OMV Group - About the company
OMV Group is an acquired company based in Vienna (Austria), founded in 1956. It operates as a Provider of oil & gas exploration and production services. OMV Group has raised an undisclosed amount in funding from ADNOC. The company has 2418 active competitors, including 158 funded and 902 that have exited. Its top competitors include companies like Shell, Petrobras and Archrock.
Company Details
Provider of oil & gas exploration and production services. Its services include base chemicals, fertilizers, and plastics recycling. It is also focused on reducing sales of fossil refinery products. In 2022, the company recorded annual revenues of $59.73B and a net profit of $3.62B.
- Website
- www.omv.com/en
- Registered Address
- Trabrennstrasse 6-8, AT-1020 WIEN
Key Metrics
Founded Year
1956
Location
Vienna, Austria
Stage
Acquired
Latest Funding Round
Ranked
10th among 2418 active competitors
Employee Count
8,522 as on Mar 31, 2026
Exit Details
Acquired by TotalEnergies (Feb 01, 2024)
Legal entities associated with OMV Group
OMV Group is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OMV (NORGE) AS CIN: 988400025 , Norway, Active | Jun 26, 2005 | - | 87 (As on Dec 31, 2022) | |
OMV (TUNESIEN) PRODUCTION GMBH CIN: 924788429 , Norway, Active | Jul 18, 2004 | - | - | |
OMV DOWNSTREAM CIN: 0794.557.682 , Belgium, Active | Dec 01, 2022 | - | - | - |
OMV Group's acquisition details
OMV Group got acquired by TotalEnergies on Feb 01, 2024.
Click here to take a look at OMV Group's acquisition in detail
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OMV Group's funding and investors
OMV Group has raised funding over 6 rounds. Its first funding round was on 1994. Its latest funding round was a Unattributed round on Feb 29, 2024 for $*****. 1 investor participated in its latest round. OMV Group has 4 institutional investors.
Here is the list of recent funding rounds of OMV Group:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 29, 2024 | 2299931 | Unattributed | 4663314 | 8370202 | 6105746 | 8835469 |
Dec 01, 2019 | 4990256 | Grant (prize money) | 5703576 | 1547435 | 1172384 | |
Jan 01, 2018 | 6395643 | Grant (prize money) | 2005576 | 1737438 | 4224293 |
View details of OMV Group's funding rounds and investors
OMV Group's founders and board of directors
Founder? Claim ProfileOMV Group's employee count trend
OMV Group has 8,522 employees as of Mar 26. Here is OMV Group's employee count trend over the years:
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OMV Group's Competitors and alternates
Top competitors of OMV Group include Shell, Petrobras and Archrock. Here is the list of Top 10 competitors of OMV Group, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Shell 1907, London (United Kingdom), Public | Provider of natural gas & oil exploration, refining, midstream, and upstream services | - | 83/100 | |
2nd | Provider of oil and gas exploration services | - | 74/100 | ||
3rd | Archrock 1954, Houston (United States), Acquired | Provider of natural gas compression solutions for midstream companies | $15M | 73/100 | |
4th | Targa Resources 2003, Houston (United States), Public | Provides midstream natural gas and NGL services | - | 73/100 | |
5th | Tourmaline Oil 2008, Calgary (Canada), Public | Oil & gas exploration and production company | $484M | - | 72/100 |
6th | Eni Next 1953, Boston (United States), Public | Provider of exploration, production, and distribution services of oil & gas | - | 71/100 | |
7th | Crude oil production, processing, distribution, and retailing company | - | 70/100 | ||
8th | Devon Energy 1971, Oklahoma City (United States), Public | Exploration and Production company | $3.78B | 69/100 | |
9th | TotalEnergies 1924, Paris (France), Public | Integrated energy company producing and marketing energy sources | - | 69/100 | |
10th | Provider of oil & gas exploration and production services | - | 68/100 |
Looking for more details on OMV Group's competitors? Click here to see the top ones
OMV Group's Investments and acquisitions
OMV Group has made 8 investments in companies including Eavor and EIT InnoEnergy. OMV Group has also acquired 2 companies including Borealis and Shell.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 25, 2023 | Investments | 2017 | Calgary (Canada) | |
Sep 05, 2023 | Investments | 2010 | Eindhoven (Netherlands) | |
Jun 09, 2023 | Investments | 2017 | Calgary (Canada) |
See all investments by OMV Group
News related to OMV Group
Media has covered OMV Group for a total of 30 events in the last 1 year, 18 of them have been about company updates and 2 about partnerships.
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OMV Invests EUR 65 Million in New Innovation Center in AustriaFinanzNachrichten•May 06, 2026•OMV Group
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Borouge International's SYNDIGO Facility Achieves Key Recycling CertificationsCNW•May 05, 2026•Borouge, ADNOC, NOVA Chemicals, Borealis and 1 other
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ADNOC, OMV advance plans for forming Borouge Group with new agreementGulf News•Mar 20, 2026•Borouge, ADNOC, NOVA Chemicals, Borealis and 1 other
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Equinor Makes Oil and Gas Discovery Near Gullfaks Field in North SeaOffshore Technology•Feb 16, 2026•Equinor, OMV Group
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OMV Completes €1 Billion Dual Tranche Bond IssuanceGlobal Legal Chronicle•Nov 17, 2025•Schoenherr Attorneys at Law, OMV Group, White & Case
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