OMV hits $220 million setback as production plummets in Libya
WEB1 day ago · OMV hits $220 million setback as production plummets in Libya. ... OMV's output averaged 332,000 barrels of oil equivalent per day in the three months to 30 September, down 8.8% from 364,000 boepd ...
OMV’s Earnings to Take Hit From Lower Production on Libya Unrest
WEB1 day ago · Photo: leonhard foeger/Reuters. OMV OMV -0.35% said growing security concerns in Libya hampered third-quarter earnings, along with weaker oil prices and refining margins through the period. The ...
OMV’s Earnings to Take Hit From Lower Production on Libya …
WEBO MV said growing security concerns in Libya hampered third-quarter earnings, ... OMV’s overall hydrocarbon production fell 1.8% to 332,000 barrels of oil equivalent a day from the preceding ...
OMV Expects €200 Million Impact Due to Libyan Oil Disruptions
WEB1 day ago · Austrian oil and gas company OMV announced on Tuesday that it expects a financial impact exceeding €200 million ($220 ... reopening of Libyan oilfields and export terminals after a resolution to the leadership dispute at the Central Bank of Libya. On August 7, Libya’s National Oil Corporation (NOC) declared force majeure on the Sharara ...
Portfolio & Locations | Libya | OMV.com
WEBOMV’s success in Libya is based on the acquisition of producing assets, exploration, as well as field developments and redevelopments. OMV has been exploring in most sedimentary basins on- and offshore Libya; including Sirte, Murzuq, Ghadames, Cyrenaica, Kufra and Pelagian basins.
Libya: Austria’s OMV to Restart Drilling in 2024 - Energy Capital
WEBNov 8, 2023 · Austrian multinational integrated oil, gas and petrochemical company OMV will resume exploration in Libya’s Sirte Basin in February 2024, according to a statement.
Libya's Sharara oilfield output down 60,000 bpd - sources
WEBAug 5 (Reuters) - Oil production at Libya's Sharara field, one of the country's largest production areas has been reduced by 60,000 barrels a day, or about 20% of its capacity, due to ongoing...
Libyan oilfields open now that central bank dispute resolved
WEB6 days ago · Oct 04, 2024, 04:56 AM. BENGHAZI - Libya's eastern-based government and Tripoli-based National Oil Corp (NOC) announced on Thursday the reopening of all oilfields and export terminals after a ...
Halt to Libyan oil production will force Europe to seek alternatives ...
WEBAug 30, 2024 · Libya's latest oil blockade could disrupt crude exports to Europe, its biggest market, forcing European refineries to seek alternatives, experts said. Libya's eastern-based administration said it was shutting down oilfields and suspending production amid rising tension with the UN-recognised government in Tripoli.
OMV invests in sustainable development in Libya
WEBMar 14, 2019 · OMV has been investing in improving access to safe water and education facilities and strengthening local emergency response in Libya as part of its global commitment to the Sustainable Development Goals (SDGs).