Press TV - Austrias energy giant OMV says it plans to cease its operations in Iran amid growing signs that the United States is preparing to re-impose sanctions against the country. OMV Chief Executive Rainer Seele told Reuters that his company planned to conclude a seismic studies project in Iran but would not pursue projects further. "Let's ...

Austrian energy company OMV has announced that it is placing bets on opportunities in Iran as it retools its upstream portfolio for growth in the weakened energy sector. Rainer Seele, OMVs Chief Executive Officer, has described Iran as one of the main development region where his company plans to invest in the future in the face of the declining ...

Austrian company OMV says it is monitoring situation in Iran, but it is too early to draw any final conclusions regarding possible business in the Islamic Republic. Corporate spokesperson for OMV Robert Lechner told Trend on September 19 that OMV is closely monitoring the situation and the developments in Iran. "As our CEO, Rainer Seele, said:...

TEHRAN Sept 08 (Shana) Austrian OMV international oil and gas company has expressed its readiness to cooperate with Iran in the area of oil wells stimulation shall the US-led sanctions are lifted, Deputy Petroleum Minister for International Affairs and Commerce Amir-Hossein Zamani-Nia said. Using new technologies, OMV is ready to double production ...

TEHRAN Sept 07 (Shana) Iranian Petroleum Minister Bijan Zangeneh and CEO of the Austrian OMV international oil and gas firm Rainer Seele met on Monday discussing the prospects of bilateral cooperation in joint investments. Seele is in Iran as a member of the top-ranking industry representatives headed by the President of Austrian Federal Economic ...