
OMV divests 5% stake in Ghasha concession for $594m
Romania’s OMV has concluded the sale of its 5% stake in the Ghasha concession to Lukoil Gulf Upstream for $594m (2.63bn lei). This deal elevates Lukoil’s total stake in the Abu Dhabi-based field to 10% following its initial acquisition in 2019. The Ghasha …