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Illustration Map: Statoil - Illustration Spar Platform: Statoil |
It has a total height of more than 200 m, a hull diameter of 50 m and a condensate storage capacity of 160,000 barrels. Production from the Aasta Hansteen field is expected to commence during 2017.
Jaap Huijskes, OMV Executive Board Member responsible for Exploration and Production: “We are committed to this project. It is designed as a future hub and it will therefore unlock great potential in the region. Together with the recently acquired stakes in two other development projects, Zidane and Edvard Grieg, Norway will add substantially to OMV’s production growth.” OMV will also participate in the investment of a new 36 inch, 480 km gas pipeline and an upgrade of the Nyhamna gas processing plant. These two elements together constitute the Norwegian Sea Gas Infrastructure (NSGI) project in which OMV holds a share of 9.073%. “The + + +
OMV has been active in Norway since 2007 and has built up a portfolio of 17 licenses in the Continental Shelf and the
Barents Sea of which 8 are operated by OMV. By year end 2011, a 20% share of the Zidane field development project in PL 435 was acquired followed by the acquisition of a 15% stake in the Aasta Hansteen development project in PL 218/218 B in 2012. In October 2012 OMV signed the contract to acquire a 20% stake of the Edvard Grieg oil field development.
With Group sales of EUR 34.05 bn and a workforce of 29,800 employees in 2011, OMV Aktiengesellschaft is one
of Austria’s largest listed industrial companies. In Exploration and Production, OMV is active in two core
countries Romania and Austria and holds a balanced international portfolio. OMV had proven oil and gas
reserves of approximately 1.13 bn boe as of year-end 2011 and a production of around 288,000 boe/d in 2011. In
Gas and Power, OMV sold approximately 272 TWh of gas in 2011. In Austria, OMV operates a 2,000 km long gas
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