OMV Aktiengesellschaft operates as an integrated oil and gas company. It operates in two segments, Upstream and Downstream. The Upstream segment explores for, develops, and produces oil and gas resources primarily in Romania and Black Sea, Austria, North Sea, Australasia, Russia, the Middle East, and Africa. As of December 31, 2017, this segment had proved oil and gas reserve of 1,146 million barrels of oil equivalent; and proved and probable oil and gas reserves of 1,943 million barrels of oil equivalent. The Downstream segment refines, processes, and sells petroleum products to commercial and private customers. This segment operates refineries in Schwechat, Austria; Burghausen, Germany; and Petrobrazi, Romania with an annual processing capacity of 17.8 million metric tons, as well as operates a retail network of approximately 2,039 filling stations in 10 countries. This segment also engages in gas transit, as well as gas storage, marketing, and trading businesses. It operates a gas pipeline network; gas storage facilities with a capacity of 2.7 billion cubic meters; and 2 gas-fired power plants in Romania and Turkey. OMV Aktiengesellschaft was founded in 1956 and is headquartered in Vienna, Austria.
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