OMV, ADNOC to merge polyolefins businesses Borouge and Borealis New entity, ‍Borouge Group International, will acquire Nova Chemicals for $13.4 billion ADNOC and OMV to have equal share in ...

OMV and ADNOC agreed on the key terms of the potential consolidation of their polyolefin businesses and the subsequent acquisition of NOVA Chemicals under the new JV. Image by XXLPhoto via iStock ...

An exploration well drilled offshore Norway by Austrian energy company OMV has turned out to be dry. The Horatio prospect 20 kilometres north-west of the producing Gjoa field in the North Sea was ...

Austria’s OMV and Abu Dhabi’s ADNOC have struck a deal to combine their polyolefins business, creating a $60-billion major in the space, ADNOC said in a statement. The new company will be the ...

Abu Dhabi National Oil Co. and OMV AG will merge their units Borealis AG with Abu Dhabi-listed Borouge Plc, capping almost two years of negotiations. The deal, one of the biggest globally in the ...

ADNOC and OMV have also agreed that upon completion of the Combination, Borouge Group International will acquire Nova for $13.4 billion including debt, further expanding its footprint in North America ...

Abu Dhabi's Adnoc and Austria's OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada's Nova Chemicals to form a giant with a combined value of about ...

Landry issued an executive order on March 20. The order explained the many technical problems with OMV’s old system. These issues have caused regular closures of field offices and public tag ...

BATON ROUGE, La. (WAFB) - Governor Jeff Landry says outdated software is the cause of “crippling delays” at Office of Motor Vehicle locations across Louisiana. In response to these issues, the ...

UAE’s ADNOC and Austria-based OMV have finalized key terms to merge their polyolefins businesses, forming a $60 billion global chemicals giant, according to a statement. The deal, nearly two ...

One of the latest amalgamations involves The Abu Dhabi National Oil Company (ADNOC) and Austrian multinational integrated oil, gas and petrochemical giant OMV, who are merging to form a US$60bn global ...