Oil and Gas
Abu Dhabi National Oil Acquires 24.9% Stake in OMV AG
ADNOC acquired Mubadala Investment's 24.9% stake in Austrian energy major OMV AG. Financial details were not disclosed.
Professional M&A intelligence for the energy transition
ADNOC acquired Mubadala Investment's 24.9% stake in Austrian energy major OMV AG. Financial details were not disclosed.
TotalEnergies SE acquired the interests of OMV(50%) and Sapura Upstream Assets (50%) in SapuraOMV Upstream, an independent gas producer in Malaisia. The deal is valued at $903 million. SapuraOMV's main assets are its 40% operated interest in block SK408 and 30% operated interest in block SK310, both located offshore Sarawak in Malaysia.