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OMVKY Omv Ag Bearer (PK)

10.99
-0.01 (-0.09%)
03 Mar 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Omv Ag Bearer (PK) USOTC:OMVKY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.01 -0.09% 10.99 10.99 11.25 11.21 10.99 11.07 9,021 21:00:56

OMV, Wien Energie to Jointly Develop Vienna's Geothermal Energy

08/03/2023 10:21am

Dow Jones News


Omv Ag Bearer (PK) (USOTC:OMVKY)
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By Giulia Petroni

 

OMV AG on Wednesday said that it is forming a joint venture with Austrian provider Wien Energie to develop and use deep geothermal energy in Vienna.

The two companies have previously collaborated in the exploration, planning and measurement of the geothermal potential of the eastern Vienna Basin. "Based on further exploration of the Vienna Basin and exploitation of the existing potential, deep geothermal plants are set to be developed, built, and operated," OMV said.

The JV is subject to regulatory approvals.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

March 08, 2023 05:06 ET (10:06 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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