Technical Evaluation Agreements
Over the last years, OMV participated in three Technical Evaluation Agreements in Abu Dhabi for exploration, appraisal and potential field developments.
SARB and Umm Lulu
In April 2018 OMV signed an agreement for the award of a 20% stake in the offshore concession Abu Dhabi – SARB and Umm Lulu as well as the associated infrastructure.
In December 2018 OMV was awarded a 5% interest in the Ghasha concession comprising the Ghasha mega project.