Perenco picks up Tunisia assets
Tunisia
VIENNA, August 3, 2017 – OMV sold its 50% stakes in the Ashtart oilfield offshore Tunisia and in operator SEREPT to Anglo-French independent Perenco, the Austrian energy giant said on Wednesday.
The company did not disclose the value of the deals. The Tunisian National Oil Company holds the remaining 50% in both assets.
OMV has no intention of leaving Tunisia and the sale is part of a “strategy to optimise its portfolio,” the company said in a statement.
“Corresponding to the overall investment climate OMV is committed to further invest into the development of resources in Tunisia and in particular in South Tunisia with the objective to increase production and reserves levels,” the press release read. “OMV is working in the development of the Nawara concession within the Jenein Sud exploration area which contains a number of discoveries.”
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