Integrated international oil and gas business and Austria’s largest listed industrial company, committed to sustainability in its corporate strategy.
OMV is an integrated, international oil and gas company headquartered in Vienna, Austria, active in Upstream and Downstream fields, with four integrated business units: exploration and production; refining and marketing; petrochemicals; and gas and power.
In Exploration and Production, OMV is active in Romania and Austria and holds a balanced international portfolio. OMV had proven oil and gas reserves of approximately 1.12 bn boe as of year-end 2012 and a production of around 303,000 boe/d in 2012.
In Refining and Marketing, OMV has an annual refining capacity of 22 mn t and, as of the end of 2012, approximately 4,400 filling stations in 13 countries, including Turkey.
In Gas and Power, OMV sold approximately 437 TWh of gas in 2012. In Austria, OMV operates a 2,000 km long gas pipeline network with a marketed capacity of around 103 bcm in 2012. With a trading volume of around 528 TWh in 2012, OMV’s gas trading platform, the Central European Gas Hub, is amongst the most important hubs in Continental Europe, carrying one third of all natural gas from the Commonwealth of Independent States (CIS) to Western Europe. OMV further strengthened its position through the ownership of a 97% stake in Petrol Ofisi, Turkey’s leading company in the retail and commercial business.
OMV produces petrochemicals at Schwechat in Vienna where, through joint investments made by OMV and Borealis totalling €400 million, its competitive position has been strengthened and secured. The company’s Burghausen Refinery in Germany has been supplying the South East Bavarian chemical triangle for almost 40 years with a unique petrochemical product range. OMV’s petrochemical products include benzene and C7-section (an ingredient in lead-free petrol), ethylene, propylene, naphtha, butadien and C4.
Other Petroleum & Petrochemicals Assets
Arab Petroleum Pipelines Company (SUMED)
Arab Petroleum Pipelines Company (SUMED), established in 1974, is an Egyptian oil and gas service provider that owns and operates pipelines and associated storage facilities connecting the Red Sea and the Mediterranean. Almost 80% of the oil shipped from the Arabian Gulf to Europe passes through the SUMED pipelines.
The company has its headquarters in Alexandria and is an Egyptian joint stock company of $400 million capital. 50% of the company is held by Egyptian General Petroleum Corporation (EGPC), while Mubadala, Saudi Aramco, and Kuwait Investment Authority all hold a 15% stake. The remaining 5% is owned by Qatar Petroleum.Read more about Arab Petroleum Pipelines Company (SUMED)
Borealis is one of the world’s largest producers and providers of innovative solutions in the fields of polyolefins, base chemicals and fertilizers.Read more about Borealis
Compañia Española de Petróleos (CEPSA)
Cepsa is one of the leading integrated energy companies in Spain with business in over 20 countries across four continents.Read more about Compañia Española de Petróleos
Cosmo Energy Holding
Cosmo Energy Holdings is one of the largest, fully integrated oil refining and marketing companies in Japan with operations in the upstream, midstream and downstream sectors.Read more about Cosmo Energy Holding
Dolphin Energy is a joint venture between Mubadala, Total and Occidental Petroleum and is headquartered in the Middle East. This multinational gas development and transportation initiative is among the largest energy investments ever undertaken in the Middle East.
Dolphin Energy Limited delivers 2 billion standard cubic feet of natural gas every single day (scf/day) and has produced 8.5 trillion standard cubic feet since operations began in 2007 (as of July 2019)Read more about Dolphin Energy
Gulf Energy Maritime (GEM)
Gulf Energy Maritime (GEM) is one of the leading commercial product and chemical tanker companies in the Middle East, providing high standards of safety and quality in its marine transportation and operations in the energy markets across the world.Read more about Gulf Energy Maritime (GEM)
A leading international, upstream oil and gas company with a world-class exploration and production business.Read more about Mubadala Petroleum
Nova Chemicals Corporation (Nova Chemicals)
A leading innovative petrochemical company enabling customers to deliver high-quality plastic for a healthier life.Read more about Nova Chemicals Corporation (Nova Chemicals)
Oil Search Limited
Oil Search was established in Papua New Guinea (PNG) and operates all of the country’s producing oil ﬁelds. The company also holds a 29% interest in the producing PNG LNG project and is pursuing major LNG growth opportunities in partnership with ExxonMobil and Total. The company holds resources in Alaska with initial estimates in excess of 500 mmbbl with further potential upsides.Read more about Oil Search Limited
PAK-ARAB Refinery (PARCO)
The largest fully integrated energy company in Pakistan focused on refining, transportation, storage and marketing.Read more about PAK-ARAB Refinery (PARCO)