OMV AG (OMVV.VI)
VIENNA, March 24 Energy group OMV and Abu Dhabi National Oil Company (ADNOC) have agreed to cooperate in the petrochemical sector and to explore opportunities to make use of OMV's recycling expertise, the Austrian company said.
* Proposes dividend of 1.75 euros per share, up from 1.50 euros
FRANKFURT Threatening to impose U.S. sanctions on companies involved in the Russian-backed Nord Stream 2 pipeline is unacceptable, the head of Austria's OMV , which has a stake in the project, told Germany's Handelsblatt daily.
VIENNA Abu Dhabi National Oil Company (ADNOC) has picked OMV to join other partners exploring the Ghasha offshore gas and condensate fields, awarding the Austrian oil and gas group a 5 percent stake in the concession for 40 years.
Nov 9 The following bids, mergers, acquisitions and disposals were reported by 2130 GMT on Friday:
* Further payments, up to $85 mln, depend on value enhancement (Recasts, writes through)
VIENNA, Nov 9 Austrian energy group OMV has agreed to establish a joint venture with Sapura Energy Bhd, paying $540 million for a 50 percent stake in the Malaysian firm's exploration assets.
VIENNA, Oct 31 Austrian oil and gas group OMV lifted third-quarter profit by 31 percent, largely thanks to higher oil prices and lower production costs, and said it expects a strong rise in output for the rest of the year.