• Sep. 30, 2014, 8:45 AM
    • ABB (NYSE:ABB) has received $216M contract to deliver a gas treatment plant, including gas separation and liquefied petroleum gas extraction units, to the South Tunisian Gas Project.
    • The order was awarded by OMV's (OTC:OMVJF) subsidiary, OMV Tunisie Production.
    | Sep. 30, 2014, 8:45 AM
  • Aug. 22, 2014, 7:23 AM
    • OMV (OTC:OMVJF) is now the latest energy group to withdraw its staff from Iraqi Kurdistan, as violence continues to escalate in the region.
    • "We were able to book a gas find in Kurdistan but are not active at the moment. All the staff that were there have left," says CEO Gerhard Roiss. "We are also waiting and seeing (what happens) south of Crimea, where we had plans together with Exxon (NYSE:XOM)."
    | Aug. 22, 2014, 7:23 AM
  • Mar. 21, 2011, 8:51 AM

    Western oil companies privately fear losing their operations in Libya as payback for air strikes should Gaddafi prevail. The head of Libya's NOC says firms that have repatriated staff due to the crisis should get back to work or risk losing future contracts to rivals from China, Brazil, and India.

    | Mar. 21, 2011, 8:51 AM | 4 Comments
Company Description
In Gas and Power, OMV sold approximately 437 TWh of gas in 2012. OMV operates a 2,000 km long gas pipeline network in Austria with a marketed capacity of around 103 bcm in 2012. With a trading volume of around 528 TWh in 2012, OMVs gas trading platform, the Central European Gas Hub, is amongst... More
Industry: Electric Utilities
Country: Austria