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OMV Announces Production Growth

Published: October 19, 2012; 18:24 · (Vindobona)

Due to recovery of production in Yemen, OMV´s oil output was up substantially.

OMV Announces Production Growth / Picture: © Vindobona.org

OMV published its Q3 trading statement today. Overall, production increased to 309,000 boe/ mainly due to a recovery of production in Yemen as well as a stronger contribution from Austria and Tunisia. This increase was partly offset by lower production mainly in the UK. Sales volumes, however, were down due to lower liftings, mainly in Tunisia and Libya. There was no lifting in Yemen in…

This article includes a total of 264 words.

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