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  • Sapura Energy, OMV ink strategic partnership
    édité le 07/02/2019 - Plus de news de "Sapura Energy" - Voir la fiche entreprise de "Sapura Energy"


Sapura Energy, OMV ink strategic partnership
Sapura Energy Bhd and Austria’s OMV Aktiengesellschaft (OMV AG) have concluded their strategic partnership agreement, whereby Malaysia will remain as the main hub to expand the business in Asia Pacific and Mexico.

OMV Exploration & Production GmbH, a wholly-owned unit of OMV AG, now owns 50% stake in Sapura Energy’s exploration and production (E&P) arm, under a new joint venture company which will be called SapuraOMV Upstream Sdn Bhd, Sapura Energy said in a statement today.

“This is a key milestone for both companies as we move forward with our aligned vision of creating a leading independent oil and gas company,” it added.

Sapura Energy said it is confident that the partnership with OMV will enable sharing of expertise, knowledge and technology to mitigate risks and reduce capital requirements in relation to exploration and development activities.

Sapura Energy is a global integrated oil and gas services and solutions provider operating across the entire upstream value chain, while OMV is an Austrian integrated oil and gas company which is headquartered in Vienna, Austria.

The strategic partnership with OMV AG was approved by shareholders at an EGM early this week.

About Sapura Energy Berhad

Sapura Energy Berhad is a global integrated oil and gas services and solutions provider operating across the entire upstream value chain. The Group’s spectrum of capabilities covers exploration, development, production, rejuvenation, as well as decommissioning and abandonment. With a highly-skilled and technically-capable workforce, strategic world-class assets, and strong project management capabilities, the Group today delivers its integrated solutions and expertise in over 20 countries.

About OMV Aktiengesellschaft

OMV produces and markets oil and gas, innovative energy and high-end petrochemical solutions – in a responsible way. With Group sales of EUR 20 bn and a workforce of around 20,700 employees in 2017, OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies. In Upstream, OMV has a strong base in Romania and Austria and a balanced international portfolio, with the North Sea, the Middle East & Africa and Russia as further core regions. 2017 daily production stood at approximately 348,000 boe/d. In Downstream, OMV operates three refineries with a total annual processing capacity of 17.8 mn tons and more than 2,000 filling stations in ten countries. OMV runs gas storage facilities in Austria and Germany; its subsidiary Gas Connect Austria GmbH operates a gas pipeline network in Austria. In 2017, gas sales volumes amounted to around 113 TWh. Sustainability is an integral part of the corporate strategy. OMV is set to invest EUR 500 mn in innovative energy solutions by 2025.


Origine : Communiqué Sapura Energy

Voir la fiche entreprise de "Sapura Energy"



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