With Group sales revenues of EUR 62 bn and a workforce of around 22,300 employees in 2022, OMV is amongst Austria’s largest listed industrial companies.
In Chemicals & Materials, OMV through its subsidiary Borealis, is one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers, and plastics recycling. Together with its two major joint ventures – Borouge (with ADNOC, in the UAE and Singapore) and Baystar™ (with TotalEnergies, in the USA) – Borealis supplies products and services to customers across the globe. OMV’s Fuels & Feedstock business produces and markets fuels as well as feedstock for the chemical industry, operates three refineries in Europe, and holds a 15% stake in a refining joint venture in the UAE. OMV operates around 1,800 filling stations in ten European countries. In the Energy segment, OMV explores and produces oil and gas in the four core regions of Central and Eastern Europe, Middle East and Africa, North Sea, and Asia-Pacific. Average daily production in 2022 amounted to 392 kboe/d. Its activities also include the Low Carbon Business as well as the entire gas business.
OMV intends to transition from an integrated oil, gas, and chemicals company to become a leading provider of innovative and sustainable fuels, chemicals, and materials, while taking a leading global role in the circular economy. By switching over to a low-carbon business, OMV is striving to achieve net zero in all three Scopes by 2050 at the latest.
OMV shares are traded on the Vienna Stock Exchange (OMV) and as American Depository Receipts (OMVKY) in the U.S.
About OMV New Zealand
OMV provides natural gas to New Zealand as part of the country's energy transition.
OMV has been active in New Zealand since 1999 when it acquired shares in the Maari oil field. 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 also holds interests in three offshore exploration permits.
OMV New Zealand prides itself on its high health, safety and environment standards. It strives to be a very responsible operator, exceeding requirements wherever possible and maintaining good relationships with iwi, hapū and communities near our operations. Being socially responsible is a key part of OMV’s approach to sustainability and we actively support the communities where we opperate. Read more about the projects and initiatives OMV New Zealand supports.
The company is very active in a number of sustainability initiatives ratings-indices.