OMV agrees to divest parts of its upstream business in Tunisia
The company has reached an agreement to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of Panoro Energy ASA.
The company has reached an agreement to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of Panoro Energy ASA.
The company, which opened a base in Saudi Arabia in 2014, has seen a steady uptake in activity with a growing demand for its wellbore clean up products.
Twenty-seven of the world’s leading oil industry chief executives will gather, in Abu Dhabi, on November 11, to discuss the impact of digitalisation, technology and the Fourth Industrial Age on the future of the global oil and gas industry.
Green succeeds Jeff Shellebarger, who will retire after a 38-year career.