OMV has hired the jack-up rig ENSCO 107 to complete a planned multi-well drilling campaign at the Maari Field, offshore New Zealand. According to Cue Energy, a company which owns a 5 per cent stake in the project, significant undeveloped reserves remain at Maari and Manaia and additional drilling and enhancement of the water injection [...]
Romania’s GSP Offshore has secured a new contract in the Black Sea for GSP Jupiter rig. GSP Jupiter shall provide light side track services offshore Romania for OMV Petrom on the Romanian continental shelf. The rig has successfully completed the works under the contract with Sterling Resources. The rig was hired to drill Ioana and [...]
RWE AG today completed the sale of its 20% interest in the Norwegian “Edvard Grieg” license to OMV (Norge) AS, a subsidiary of the Austrian OMV Group, after the transaction has been approved by the Norwegian Ministry of Petroleum and Energy and the Ministry of Finance. The transaction takes retroactive effect as of 1 January [...]
OMV has contracted the Kan Tan IV semi-submersible drilling rig to drill the Matuku-1 well in the PEP 51906 permit in the offshore Taranaki Basin in New Zealand. The drilling at the well is expected to begin in the third quarter 2013. The Kan Tan IV semi-submersible drilling unit is operated by Frigstad Offshore Ltd [...]
Dolphin Geophysical has signed a framework agreement for Offshore Marine Services with OMV Petrom SA in Romania. It was declared and acknowledged by both parties recently, that following awards elsewhere, the Dolphin vessels offered for the work in Romania were unavailable for OMV Petrom surveys this quarter. However, Dolphin look forward to future opportunities within [...]
The EBRD has sold 229,554,012 shares in OMV Petrom S.A., a leading company in the oil and gas sector located in Romania, which is listed on the Bucharest Stock Exchange. The partial sale represented 20 per cent of the Bank’s holding. The EBRD became a shareholder of Petrom in 2004 to support the privatisation of [...]
OMV New Zealand has signed a farm-in agreement for a 30% interest in a licence located off Taranaki, New Zealand. Under the agreement OMV will assume operatorship on or before 31 March, 2013 in the licence named the PEP 51313. “This farm-in works well with our strategy to mature opportunities in the Taranaki Basin in [...]
OMV has today confirmed that it will drill the Matuku-1 well in PEP 51906. Octanex, which owns 35% in the licence has informed that OMV is continuing extensive search and evaluation process in an effort to secure a semi- submersible rig to drill the well. OMV is planning to drill a number of wells in [...]
Operator of the Maari Field, OMV New Zealand, today announced the Maari Joint Venture’s decision to exercise its option to purchase the Floating Processing, Storage and Offloading (FPSO) vessel Raroa. The Raroa has been operating at the offshore Maari oil field since 2009 and is currently leased from Tablelands Development Ltd to the Maari Joint [...]
RWE AG, through its subsidiary RWE Dea Norge AS, reached an agreement on the sale of its 20% licence interest in the “Edvard Grieg” development in Norway to OMV (Norge) AS, a subsidiary of OMV AG, for a cash purchase price of € 247.9 million as per effective date 1 January 2012 plus a contingent [...]
