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A service for energy industry professionals · Friday, May 30, 2025 · 817,680,092 Articles · 3+ Million Readers
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OMV News Monitoring

  • Published on 16:55 GMT

    OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

    May 30, 2025 (Credit: ADNOC) Austrian oil and gas firm OMV has signed an agreement with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a sour gas development offshore the United Arab Emirates (UAE). OMV has agreed the sale of …

    Source: Offshore Engineer News - Neutral
  • Published on 11:09 GMT

    Lukoil boosts its share in huge offshore sour gas project as OMV exits

    Austria-headquartered oil and gas player OMV has struck a deal with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a giant sour gas development off the coast of the United Arab Emirates (UAE). Hail and Ghasha mega gas …

    Source: Offshore Energy - Neutral
  • Published on 13:12 GMT

    OMV sells its 5% stake in Ghasha project in UAE to Lukoil for $594 mln — company

    MOSCOW, May 30. /TASS/. OMV sold its 5% stake in the Ghasha oil and gas project in Abu Dhabi to Russian oil major Lukoil for $594 mln, the Austrian company said in a statement. "OMV signed and closed an agreement to transfer its 5% stake in …

    Source: TASS - Gov't Propaganda
  • Published on 07:42 GMT

    OMV to Build Major Green Hydrogen Plant in Lower Austria

    OMV AG has made a final investment decision to proceed with the construction of an electrolysis facility in Bruck an der Leitha, Lower Austria. The 140-MW electrolyzer - a facility that splits water molecules into hydrogen and oxygen through electricity -  …

    Source: Rigzone - Neutral
  • Published on May 29, 2025

    OMV inaugurate new plant with plans for additional green hydrogen facility

    OMV officially inaugurated its flagship ReOil® and electrolyser facilities at the Schwechat refinery near Vienna, Austria, with plans for further commitment to green hydrogen production. The proprietary ReOil chemical recycling plant converts hard-to- …

    Source: Global Hydrogen Review - Pending
  • Published on May 29, 2025

    OMV builds one of the largest hydrogen plants in Europe

    OMV has made the final decision to invest a mid-three-digit million-euro sum in a new flagship green hydrogen plant in Bruck an der Leitha, Lower Austria. OMV plans to build a 140 MW electrolysis facility, subject to and under the assumption of a positive …

    Source: CEENERGYNEWS - Pending
  • Published on May 29, 2025

    OMV Dividend Raised, 3 Supervisory Board Members Reelected

    OMV AG’s annual general meeting has agreed on a total dividend of EUR 4.75 ($5.35) per share for the financial year 2024. The company said in a media release that consists of a regular dividend of EUR 3.05 ($3.44) and an additional dividend of EUR 1.70 ($1 …

    Source: Rigzone - Neutral
  • Published on May 29, 2025

    OMV announces new investment in large 140 MW green hydrogen plant

    29-05-2025 OMV has officially inaugurated its flagship ReOil® and electrolyser facilities at the Schwechat refinery near Vienna. The proprietary ReOil chemical recycling plant converts hard-to-recycle plastics into virgin-quality products, driving …

    Source: Decarbonisation Technology - Pending
  • Published on May 27, 2025

    EU names 44 oil & gas contributors to 2030 CO2 injection targets

    The European Commission has adopted a delegated regulation and a corresponding decision outlining the obligations for oil and gas producers related to the targets set by the European Union (EU) for CO2 storage. Courtesy of the European Commission; Credit: …

    Source: Offshore Energy - Neutral
  • Published on May 28, 2025

    Neptun Deep: A game-changer – Q&A with Franck Neel, Member Of The Executive Board, OMV Petrom

    The Neptun Deep project is set to be a game-changer for Romania and the surrounding region, said Franck Neel to Ceenergynews when asked, among other things, about the project’s impact on Romania’s and the region’s gas market and infrastructure. As Mr Neel …

    Source: CEENERGYNEWS - Pending
  • Published on May 28, 2025

    Romania's Petrom and Romgaz to capture and store 20% of EU's 50 mln tonnes CO2 target

    Romania's companies OMV Petrom (BVB: SNP) and Romgaz (BVB: SNG) are in second and third place, respectively, in the top European companies with the highest obligations in the construction of carbon dioxide (CO2) storage facilities, the European …

    Source: Romania Insider - Neutral
  • Published on May 26, 2025

    EU Issues Obligatory CO2 Storage Capacities for Top Oil Producers

    The European Commission has released the list of companies producing oil and gas in the European Union that are required to build carbon dioxide (CO2) storage systems, including their injection allotments. The 44 producers listed will help the 27-member …

    Source: Rigzone - Neutral
  • Published on May 29, 2025

    MENA M&A activity surges in Q1 2025 with $46bn in deals: EY

    Mergers and acquisitions (M&A) in the Middle East and North Africa (MENA) region surged in Q1 2025, with 225 deals valued at $46bn, according to EY’s latest MENA M&A Insights 2024 report. This marks a 31 per cent increase in deal volume and a 66 …

    Source: Gulf Business - Neutral
  • Published on May 28, 2025

    MENA records 225 M&A deals worth $46bn in Q1

    The MENA region witnessed 225 mergers and acquisitions (M&A) deals in Q1 2025, up from the 172 deals recorded in Q1 2024, reflecting a 31% increase in deal volume when compared year-on-year.    Total deal value rose by 66% to $46 billion in Q1 2025, …

    Source: Trade Arabia - Neutral
  • Published on May 26, 2025

    Go-ahead for Aker BP’s North Sea drilling ops with Odfjell rig

    Norwegian oil and gas player Aker BP has secured the all-clear from the country’s authorities to use one of Odfjell Drilling’s semi-submersible rigs for drilling operations in the North Sea off the coast of Norway. Deepsea Nordkapp rig; Source: Odfjell …

    Source: Offshore Energy - Neutral
  • Published on May 26, 2025

    EU sets CO₂ storage mandates: Which CEE companies are impacted?

    The European Commission adopted a Delegated Regulation requiring certain EU oil and gas producers to provide new CO₂ storage solutions by 2030 to help reduce industrial emissions. As part of the Net-Zero Industry Act, companies must collectively ensure the …

    Source: CEENERGYNEWS - Pending
  • Published on 14:20 GMT

    “Romania Eficienta” Forum 2025

    The “Romania Eficienta” Forum, organized by the Energy Policy Group (EPG) with the support of OMV Petrom, brought together renowned energy experts, representatives of public authorities and civil society in a dialogue dedicated to energy transition in the …

    Source: Energy Industry Review - Neutral
  • Published on 18:37 GMT

    Austria Launches Major Green Hydrogen Project

    Fri 30 May 2025 | 03:39 PM Austria is set to become a key player in Europe’s green energy transition with the announcement of a major hydrogen initiative by OMV, the country’s leading oil and gas group. The company has unveiled plans to construct one of …

    Source: Sada Elbalad - Gov't Propaganda
  • Published on May 27, 2025

    Splitting the bill: The Briefing for 27 May 2025

    Credit: T. Schneider/Shutterstock Energy company OMV has calculated the cost of the ethylene purchasing price cartel – and it wants close to €1 billion for its troubles. The damages action, filed in Amsterdam and revealed today by Clariant, follows on …

    Source: Global Competition Review - Pending

03 days 05:00:56

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