OMV Petrom Company Description

OMV Petrom S.A., an energy company, engages in the exploration and production of oil and gas in Romania and rest of Europe.

It operates through three segments: Exploration and Production; Refining and Marketing; and Gas and Power.

The Exploration and Production segment engages in the exploration, development, and production of crude oil and natural gas.

The Refining and Marketing segment produces and delivers gasoline, diesel, and other petroleum products through Petrobrazi refinery; and provides services and non-oil business products.

The Gas and Power segment engages in the production of electricity, as well as sale of gas and power; and operates gas fired power plant.

It also offers airport, medical, financial, IT, and other services; produces bioethanol products; and operates charging network for electric vehicles, as well as filling stations and distributes products to retail and wholesale customers.

The company was founded in 1857 and is headquartered in Bucharest, Romania. OMV Petrom S.A. operates as a subsidiary of OMV Aktiengesellschaft.