OMV AG (OMVV.VI)
Wed, Nov 9 2016
* Production cost per barrel down at $11.7 (Adds detail on cost cuttings)
VIENNA, Nov 9 Austrian oil and gas group OMV's adjusted operating profit in the third quarter was above expectations at 415 million euros ($466 million), but down 16 percent from the same period last year, it said on Wednesday.
Nov 8 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:
VIENNA OMV said it is selling its UK business to Siccar Point Energy for up to $1 billion, putting an end to the Austrian oil and gas group's exploration activities in Britain as it seeks to escape high costs in areas such as the North Sea.
* Backdated deal to cost OMV 350 mln eur in EBIT (Adds detail)
LONDON, Oct 17 ** Austria-based oil and gas company OMV has agreed to sell to Mazarine Energy, an oil and gas production and exploration company backed by private equity fund Carlyle Group, 19 onshore oil fields in Romania for an undisclosed purchase price, the companies said in a statement.
* OMV in need of cash as oil price bites (Adds detail on GCA dividend, Snam strategy)
MOSCOW Gazprom wants more than 25 percent of OMV's Norwegian North Sea holding company but is being prevented from taking a larger stake by Norway, the Russian company's deputy told Reuters on Thursday.
MOSCOW, Sept 15 Gazprom wants more than 25 percent of OMV's Norwegian North Sea holding company but is being prevented from taking a larger stake by Norway, the Russian company's deputy told Reuters on Thursday.
VIENNA Austrian energy group OMV has agreed to sell most of its 50 percent stake in the British Rosebank field to Canada's Suncor Energy for as much as $215 million, OMV said on Tuesday.