OMV AG (OMVV.VI)
14 Dec 2018
* OMV to reach production target of 600,000 bpd earlier (Adds details, background)
LONDON, Nov 16 The Nord Stream 2 gas pipeline project connecting Russia to Germany will be 70 percent paid for by next year, the chief executive of Austrian oil and gas company OMV said on Friday.
Nov 9 The following bids, mergers, acquisitions and disposals were reported by 2130 GMT on Friday:
* Further payments, up to $85 mln, depend on value enhancement (Recasts, writes through)
VIENNA, Nov 9 Austrian energy group OMV has agreed to establish a joint venture with Sapura Energy Bhd, paying $540 million for a 50 percent stake in the Malaysian firm's exploration assets.
VIENNA Austrian oil and gas group OMV lifted third-quarter profit by 31 percent, largely thanks to higher oil prices and lower production costs, and said it expects a strong rise in output for the rest of the year.
VIENNA, Oct 31 Austrian oil and gas group OMV lifted third-quarter profit by 31 percent, largely thanks to higher oil prices and lower production costs, and said it expects a strong rise in output for the rest of the year.
* Q3 refinery utilization rate at 98 pct (Adds refining data, third-quarter forecast, quote)
VIENNA, Oct 7 Plastics maker Borealis, owned by Abu Dhabi state fund Mubadala and energy group OMV , said on Sunday it will build a 1 billion euro ($1.2 billion) plant in Belgium to boost its capacity to produce polypropylene in Europe.
* Gazprom was keen on North Sea know-how (Adds details, background, quotes)