One-Page Deal Sheet
OMV Divests UK North Sea Assets
Not Disclosed OMV Group
Announced Date
June 21,2012
Close Date
June 21,2012
Transaction Type
Asset
Location
Region
Europe
Country
United Kingdom
Transaction Details: Subscribe to see
OMV divests 5% stake in the Beryl Area producing fields for a consideration of USD 118 mn
OMV acquires 17.5% stake in Tobermory and Bunnehaven discoveries, West of Shetlands, from Statoil (U.K.) Limited in exchange for a 30% stake in the Northern North Sea discovery, Mariner East
OMV divests 1.5% of the Boa producing field to Bridge Energy (SNS)
Limited for a consideration of USD 18 mn
OMV announces a number of asset deals conducted by its 100% subsidiary, OMV (U.K.) Limited, in line with its strategy to focus the business in UK largely onto the West of Shetland area for future growth.
OMV’s stake…
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