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OMV Steps into Deep Water Gas Development in Northern Norwegian Sea

Published: July 13, 2012; 16:14 · (Vindobona)

OMV acquires 15% stake in the Aasta Hansteen field development from ExxonMobil and increases its stake in the Norwegian Sea Gas Infrastructure project by 6.15%.

OMV Steps into Deep Water Gas Development in Northern Norwegian Sea / Picture: © Flickr

On July 12, OMV signed an agreement to acquire a 15% stake in the Aasta Hansteen field (formerly Luva, Production Licence 218/218 B) from ExxonMobil and an increase of its share by 6.15% in the Norwegian Sea Gas Infrastructure (NSGI) project. The deal is subject to approval by the Ministry of Petroleum and Energy. The Aasta Hansteen development contains three significant gas…

This article includes a total of 442 words.

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