OMV AG (ADR) (OTCMKTS:OMVKY) (ETR:OMV) (FRA:OMV) announced this morning that it has acquired the North Sea assets of the Norwegian company Statoil ASA (NYSE:STO) for USD $2.65 billion. The company claims that this transaction will materially enhance OMV’s upstream portfolio.
OMV to acquire 24 percent stakes in Gudrun field
OMV AG (ADR) (OTCMKTS:OMVKY) (ETR:OMV) (FRA:OMV) has agreed to acquire 19% in the producing Gullfaks field and 24% in the Gudrun field. Both of these oil and gas producing fields are located in the offshore Norwegian Continental Shelf. In addition, OMV will...


