OMV produces and markets oil and gas, innovative energy, and high-end petrochemical solutions – in a responsible way. OMV has a balanced international Upstream portfolio, while its Downstream Oil and Gas businesses feature a European footprint. In 2018, Group sales amounted to EUR 23 bn and yearend market capitalization was about EUR 12.5 bn. The majority of OMV’s 20,231 employees work at its integrated European sites.
Upstream Business Segment, OMV focuses on the exploration, development, and production of oil and gas in its five core regions of Central and Eastern Europe, Russia, the North Sea, Middle East and Africa, and Asia-Pacific. Daily production was 427 kboe/d in 2018. While gas production accounted for 57% of production, oil amounted to 43%.
The Downstream Business Segment consists of the Downstream Oil and the Downstream Gas businesses.
- Downstream Oil operates three refineries: Schwechat (Austria) and Burghausen (Germany), both of which feature integrated petrochemical production, and the Petrobrazi refinery (Romania), which mainly processes Romanian crude. OMV has an annual processing capacity of 17.8 mn t. The total refined product sales were 20.26 mn t in 2018. The retail network consists of 2,064 filling stations in ten countries with a strong multibrand portfolio.
- In Downstream Gas, the natural gas sales volume was 113.8 TWh in 2018. OMV owns gas storages facilities with a capacity of 30 TWh and a 51% share in Gas Connect Austria, operating a 900 km natural gas pipeline network. The Central European Gas Hub (CEGH) is a well-established gas-trading platform. The node in Baumgarten (Austria) is Central Europe’s largest entry and distribution point for Russian gas. OMV operates a gasfired power plant in Romania.