OMV Aktiengesellschaft (OMV) is an Austrian integrated energy and chemicals company headquartered in Vienna. The group operates across upstream oil and gas, refining and fuels, and chemicals and materials, with a strong footprint in Central and Eastern Europe. Its subsidiary OMV Petrom is a key platform in Southeast Europe.
In chemicals, OMV holds a 75% stake in Borealis, a global producer of polyolefins and base chemicals. Through Borealis, OMV is linked to Borouge, the petrochemicals joint venture with ADNOC in the United Arab Emirates. OMV’s refineries, including Schwechat in Austria, supply petrochemical feedstocks and produce intermediates for plastics and related value chains. The company is developing circular and low‑carbon initiatives—such as chemical recycling, renewable and alternative feedstocks, and hydrogen projects—to reduce the carbon intensity of its operations and support more sustainable materials production.
chemXplore tracks 9 projects involving OMV, of which 5 are active.
OMV's role on them: Owner, Investor / Financier, and Developer.
5 new construction.
2 of the active projects carry no start-up date yet.
Contractors and licensors are recorded on 3 of these 5 projects For subscribers
Targeting: Cross-Linked Polyethylene (1), Crude oil (1), Ethane (1), Hydrogen (1), Polyethylene (1)
Commercially viable Essar discovery holds up to 45 million barrels and could reach ~6,000 b/d; proximity to infrastructure enables rapid, cost-efficient development.
Strong cash flow and low leverage; all segments profitable. Chemicals lifted by Borouge International closing and higher olefin/polyolefin prices.
Restored full production after 5 April incident; shipped all available volumes plus inventory; realised prices rose 53% QoQ; margins squeezed by higher logistics and propylene costs.
140 MW electrolyser at Bruck will produce 23,000 t/yr renewable hydrogen, feed Schwechat refinery via 22 km pipeline, cutting direct CO₂ by up to 150,000 t/yr; operations due end‑2027.
Plant in Lower Austria will produce up to 23,000 t/yr of green hydrogen, start by end‑2027, supply Schwechat refinery and cut about 150,000 t CO2 annually.
Seismic survey completed; Petersdorf 2 exploration well due Q4 2026; potential up to 670 GWh/yr by 2037 covering ~50% of Graz district heating; 20 km pipeline, €150m.
Wittau well begins gas output; first phase 11 TWh for winter 2026/27, recoverable up to 48 TWh. EUR150m invested so far; project could double Austria’s gas production.
New Schwechat hub (8,120 m²) will house labs, pilot plants and a technical centre with 50 workstations and space for up to 15 test facilities. Construction 55% done; start-up H1 2027.
By country, the most active first. active / all projects
