OMV Steps into Deep Water Gas Development in Northern Norwegian Sea

EnergyOil & Gas ♦ 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: © Vindobona.org

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…