Company Details

Name:
OMV New Zealand Limited
Address:
Level 20, 100 Willis Street
Wellington, New Zealand
Website:

Company Profile

OMV New Zealand is a hydrocarbon producer and an explorer in the search for new oil and gas reserves offshore New Zealand. The company began operating in New Zealand after acquiring a 30% share in the Maari oil field following the purchase of Cultus Petroleum of Australia in 1999. It has since expanded into a range of other assets through subsequent acquisitions. These include the Māui gas field and a 74% share in the Pohokura gas field. OMV New Zealand is a subsidiary of OMV Upstream, which is part of the OMV Group, one of Austria’s largest listed industrial companies.As of year-end 2018, OMV’s proven worldwide reserves were 1.3 billion boe (barrel of oil equivalent). In 2018, OMV Upstream’s global oil and gas production averaged 427 thousand boe per day.OMV is a highly experienced operator of mature onshore and offshore fields, focused on delivering safe and efficient production. OMV is currently producing from offshore fields in New Zealand, Norway and in the Black Sea. OMV is also an active joint venture partner in offshore operations in Norway, Romania and Bulgaria. With offices in Wellington and New Plymouth, OMV New Zealand is a significant contributor to operating profit within OMV Upstream’s portfolio.

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