NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black Sea from OMV Petrom SA. “With the closing of the transaction ...

Expro (XPRO) has been awarded major contracts from OMV Petrom, totaling more than $10M for the Neptun Deep gas project in the Black Sea. See what stocks are receiving Strong Buy ratings from top ...

Berenberg upgraded OMV AG (OMVKY) to Buy from Hold with a price target of EUR 56, up from EUR 43. The company’s dividend could surprise positively following its chemicals merger, the analyst ...

OMV Aktiengesellschaft, Vienna, has commissioned a new plant for converting end-of-life plastics into circular feedstocks at its 204,000-b/d integrated refining complex in Schwechat, Austria. OMV ...

OMV, ADNOC to merge polyolefins businesses Borouge and Borealis New entity, ‍Borouge Group International, will acquire Nova Chemicals for $13.4 billion ADNOC and OMV to have equal share in ...

(Bloomberg) -- The United Arab Emirates’ and Austria’s top oil companies agreed on terms to create a chemicals giant worth more than $60 billion, enhancing their positions in an industry they ...

Landry issued an executive order on March 20. The order explained the many technical problems with OMV’s old system. These issues have caused regular closures of field offices and public tag ...

OMV Petrom, the largest integrated energy producer in Southeastern Europe, has closed the farm-down transaction with NewMed Energy, forming an equal partnership for the exploration of Bulgaria's Han ...

BATON ROUGE, La. (WAFB) - Governor Jeff Landry says outdated software is the cause of “crippling delays” at Office of Motor Vehicle locations across Louisiana. In response to these issues, the ...

Abu Dhabi's Adnoc and Austria's OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada's Nova Chemicals to form a giant with a combined value of about ...

ADNOC and OMV have also agreed that upon completion of the Combination, Borouge Group International will acquire Nova for $13.4 billion including debt, further expanding its footprint in North America ...

Drilling operations for the Neptun Deep offshore gas project operated by OMV Petrom in Romania's Black Sea, which holds one of the European Union's most significant natural gas reserves ...