OMV Closes Acquisition of Petronas Carigali

EnergyOil & Gas ♦ Published: July 12, 2011; 18:54 ♦ (Vindobona)

The Austrian oil and gas company purchased the exploration and production entity of Petronas in Pakistan. Strong growth potential is expected in the country.

OMV Closes Acquisition of Petronas Carigali / Picture: © Wikimedia Commons / DanielZanetti [CC BY 3.0 (]

OMV successfully completed the acquisition of the entire share capital of Petronas’ E&P operating entity in Pakistan from Petronas International Corporation Limited (Petronas) as of July 11, 2011. The government of Pakistan has provided its non-objection to the share transfer and change of control transaction pursuant to applicable laws in Pakistan.

Jaap Huijskes, member of…