Info:
Austrian energy group OMV is continuing with planned Iranian energy projects despite the United States’ withdrawal from a nuclear pact with Tehran;
Industry:
Energy
Established:
1956
Country:
Austria
Address:
Trabrennstraße 6-8 1020 Vienna Austria
Phone:
+43 1 40440 – 0
Website:
www.omv.com
E-mail:
info@omv.com
People of Interest:
Rainer Steele (CEO)
Reason for the color:
» In 2018 the U.S. state of Iowa listed OMV as an Iran restricted company rendering OMV ineligible for investment and/or state contracting;
» Austria’s energy giant OMV says it plans to cease its operations in Iran amid growing signs that the United States is preparing to re-impose sanctions against the country;
» Austrian energy group OMV is continuing with planned Iranian energy projects despite the United States’ withdrawal from a nuclear pact with Tehran;
» Austrian integrated oil and gas company, OMV, is seeking to expand cooperation with the National Iranian Oil Company to secure a footprint in the country’s upstream sector, OMV’s Orient Upstream general manager said;
» Signed a memorandum of understanding in Tehran with National Iranian Oil Co. for evaluation of various fields in the Zagros area of western Iran;