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OMV sells a share of offshore concession in VAE for $ 594 million

By AndreaPosted on30.05.2025
Time to Read:-words


Vienna/Abu Dhabi-The sub-state oil and gas group OMV has sold its five percent concession to the Ghasha-offshore fields off the coast of Abu Dhabi (United Arab Emirates, VAE) for $ 526.55 million) to the Russian mineral oil company Lukoil. This was announced by the listed group in a broadcast on Friday. However, a transaction fee of $ 100 million will be deducted from the purchase price.



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At least eight dead in one of Russia's biggest attacks on Ukraine

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  • Project wants to increase the budget of Public Defenders – 05/14/2026 – Panel
  • Americanas says it has advanced conversations to sell Natural da Terra stores
  • At least eight dead in one of Russia's biggest attacks on Ukraine
    At least eight dead in one of Russia’s biggest attacks on Ukraine
  • Latvia: The entry of Ukrainian drones from Russia leads to the resignation of the prime minister
    Latvia: The entry of Ukrainian drones from Russia leads to the resignation of the prime minister
  • US border protection chief Banks unexpectedly resigns
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