Killajoules

Axens Awarded for a PolyFuel® Contract in Romania
OMV Petrom has selected Axens to supply the PolyFuel® technology for its project at the Petrobrazi Refinery.The capacity of the project is 200,000 tons per year.

Development plan for Gullfaks Rimfaks valley submitted
Statoil and its partners have decided to develop the Rutil discovery located in the Gullfaks Rimfaks valley in the North Sea. Providing close to 80 million barrels of oil equivalent, the development will extend the lifetime of the Gullfaks A platform.

ABB to build $216 million gas treatment plant in Tunisia
ABB, the leading power and automation technology group, has been awarded a $216 million contract to deliver a gas treatment plant to the South Tunisian Gas Project (STGP).The order was awarded by OMV Tunisie Production GmbH, a subsidiary of Austrian energy group OMV, and was booked in the third quarter.

Varo Energy completes acquisition of assets, including stake in Bayernoil refinery, from OMV
Varo Energy B.V. (Varo Energy) has completed the acquisition of shares currently held by OMV Deutschland GmbH (Vienna SE – OMV:AV) in Bayernoil Raffineriegesellschaft mbH, as well as certain downstream assets owned by OMV Deutschland GmbH.

Statoil farms down exploration licences to OMV
Statoil has signed an agreement to farm down in five exploration licences in the Faroe Islands and two in Norway to the Austrian oil and gas company OMV.
This agreement is a result of the larger OMV transaction, announced in August, where it was agreed to look for cooperation in exploration opportunities.

Horizon Oil (HZN) Advises Major Upgrade At Maari Field Underway
The operator of the Maari oilfield, OMV New Zealand (“OMV”), has today advised that production at the field will be shut until December while a major facility and equipment upgrade is undertaken.

Awarded subsea installation contract in Asia Pacific by OMW
DOF Subsea Group has recently been awarded a contract by OMV New Zealand Ltd, for subsea installation services to the Maari Field, Raroa FPSO offshore Taranaki, New Zealand.

USD 2.65 bn transaction to capture value and focus the portfolio
Statoil ASA (OSE: STL, NYSE: STO) has signed an agreement to divest minority interests in the Gullfaks and Gudrun fields offshore Norway and exit the non-core, non-operated Schiehallion and Rosebank fields, West of Shetlands.

OMV makes another major step towards energy security in Pakistan
On October 4, 2012, OMV and its joint venture partners signed the development and production lease deed for Latif gas field located in the Sindh province of Pakistan. OMV is the operator of Latif concession and holds a 33.34% interest. The other partners in the joint venture are Eni (33.33% interest) and PPL (33.33% interest). The development will comprise of drilling of new wells and construction of a 50 km pipeline to transport Latif gas to the OMV operated Sawan gas plant where Latif gas will be processed and thereafter delivered to customers. OMV is targeting a net production of 5,700 boe/d from Latif in 2014 thereby delivering on a key initiative under the group-wide performance program “energize OMV”.

Total Enters Exploration in Bulgaria with Award of the Khan Asparuh Offshore License
Total today announced the signature with the Bulgarian authorities of the exploration contract concerning the offshore Khan Asparuh license, awarded under the licensing round that opened last January 31. The 14,220-sq.km block is located approximately 80 kilometers offshore in the Black Sea in water depths of between 100 and 2,000 meters.