OMV exits UAE asset in $600 million deal

Russia’s Lukoil snaps up stake in Ghasha concession

OMV in December 2018 took up a 5% interest in the Ghasha concession in the UAE. — OMV in December 2018 took up a 5% interest in the Ghasha concession in the UAE.Photo: ADNOC

Amanda Battersby

Asia Bureau ChiefSingapore

Published 3 June 2025, 05:08Updated 3 June 2025, 07:04

United Arab Emirates OMV Lukoil PTTEP Wintershall Dea