Headquartered in Vienna, OMV is an integrated energy, fuels and chemicals company transforming its portfolio towards lower-carbon and circular businesses. Its operations span energy production, refining, fuel and mobility services, alongside petrochemicals and advanced materials through its chemicals activities. OMV is investing in geothermal energy, renewable fuels, green hydrogen, carbon capture and circular plastics, while applying advanced process technologies to reduce emissions and resource consumption. With major operations in Europe and an international market presence, the group serves mobility, aviation, chemicals, manufacturing and energy markets while developing more sustainable feedstocks, fuels and industrial solutions.
The partners are assessing deep geothermal potential in Styria through the Tiefenkraft project, with the goal of supplying up to 50% of district heating demand in the greater Graz area by 2037.
OMV partners with the Technical University of Leoben to advance Europe’s unique research infrastructure, accelerating the industrialization of sustainable aviation fuels through technology.
OMV and Masdar collaborate on a 140 MW green hydrogen project with Austria Wirtschaftsservice funding to support industrial decarbonization and integrated energy systems.
OMV and Masdar signed a binding agreement to form a joint venture to build and operate a 140 MW green hydrogen electrolyzer in Bruck an der Leitha, Austria.
Annual production of 23,000 tons of green hydrogen will make a significant contribution to decarbonization of the industrial processes at the OMV refinery in Schwechat.
Agreement covers potential opportunities in Austria, the UAE and in Central and Northern Europe for the production of green hydrogen and its derivatives.
OMV has successfully started-up its ReOil plant at OMV’s Schwechat site, boasting a processing capacity of up to 16,000 metric tons of hard-to-recycle plastics p.a.