OMV关注石油成本较低地区

Austria’s integrated oil and gas company OMV is reducing its exposure to North Sea/Atlantic basin projects that it deems too expensive in today’s oil prices, said CEO Rainer Seele at a quarterly results press conference. Instead it will focus on lower-cost regions such as the Middle East and Russia.

The company took a hit from the UK Rosebank asset of over $530mn following the sale of a 30% stake to Canadian Suncor at a price that showed a ‘clear reduction’ of its book value.

OMV reported a pre-tax 2Q loss of €300mn compared with a profit of €22mn in Q2 2015; however after stripping out exceptional items and using the current cost of supplies it made a profit of €214mn, compared with last year’s €375mn.

OMV is expecting the oil price to remain at $40/b for the rest of the year, refining margins to come under more pressure but European gas prices to rise slightly. But the company is hoping for a cold winter and the replacement of more coal with gas in the power sector to mop up some of the oversupply.