OMV Norge

OMV Norge AS is the Norwegian upstream subsidiary of OMV Energy, focused on exploration, appraisal, development, production and low‑carbon projects on the Norwegian Continental Shelf. Established in Norway in 2006 and based in Stavanger, it received its first license in 2007 and by 2025 had surpassed cumulative production of 300 million barrels of oil equivalent. The company has grown into a team of around 140 professionals from 22 nationalities and reported daily net production of about 74,000 boe in 2023 and 67,000 boe per day in 2024, of which 59% was gas. OMV Norge is partner in four producing fields – Aasta Hansteen, Edvard Grieg, Gullfaks and Gudrun – with working interests between 15% and 24%, and material net contributions from each field. It holds numerous exploration licenses across the North Sea, Norwegian Sea and Barents Sea, roughly half as operator. The company is operator for the Berling gas and condensate development (PL 644), its first operated field project in Norway, discovered in 2018 (Iris/Hades), with three planned production wells and development progressing through subsea facilities, marine campaigns and topside modifications toward first drilling in 2026. OMV Norge’s exploration portfolio includes the Haydn/Monn gas discovery in PL 1194 in the Vøring Basin, drilled in 2023 and ranked among Norway’s largest discoveries in 2024, with preliminary recoverable volumes estimated at 30–140 million boe. Strategically, OMV Norge prioritizes gas as a transitional fuel, supports OMV’s goal to increase gas to over 60% of group production by 2030, and advances low‑carbon initiatives as partner in the Hywind Tampen offshore wind project and in two CO₂ storage licenses, including the Poseidon CCS license in the North Sea, which targets storage of more than 5 million tonnes of CO₂ per year for industrial emitters in North‑West Europe.