OMV

What OMV does

OMV Aktiengesellschaft is an integrated energy, fuels, and chemicals company headquartered in Vienna, Austria, founded in 1957 and listed on the Vienna Stock Exchange (ticker OMV) with a market capitalization of approximately USD 22.74 billion and approximately 22,300 employees worldwide. The company operates across the full energy value chain through five primary revenue streams: Exploration and Production (288 kboe/d in Q1 2026, including Neptun Deep in the Romanian Black Sea), Refining and Fuels (Schwechat refinery and ~1,000 retail filling stations across seven European countries serving over 650,000 customers daily), Chemicals and Polyolefins (50% stake in Borouge Group International, the world's fourth-largest polyolefins producer with 13.6 million tonnes of nameplate capacity, formed March 2026 with ADNOC's XRG), Gas Marketing and Trading (subsidiaries across 15+ European markets), and Low Carbon Business (green hydrogen, geothermal, carbon capture, and circular economy solutions).

OMV's technology portfolio centers on proprietary sustainability assets including ReOil® chemical recycling (converting end-of-life plastics into pyrolysis oil, 16,000 tpa commercial plant operational since March 2025, ISCC PLUS certified, reducing CO2 emissions by up to 34% versus incineration) and CoolSwingCC® electrified carbon capture technology (operating at ~60°C with 50%+ energy savings versus conventional MEA systems). Additional low-carbon infrastructure includes a 140 MW green hydrogen JV with Masdar (operational end-2027, producing 23,000 tonnes annually), the Carbon Capture Innovation Center pilot (1,000 tpa capacity), and the Eavor closed-loop geothermal project in Geretsried, Germany (64 MW thermal output).

The business model is predominantly transactional across commodity-linked fuel, chemical, and gas sales with pricing that is largely quote-based and not publicly disclosed; retail fuel operates on pay-as-you-go at company-owned stations. Customer segments span individual consumers and fleet operators (fuel cards/OMV SmartPass), industrial B2B energy customers, the aviation industry (SAF under EU ReFuelEU mandates), and the European gas market. Strategic ownership combines Austrian state control (Österreichische Beteiligungs AG holds 31.5% with the Republic of Austria as ultimate beneficial owner) with a 24.9% ADNOC stake being transferred to XRG, creating a unique Austrian-Gulf strategic axis. Distribution spans ~1,000 retail stations, direct B2B fuel/chemical sales, gas marketing subsidiaries across Europe, and polyolefins distribution through the Borouge International JV.

Name

OMV

Legal name

OMV Aktiengesellschaft

Website

https://omv.com

Company type

Public

Founded year

1957

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

OMV is an Austrian integrated energy, fuels, and chemicals company operating across exploration, refining, retail (~1,000 stations in 7 countries), gas marketing, and chemicals, including a 50% stake in Borouge International (world's 4th largest polyolefins producer) and proprietary ReOil® recycling and green hydrogen technologies.

Ownership category

akta.pro rank

Product category

Integrated Energy and Chemicals

NAICS

Petroleum and Coal Products Manufacturing (3241), Petrochemical Manufacturing (32511)

SIC

Petroleum Refining (2911), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Biofuel Plant EPC, O&M & Process Technology Providers (EUAAAHAK)

akta.pro secondary industries

Enterprise Carbon Accounting & GHG Inventory Platforms (EUABAEAA), Industrial Process Emissions MRV (Cement, Steel, Chemicals, Refineries) (EUAHADAG), GHG Inventory & Corporate/Facility Reporting (Scopes 1–3) (EUAHADAC)

Keywords

• Integrated energy operations
• Fuels and chemicals
• Natural gas marketing
• Polyolefin production
• Chemical recycling technology

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices23 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Exploration and Production: Upstream oil and gas exploration and production operations including Neptun Deep in Romanian Black Sea and international assets
2. Refining and Fuels: Refining operations at Schwechat and other facilities, fuel production including sustainable aviation fuel (SAF) and renewable diesel, retail fuel sales through ~1,000 stations
3. Chemicals and Polyolefins: Chemical production through Borouge International joint venture (50% OMV stake), producing polyethylene and polypropylene for various industrial applications
4. Gas Marketing and Trading: Gas marketing, trading, and distribution across European markets through multiple subsidiaries and representative offices
5. Low Carbon Business: Green hydrogen production, geothermal energy, carbon capture and storage (CCS), and circular economy solutions including ReOil chemical recycling

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

OMV is an integrated energy, fuels, and chemicals company that produces and sells refined fuels (diesel, gasoline, SAF, HVO), petrochemicals and polyolefins (polyethylene and polypropylene via Borouge International), natural gas (through exploration, production, and trading across Europe), and operates ~1,000 retail fuel stations across seven European countries. The company is also investing in low-carbon businesses including green hydrogen (140 MW electrolyzer JV with Masdar), chemical recycling of plastics (ReOil®), carbon capture (CoolSwingCC®), and geothermal district heating.

Product overview

OMV is an integrated energy, fuels, and chemicals company transforming toward sustainable energy, mobility, and lifestyle solutions. The company's core portfolio spans three interconnected segments: Energy (natural gas, geothermal, green hydrogen, CCS), Fuels (SAF, road fuels, aviation fuels, electric mobility via eMotion), and Chemicals (polyolefins via Borouge International joint venture, circular feedstock via ReOil®). Key products include the ReOil® chemical recycling technology converting 16,000 tonnes/year of plastic waste into circular feedstock, CoolSwingCC® electrified carbon capture, 140 MW green hydrogen production with Masdar, and the world's fourth-largest polyolefins producer via Borouge International (13.6 million tonnes capacity). OMV operates across the gas value chain with Neptun Deep in the Black Sea, serves retail customers through ~1,000 fuel stations, and provides fleet solutions via OMV SmartPass cards.

Differentiator

Problem solved

Functional benefit

Brands

• ReOil: OMV's proprietary chemical recycling technology that converts end-of-life plastics into circular feedstock for the production of chemicals, supporting a more sustainable future.
• CoolSwingCC
• eMotion
• Borouge International
• Forward for Good

Products and services

• ReOil® Chemical Recycling Technology OMV's proprietary pyrolysis-based chemical recycling technology that converts end-of-life plastics into circular feedstock (pyrolysis oil) for producing new chemicals and plastics; offered to industrial chemical buyers seeking circular-content feedstocks.
• Sustainable Aviation Fuel (SAF)

Quantifiable outcome

• CO2 emissions reduced by up to 150,000 tonnes per year from green hydrogen production
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core, flagship and minor.

• ARA (Altstoff-Recycling Austria)coreStrategic or Co-development Partner · 21 May 2026Austrian Closed Loop initiative for circular economy; ARA sorted plastic packaging into recycling loop; combined with OMV ReOil technology and Borouge International polymers to produce 100,000 reusable cups from 100% recycled material for Eurovision Song Contest 2026
• Greiner PackagingcoreStrategic or Co-development Partner · 21 May 2026Partnership in Austrian Closed Loop initiative; used circular polymers from OMV ReOil and Borouge International to manufacture 100,000 reusable cups for Eurovision Song Contest 2026 from 100% recycled material
• Borouge Group International (XRG/ADNOC)flagshipStrategic or Co-development Partner · 31 March 2026Formation of Borouge Group International AG (50-50 joint venture between OMV and XRG/ADNOC) combining Borouge, Borealis, and NOVA Chemicals; world's 4th largest polyolefins producer with 13.6 million tonnes nameplate capacity; OMV injected €1.5 billion in cash; generates €886 million one-time accounting gain; ADNOC holds 24.9% stake in OMV being transferred to XRG; BGI listed on Abu Dhabi and Vienna stock exchanges
• Montanuniversität LeobencoreStrategic or Co-development Partner · 23 March 2026Partnership for sustainable aviation fuel (SAF) research infrastructure at Chair of Process Technology and Environmental Protection; Europe's unique research facility for SAF production process comparison; combines process simulation and machine learning to accelerate SAF industrialization 'Made in Austria'
• Masdar (Abu Dhabi Future Energy Company)coreStrategic or Co-development Partner · 5 November 2025Joint venture for 140 MW green hydrogen plant in Bruck an der Leitha, Austria; Masdar holds 49% stake; OMV majority ownership; €123 million funding from Austria Wirtschaftsservice; facility to produce 23,000 tonnes green hydrogen annually; operational by end 2027; Siemens Energy delivering engineering and construction
• Siemens AG AustriacoreTechnology or Integration · 4 October 2025Cooperation for heavy-duty EV charging solutions (eDepots); pilot phase in Austria, Romania, Slovakia, and Hungary; Siemens SICHARGE FLEX distributed charging system delivering up to 1.68 MW; OMV first customer deploying system at Kufstein along A12 corridor
• Eavor TechnologiescoreStrategic or Co-development PartnerOMV contributes operational expertise to Eavor's geothermal project in Geretsried, Germany; closed-loop geothermal technology with 64 MW thermal output; will provide district heating to 20,000 homes saving 44,000 tonnes CO2 annually; project received €45 million EIB funding and €96.1 million EU Innovation Fund grant
• AirbusminorStrategic or Co-development PartnerFuel supplier relationship for sustainable aviation fuel (SAF); part of Airbus's multi-pronged SAF adoption strategy
• InterzerocoreStrategic or Co-development PartnerJoint venture to build and operate one of Europe's largest sorting facilities for chemical recycling in Walldürn, Germany; capacity up to 260,000 tonnes per year
• ADNOC Global TradingcoreStrategic or Co-development PartnerJoint venture for oil trading operations; ADNOC Global Trading joint venture with Eni and OMV; expanding crude handling capacity from 1.1-1.2 million barrels per day to 2 million barrels; opening Houston office in 2027
• EnicoreStrategic or Co-development PartnerJoint venture partner in ADNOC Global Trading; 50-50-50 joint venture (ADNOC, Eni, OMV) for international oil trading expansion

Scale indicators16 records

Recent moves10 records

Expansion highlights7 records

Direct peers

• TotalEnergies SE: Integrated oil & gas major with European refining, LNG marketing, renewables, and SAF/biofuels exposure. Directly comparable to OMV across E&P, refining, gas trading, and the European energy transition; also OMV's co-investor in ADNOC Global Trading and the buyer of SapuraOMV upstream assets.
• BP plc: Integrated energy major pursuing a similar pivot from hydrocarbons into integrated energy / convenience / EV charging. Highly comparable on strategy and European footprint; OMV's incoming CEO Emma Delaney is being recruited directly from BP, signalling near-identical transition playbooks.
• Shell plc: Global integrated oil & gas major with refining, petrochemicals (Shell Polymers), biofuels, hydrogen, and EV charging. Directly comparable on portfolio breadth, low-carbon ambition, polyolefins scale, and B2B/retail fuel distribution.
• Eni S.p.A. Italian integrated energy major with refining, gas marketing, biofuels (Enilive), and a strong Mediterranean/Central European footprint. Direct comparator on integrated model; also OMV's JV partner in ADNOC Global Trading.
• Repsol S.A. Spanish integrated energy company with European refining, retail stations, gas/LNG, and renewables including renewable fuels. Comparable Iberian/Central European downstream footprint and similar refining-to-renewables transition profile.
• MOL Group: Hungarian-headquartered integrated oil & gas group with refining, retail (~2,000 stations), petrochemicals, and gas operations across Central Europe. Closest geographic and operating peer to OMV, especially in Schwechat/Petrom-adjacent markets.
• PKN Orlen S.A. Polish integrated energy group operating refineries, petrochemicals (including polyolefins via Basell Orlen Polyolefins), retail, gas, and renewables. Directly comparable to OMV on integrated downstream/petchem model and Central European retail footprint.
• Neste Oyj: Finnish global leader in renewable diesel (HVO/HDRD) and sustainable aviation fuel (SAF). Direct comparator on OMV's Petrobrazi SAF/HVO project and the broader European biofuel value chain OMV is building around ReOil and circular feedstocks.
• LyondellBasell Industries N.V. Global polyolefins and polymers major with significant European manufacturing footprint. Direct competitor to Borouge International in polyethylene/polypropylene; comparable on circular-polymer initiatives (e.g., CirculenRecover) and licensing models.

Broad incumbents

• BASF SE: World's largest chemical company with deep European footprint across base chemicals, petrochemicals, and circular-economy solutions (ChemCycling). Adjacent competitor and partner in OMV's chemical-recycling and circular-polymer ecosystem, though broader than OMV's specialty.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/omv
• YouTubeyoutube.com/user/omvofficial
• Facebookfacebook.com/OMVTankstellenDeutschland
• LinkedInlinkedin.com/company/omv
• Instagraminstagram.com/omv

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 records

Funding overview

Funding rounds5 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OMV