Tunisia: OMV sells Ashtart to Perenco
Issue 352
- 11 Aug 2017
| 1 minute read
Austria’s OMV has completed the sale to Perenco of its 50% stake in the Ashtart oil field in the Gulf of Gabes and in the Serept operating company. The value of the transaction was not disclosed, but OMV’s average net production from Ashtart was 3,000 boe/d in 2016. The remaining 50% stake in both Ashtart and Serept continues to be held by Entreprise Tunisienne d’Activités Pétrolières.
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