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Latest OMV Group News

• Bina Bawi - extended well test start up with an initial capacity of approximately 5,000 boe/d.
• Declaration of Commerciality has been submitted to the Ministry of Natural Resources.

• American ExxonMobil, Dutch-British Royal Dutch Shell, Romanian OMV Petrom, and Ukrainian state company Nadra will unlock the underwater deposits at the 16,698-square-kilometer Scythian field.

• OMV acquires 15% stake in the Aasta Hansteen field development from ExxonMobil.
• OMV increases its stake in the Norwegian Sea Gas Infrastructure project by 6.15%.
• Important move to establish Norway as core country in OMV's Exploration and Production portfolio.

• The Rosebank project is another important step forward in Chevron's strategy to grow profitably in core areas of our upstream business.

• OMV's stake in a number of licences in the area surrounding the Beryl field and its satellites has been acquired by an undisclosed buyer.

• Signed a Technical Evaluation Agreement to appraise the sour gas and condensate field in Shuwaihat.

• This is Technip's largest contract to date in the UK North Sea, worth approximately €600 million (around £500 million).

• Clean CCS EBIT up 29% vs. Q4/10.
• Libyan production restarted.

• MedcoEnergi relentlessly pursues opportunities to explore, produce and deliver energy in its many forms and utilities.

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