OMV then and now
Reading time: 2 min
We have a great deal planned for this year and there’ll be a lot happening soon. But first let’s take a look back at the past. We have pored through our archive and found several exciting developments. They illustrate the way our business has changed in recent years and how dynamic our industry really is. Here are a few highlights.
ReOil: Getting crude oil back out of plastic
Refining THEN and NOW
For decades, refineries have been converting crude oil into fuels and petrochemical products. Nowadays we turn plastic waste back into synthetic crude. This reduces dependence on natural resources and carbon intensity. Read more about the ReOil process in the OMV Schwechat Refinery.
We recycle plastic waste and turn it into synthetic crude. We then use this to produce more plastic or fuel. This creates a circular economy for plastics – just like the ones for recycled paper, glass and metal.
Wolfgang Hofer, New Technology, OMV Schwechat Refinery
Digital and remote-controlled: the rig of the future
Drilling THEN and NOW
This is a historical picture from an OMV drilling rig. The principles haven’t changed much over the years, the beating heart is still a draw works that maneuvers the drill pipe. What has changed today is how they are connected – and how that helps us manage them.
Read more about the drilling rig of the future.
The “Drilling Cockpit” is where information about all of our drill sites is gathered in one place. This allows us to monitor every activity at every rig from a central location and give immediate feedback to the on-site team should any problem arise.
Christopher Veit, Exploration, Development & Production, OMV Upstream
Demystifying Nord Stream 2: OMV’s rationale for participating in the project
Welding THEN and NOW
Pipelines are a safe, cost-efficient and environmentally friendly way of transporting gas. That's why we have been involved in their constructions for decades. And we still are, with our stake in the Nord Stream 2 pipeline project.
Read why that makes sense to us.
In combination with renewables, gas can usher in a highly promising energy future. Our commitment to the Nord Stream 2 project is driven by the conviction that greater diversification of transport routes can make a real contribution to the security of supply for Europe and Austria.
Reinhard Mitschek, Gas Logistics and International Projects, OMV Downstream Gas