Tag: OMV
Energy Headlines Libya

Vienna-based OMV Group to resume drilling operations in Libya in February 2024

North Africa PostComments Off on Vienna-based OMV Group to resume drilling operations in Libya in February 2024

Austrian and Vienna-headquartered integrated oil, gas and petrochemical company OMV Group will resume exploration activities in February 2024, the North African country’s state-run oil company National Oil Corporation (NOC) has announced on Monday November 6. The announcement came after both sides held a technical meeting in Tripoli Sunday at NOC headquarters. The discussions touched on […]
Business Energy Features

Libya : OMV Satisfied with Libyan Results

North Africa PostComments Off on Libya : OMV Satisfied with Libyan Results

Oil production for OMV, Austrian oil and gas group, has recovered in Libya adequately to reach its 2014 output target of 320,000 to 340,000 barrels of oil per day if it continues at current levels, according to OMV’s chief executive Gerhard Roiss. Libya has proved to be a difficult place for business especially for companies […]