Announcement • Dec 09
OMV Aktiengesellschaft, Annual General Meeting, May 27, 2026 OMV Aktiengesellschaft, Annual General Meeting, May 27, 2026. Announcement • May 30
PJSC LUKOIL (MISX:LKOH) acquired an additional 5% stake in Ghasha gas concession from OMV Aktiengesellschaft (WBAG:OMV) for approximately $490 million. PJSC LUKOIL (MISX:LKOH) acquired an additional 5% stake in Ghasha gas concession from OMV Aktiengesellschaft (WBAG:OMV) for approximately $490 million on May 30, 2025. The total cash consideration is $594 million, net of a transaction fee of $100 million.
PJSC LUKOIL (MISX:LKOH) completed the acquisition of an additional 5% stake in Ghasha gas concession from OMV Aktiengesellschaft (WBAG:OMV) on May 30, 2025. Announcement • Feb 03
ADNOC Aims to Buy Nova Chemicals, Roll Into Deal With OMV Abu Dhabi National Oil Company and energy producer OMV Aktiengesellschaft (WBAG:OMV) are considering buying Canada’s NOVA Chemicals Corporation and rolling it into an industry giant they’re seeking to create by merging two companies in which they have cross shareholdings. The government-owned company in the United Arab Emirates and the Austrian energy producer are in “constructive and positive” talks about a merger of two chemical units in which they’re both partners, ADNOC said in a statement on February 1, 2025. The deal would create a chemical producer potentially valued at more than $30 billion. Announcement • Jan 27
OMV Aktiengesellschaft, Annual General Meeting, May 27, 2025 OMV Aktiengesellschaft, Annual General Meeting, May 27, 2025. Announcement • Dec 11
TotalEnergies SE (ENXTPA:TTE) acquired the 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million. TotalEnergies SE (ENXTPA:TTE) has signed an agreement to acquire 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million on January 31, 2024. Under the terms of agreement, TotalEnergies is paying cash consideration of $903 million, this amount includes the full repayment of the outstanding $350 million shareholder loan granted by OMV to SapuraOMV as well as net working capital and other elements with the consideration being subject to closing adjustments (Economic Effective Date December 31, 2022). The remaining 50 percent interest is held by SapuraEnergy. The implementation of the transaction is, inter alia, subject to certain partner consents as well as governmental and regulatory approvals and closing is expected by the end of first half of 2024. J.P. Morgan acted as financial advisor to OMV. Michael Burns, Tim Gummer, Mark Spinney, Neil Cuninghame, Ruth Buchanan and Jessica Davies of Ashurst acted as legal advisor to OMV Aktiengesellschaft. Marc Petitier, Jérémie Marthan, Estelle Philippi and Valérie Ménard of White & Case LLP (Paris), Margot Berry, Laetitia Souesme and Mukund Dhar of White & Case LLP, Francisco de Rosenzweig and Roman Gonzalez of White & Case, S.C. and MeloMegan Irons, Lucy Raffel, Aileen Fitzmaurice, Alistair Leung, Olivia Yan, Tom Carberry and Fiona Blanch of White & Case LLP acted as legal advisor to TotalEnergies.
TotalEnergies SE (ENXTPA:TTE) completed the acquisition of 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) on December 10, 2024. Announcement • Oct 25
OMV Aktiengesellschaft to Report Fiscal Year 2024 Results on Feb 04, 2025 OMV Aktiengesellschaft announced that they will report fiscal year 2024 results at 7:00 AM, Central European Standard Time on Feb 04, 2025 Announcement • Mar 01
Abu Dhabi National Oil Company acquired 24.9 % stake in OMV Aktiengesellschaft (WBAG:OMV) from Mubadala Petroleum And Petrochemicals Holding Company LLC. Abu Dhabi National Oil Company entered into an agreement to acquire a 24.9 % stake in OMV Aktiengesellschaft (WBAG:OMV) from Mubadala Petroleum And Petrochemicals Holding Company LLC on December 21, 2022. The completion is subject to closing conditions and other regulatory consents and approvals. As of July 12, 2023, the European Commission approved the transaction. As of August 16, 2023, Competition Tribunal of South Africa has approved the transaction without conditions. Citigroup Inc. (NYSE:C) acted as a financial advisor to Abu Dhabi National Oil Company.Abu Dhabi National Oil Company completed the acquisition of 24.9 % stake in OMV Aktiengesellschaft (WBAG:OMV) from Mubadala Petroleum And Petrochemicals Holding Company LLC on February 29, 2024. Announcement • Feb 01
TotalEnergies SE (ENXTPA:TTE) has signed an agreement to acquire 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million. TotalEnergies SE (ENXTPA:TTE) has signed an agreement to acquire 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million on January 31, 2024. Under the terms of agreement, TotalEnergies is paying cash consideration of $903 million, this amount includes the full repayment of the outstanding $350 million shareholder loan granted by OMV to SapuraOMV as well as net working capital and other elements with the consideration being subject to closing adjustments (Economic Effective Date December 31, 2022). The remaining 50 percent interest is held by SapuraEnergy. The implementation of the transaction is, inter alia, subject to certain partner consents as well as governmental and regulatory approvals and closing is expected by the end of first half of 2024. Announcement • Jul 15
OMV to Enter Talks with ADNOC to Create $20 Billion Chemicals Giant OMV Aktiengesellschaft (WBAG:OMV) said on July 14, 2023 said it will enter negotiations with Abu Dhabi National Oil Co (ADNOC) to potentially create a chemicals giant via the combination of two entities in which both companies own stakes. The deal, if realised, would include a merger of petrochemicals group Borealis AG which is owned by OMV and ADNOC in a 75:25 split -- and Borouge plc (ADX:BOROUGE), which is 54:36 owned by ADNOC and Borealis. OMV said such a tie-up would result in both Borealis and Borouge becoming "equal partners under a jointly controlled, listed platform for potential growth acquisitions to create a global polyolefin company". A potential tie-up between the both petrochemicals companies, which was first reported last week, would create a global heavyweight with combined annual sales of more than $20 billion. OMV said any transaction depended on a number of criteria, including the valuation of both businesses as well as the approval of the Austrian group's management and supervisory boards and antitrust authorities. Announcement • Jul 06
Adnoc, OMV Reportedly Explore USD 30 Billion Merger of Borealis, Borouge OMV Aktiengesellschaft (WBAG:OMV) are exploring a combination of Borouge plc (ADX:BOROUGE) and Borealis AG to create a chemicals and plastics company worth more than $30 billion, people familiar with the matter said. The owners are discussing the potential valuation and ownership structure of a combined entity and may reach the broad outlines for formal merger negotiations in the coming weeks, according to the people. Talks have been on-and-off for several months and could still be delayed or fall apart, they said, asking not to be identified because deliberations are private. Borealis is 75% owned by OMV, with the remainder held by Abu Dhabi National Oil Co. Abu Dhabi-listed Borouge is itself a partnership between Adnoc and Borealis and has a market value of about $22 billion. The two parties are discussing a possible valuation of about $10 billion for Borealis, including its Borouge stake, the people said. After taking into account potential synergies, the overall valuation of the combined entity could exceed $30 billion, the people said. The exact value and ownership structure remain the two key hurdles for any agreement and may still change, they said. The Austrian side would also prefer to have the headquarters in Europe, where most of the operations are, even if the combined entity was listed in Abu Dhabi, the people said. Representatives for Adnoc and OMV declined to comment. Spokespeople for Borealis and Borouge referred queries to their owners. The Abu Dhabi firm is continuing its pursuit of a potential Covestro takeover and has been studying its next steps, according to people with knowledge of the matter. Adnoc is likely to decide as soon as the next couple weeks whether to increase its offer for Covestro, the people said. A spokesperson for Covestro declined to comment. Announcement • Jun 03
ORLEN Deutschland GmbH acquired 17 Automated Service Stations in Germany from OMV Aktiengesellschaft (WBAG:OMV). ORLEN Deutschland GmbH acquired 17 Automated Service Stations in Germany from OMV Aktiengesellschaft (WBAG:OMV) on June 1, 2023.ORLEN Deutschland GmbH completed the acquisition of 17 Automated Service Stations in Germany from OMV Aktiengesellschaft (WBAG:OMV) on June 1, 2023. 
