OMV acquires Shell´s Upstream business in New Zealand
(World News Austria)

OMV acquires Shell`s Upstream assets in New Zealand Adds recoverable resources of up to 100 mn boe to the OMV Portfolio Purchase price of USD 578 mn Important step to develop Australasia into an OMV core Region OMV, the international integrated oil and gas company based in Vienna, has agreed to acquire Shell`s Upstream business in New Zealand comprising joint venture interests in Pohokura (48%), the largest gas producing field in New Zealand, and Maui (83.75%) as well as related infrastructure for production, storage and transportation. OMV is an existing partner in...