Well in New Zealand
Wednesday, November 28, 2012 Kea Petroleum has begun drilling its Puka 2 well in order to appraise its Puka discovery, onshore New Zealand.
OMV to Take Reins at PEP 51313 License
Tuesday, November 27, 2012 OMV New Zealand has signed a farm-in agreement for a 30 percent interest in the PEP 51313 license and will assume operatorship on or before March 31, 2013.
OMV Confident it will Hit 350,000 bopd
Wednesday, November 21, 2012 OMV says it is confident it will meet its 350,000 barrels of oil equivalent per day target by 2016.
OMV Awards Contract to MODEC for Maari Field
Wednesday, November 14, 2012 OMV New Zealand announced the Maari Joint Venture's decision to exercise its option to purchase the Floating Processing, Storage and Offloading (FPSO) vessel Raroa.
Upstream Progress Helps OMV Boost Earnings
Wednesday, November 07, 2012 OMV reports a strong operating performance during the first nine months of 2012 thanks to production in Libya and Yemen coming back on stream.
NZ Maari Oil Field to Last Another Decade
Thursday, November 01, 2012 OMV New Zealand announced that the Maari oil field in New Zealand's Taranaki Basin has produced 20 million barrels since production began at the field in 2009.
Austria's OMV Saw Production Rise in 3Q 2012
Friday, October 19, 2012 OMV reports that third-quarter production improved thanks to a recovery in its Yemen operation and a stronger contribution from Austria and Tunisia.
OMV Signs Agreement on Development of Latif Gas Field
Friday, October 05, 2012 OMV signs a lease deed with its joint-venture partners to OMV and Latif joint venture partners for the development of Latif gas field in Pakistan, the company said.
RWE Shelves Plans to Sell Egyptian Fields
Friday, August 10, 2012 Germany's RWE says lack of interest from potential buyers amid Arab Spring turmoil behind decision to shelve sale of Egyptian oil and gas fields.
Libya Boosts OMV Earnings; Focus Now On Reliability
Wednesday, August 08, 2012 A return to oil production in Libya gave a welcome boost to OMV's first-half earnings, but the effects of the North African country's civil war are still being felt, the Austrian oil company said.
OMV Buys 15% of Aasta Hansteen Field from Exxon
Friday, July 13, 2012 The Aasta Hansteen-deal is the second Norwegian acquisition within a year by Austria's OMV.