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Kadanwari Gas Field (Urdu: قادن واری گیس فیلڈ), located in the Middle Indus Basin of Pakistan, was discovered in 1989 and is currently operated by OMV Pakistan. OMV Pakistan took over the operator-ship of the Kadanwari Gas Processing Plant on 1 January 2003 from Lasmo, currently ENI.
In March 2018, UEP acquired OMV Pakistan assets for US$192 million. [ 4 ] In FY2019, United Energy Pakistan was the largest foreign oil and gas exploration and production company in Pakistan.
Previously, OMV had acquired Petronas' gas fields in Pakistan when it decided to exit Pakistan in 2010. [ 5 ] [ 6 ] In 2019, United Energy Pakistan was the largest foreign oil and gas exploration and production company in Pakistan, and remained 9th on the list with exports worth $227 million.
Sawan Gas Field is located in Nara Taluka, Sindh, Pakistan. It is a joint venture of OMV Pakistan, ENI Pakistan, PPL, Moravské naftové doly and Government Holdings (Private) Limited. [citation needed] Production peaked in 2007 and by late 2023, the field's operator had recovered 97% of the recoverable reserves. [2]
OMV (formerly abbreviation for Österreichische Mineralölverwaltung Aktiengesellschaft (English: Austrian Mineral Oil Administration Stock Company)) is an Austrian multinational integrated oil, gas and petrochemical company which is headquartered in Vienna, Austria.
The main features of the 22-storey building include a bronze bull statue and the largest electronic screen in Pakistan, measuring 15 feet high and 10 feet wide. [ 3 ] Unlike other stock markets, the ISE Tower does not include a trading hall , as stock market trading is no longer centralized. [ 3 ]
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The Austro-Pakistan Society was founded in 1976 with a view to cultivating the cultural and scientific contacts of Austria with Pakistan. [5] The main sponsors of the society are OMV as well as Bank Austria and Emirates.