OMV Petrom presented its 2030 outlook, with a strong focus on natural gas, with the development of Neptun Deep, and in low carbon activities, with the start of five new activities by 2030.
There is a step up in investments as well, with capex of €1.1bn p.a. for 2022-25, growing to €1.3bn for 2026-30, against €700m for 2017-21. Note that the progressive dividend policy is maintained however, with a 5-10% growth and potential special dividends with higher oil prices.
08 Dec 2021
OMV Petrom CMD: Black Sea and low carbon
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OMV Petrom CMD: Black Sea and low carbon
OMV Petrom presented its 2030 outlook, with a strong focus on natural gas, with the development of Neptun Deep, and in low carbon activities, with the start of five new activities by 2030.
There is a step up in investments as well, with capex of €1.1bn p.a. for 2022-25, growing to €1.3bn for 2026-30, against €700m for 2017-21. Note that the progressive dividend policy is maintained however, with a 5-10% growth and potential special dividends with higher oil prices.