OMV Group Presentation - Corporate Milestones Business Segments and Resourcefulness - 2016
Our Vision “Zero Harm – No Losses” guides our behavior, actions and decisions:
325,189 HSSE-training hours - We improve competence of all our employees on relevant HSSE matters.
146,666 Medical consultations - We focus on the health of our employees by improving working conditions, health promotion programs and medical services.
26,838 Voluntary medical checks - We develop resilience to respond and recover from incidents and ensure business continuity.
EUR 67 mn Spent on integrated pollution prevention - We support of course also preventive health measures for our employees.
EUR 36 mn Direct measures to reduce environmental impact -
We minimize our impact on the environment through pollution prevention, reduction of emissions and efficient use of energy and natural resources.
2. Content
OMV at a glance
OMV milestones
Business segments
Resourcefulness
3. 3 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
OMV Executive Board
Supervisory Board:
Peter Löscher (Chairman), Gertrude Tumpel-Gugerell (Deputy Chairwoman), Murtadha Al Hashmi (Deputy Chairman), Ahmed Matar Al Mazrouei,
Wolfgang C. Berndt, Elif Bilgi Zapparoli, Helmut Draxler, Marc H. Hall, Karl Rose, Herbert Werner
Delegated by the Group Works Council:
Christine Asperger, Wolfgang Baumann, Herbert Lindner, Alfred Redlich, Gerhard Singer
OMV at a glance I OMV milestones l Business segments l Resourcefulness
Members of the Executive Board:
Rainer Seele (top left)
CEO, Chairman of the Executive Board
Reinhard Florey (top right)
Responsible for Finance
Johann Pleininger (bottom left)
Responsible for Upstream
Manfred Leitner (bottom right)
Responsible for Downstream
4. 4 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
Shareholder structure (End of 2015)
IPIC/Abu Dhabi2
24.9%
Own shares
0.3%
Free float
43.3%
ÖBIB1
31.5%
Free float consists mainly
institutional investors in:
Austria
UK
USA
OMV at a glance I OMV milestones l Business segments l Resourcefulness
1 Austrian State and Industrial Holding Ltd
2 International Petroleum Investment Company
5. 5 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
Key figures
in EUR Mio
Clean CCS EBIT
Sales
Clean CCS net income
attributable to stockholders1
Cash flow from
Operating activities
Employees
22,527
1,390
1,148
2,834
24,124
35,913
2,238
1,132
3,666
25,501
2015 2014
OMV at a glance I OMV milestones l Business segments l Resourcefulness
1 After deducting net income attributable to hybrid capital owners and net income attributable to non-controlling interests
6. 6 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
OMV – an integrated, international oil and gas company (Figures end of 2015)
DownstreamUpstream
OMV supplies more than 200 mn people with energy
OMV at a glance I OMV milestones l Business segments l Resourcefulness
► Worldwide exploration &
production activities
► Focus on 3 core areas
► CEE
► North Sea
► Middle East and Africa
► Approximately 85% of production in
EU and OECD countries
► Production: 303 kboe/d
► Reserves:
1,028 bn boe 1P
1,729 bn boe 2P
Downstream Oil
► 3 refineries with capacity of 17.8 mn t
► 3,795filling stations in 11 countries
► 36% share in Borealis
Downstream Gas
► Gas sales business in CEE
► Gas logistics in Austria and Germany
► Invest in Nord Stream II project
7. 7 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
OMV at a glance I OMV milestones l Business segments l Resourcefulness
HSSE is the highest priority!
325,189
HSSE-training hours
We improve competence of all our employees on relevant HSSE matters.
Our Vision “Zero Harm – No Losses” guides our behavior, actions and decisions:
146,666
Medical consultations
We focus on the health of our employees by improving working conditions,
health promotion programs and medical services.
26,838
Voluntary medical checks
We develop resilience to respond and recover from incidents and ensure
business continuity.
EUR 67 mn
Spent on integrated
pollution prevention
We support of course also preventive health measures for
our employees.
EUR 36 mn
Direct measures to reduce
environmental impact
We minimize our impact on the environment through pollution prevention,
reduction of emissions and efficient use of energy and natural resources.
HSSE = Health, Safety, Security and Environment* Figures from 2014
8. 8 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
OMV Aktiengesellschaft
OMV Refining & Marketing GmbH (100%)
OMV Exploration & Production GmbH (100%)
OMV Gas & Power GmbH (100%)
OMV Solutions GmbH (100%)
OMV Deutschland GmbH (100%)
OMV Petrol Ofisi A.Ş. (100%)
Econ Gas GmbH (100%)
OMV Petrom SA (51%)
Borealis AG (36%)
Key companies and key subsidiaries
OMV at a glance I OMV milestones l Business segments l Resourcefulness
9. Content
OMV at a glance
OMV milestones
Business segments
Resourcefulness
10. 10 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
OMV and IPIC acquire 100% of Borealis, one of the leading international plastics
manufacturers
Strengthening of the OMV value chain from crude oil distillation to the production of
plastics
Upgrading a strong position in petrochemicals in Europe and the Middle East in view of
future markets in China
Deepening of the partnership with the key shareholder IPIC
2005
Acquisition of 34% of Petrol Ofisi: OMV enters the growing Turkish market
Turkey is one of the largest and fastest growing markets in the region
Petrol Ofisi is the leading company in the retail and commercial business with the only
country-wide filling station network
In addition to the activities in the retail and commercial business, Turkey is a
strategically important bridgehead to the regions around the Caspian Sea and the
Middle East with their abundant natural resources
2006
OMV milestones during the past decade
OMV at a glance I OMV Milestones l Business segments l Resourcefulness
11. 11 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
Entry into the power business
Important step in extending the value chain of gas
toward power
Decision to realise the first OMV power plant project
in Romania(Brazi)
2007
Start of trading on the CEGH Gas Exchange at the Vienna stock exchange
The Central European Gas Hub (CEGH), a subsidiary of OMV Gas & Power GmbH,
is one of the most important trading platforms for gas in continental Europe
Significant step towards enhanced liberalization and competition on the Austrian gas
market
Strengthening security of supply in Europe through an increase in trading volumes
2009
OMV milestones during the past decade
OMV at a glance I OMV Milestones l Business segments l Resourcefulness
12. 12 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
Acquisition of the exploration and production business of
PETRONAS in Pakistan
Acquisition strengthen OMV‘s position as one of the largest foreign gas producers
in Pakistan
Expected increase in production in Pakistan by approximately 25,000 boe/d by 2014
Acquisition of a majority stake in the Turkish PETROL OFISI
OMV increases its stake in the company to approximately 97% and gains sole control
over one of the leading companies in the Turkish retail and commercial business
Strong basis for further integrated growth within Turkey
2010
OMV milestones during the past decade
OMV at a glance I OMV Milestones l Business segments l Resourcefulness
13. 13 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
Expansion of the Exploration and Production portfolio through a major acquisition in
Tunisia
Acquisition of the entire E&P business of PIONEER in Tunisia
Considerable exploration potential that complements OMV’s existing
South Tunisian assets, Jenein Sud and Nawara
Doubles OMV’s daily production in Tunisia to over 10,000 boe
2011
OMV Petrom: potential and significant gas discovery offshore Romania
The Domino-1 well is the first deep water exploration well offshore Romania
Results in a preliminary estimate for the accumulation ranging from 1.5 to 3 trillion cubic feet
(42 to 84 billion cubic meters)
The evaluation of the Domino-1 well results and the new seismic will determine next steps
2012
OMV milestones during the past decade
OMV at a glance I OMV Milestones l Business segments l Resourcefulness
14. 14 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
2013
Biggest acquisition in OMV history worth USD 2.65 bn
Production: acquisition of two participations in Norway (Gullfaks: 19%, Gudrun: 24%)
Development: Raising two UK-participations (Rosebank: 30%, Schiehallion: 5.88%
Exploration: optional participation in 11 of Statoil‘s exploration licenses
(number of existing licenses: 54)
Strategic partnership in research and development: with Statoil in the field of
enhanced oil recovery (EOR)
2014
Successful build-up of North Sea region position:
Norway produces 35 kboe/d
Expansion in Sub-Saharan Africa (Namibia, Madagascar)
Merger of R&M and G&P into single Downstream unit initiated
R&M divestment program of EUR 1 bn finalized
► Petrobrazi modernization finalized: +5 USD/bbl margin improvement1
OMV milestones during the past decade
OMV at a glance I OMV Milestones l Business segments l Resourcefulness
1 vs. pre-modernization
15. 15 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
OMV milestones during the past decade
Consolidation of cooperation between OMV and Gazprom
a.o. planned acquisition of areas IV and V of the russian Achimov formation (Urgenoy field)
Invest in Nord Stream II
Record result in Downstream Oil
Increase of production at North Sea, a.o. start of Edvard Grieg
2015
OMV at a glance I OMV Milestones l Business segments l Resourcefulness
16. Content
OMV at a glance
OMV milestones
Business segments
Resourcefulness
17. 17 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
Upstream – Exploration & Production (Figures end of 2015)
OMV at a glance I OMV milestones l Business segments l Resourcefulness
51%
Oil
Gas
50%50%
OMV production share 2015
Kennzahlen
OMV produced an average
of 303 kboe/d and its proven
reserves amounted to
1,028 mn boe
66% of total production from
Romania and Austria
Three-years average RRR1
of OMV Group: 73%
1 Reserves Replacement Rate
18. 18 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
Downstream Oil – Refining & Marketing (End of 2015)
Refining
Capacity 17.8 mn t/year
93% utilization
Refined product sales: 30.0 mn t
Fuels storage capacity: 4.26 mn m³
thereof seaside: 1.3 mn m³
Marketing
Filling stations: 3,795
Marketing sales: 10.3 mn t
Strong retail brand and high-quality, innovative non-oil
business (VIVA)
Modern filling station as a multifunctional service center
Borealis
36% stake
Borouge joint venture
Attractive inland markets with ~200 mn people
OMV at a glance I OMV milestones l Business segments l Resourcefulness
19. 19 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
Downstream Gas: Gas & Power (End of 2015)
Equity gas supply
67 TWh
Gas sales
123 TWh (11 bcm)
Captive use through 1.7 GW
gas-fired power generation
Gas logistics
Main operator of Austria‘s gas infrastructure
(pipelines and storages)
Gas transportation volume sold: 1,492 TWh
Gas storage volume sold:
21 TWh
OMV at a glance I OMV milestones l Business segments l Resourcefulness
20. Content
OMV at a glance
OMV milestones
Business segments
Resourcefulness
21. 21 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
OMV Resourcefulness: Win-Win for environment, society and company
OMV at a glance I OMV milestones l Business segments l Resourcefulness
Strategic approach for:
Health, safety, security, environment, diversity, business ethics,
human rights and stakeholder engagement.
Focus areas:
Eco-Efficiency, Eco-Innovation and Skills to Succeed.
Basis for long-term profitability
Preservation of „Social License to Operate“.
Positioning as a preferred employer and partner.
Resourcefulness 2015
Arround 300 projects in 20 countries
OMV ranked in the main sustainability indexes: FTSE4Good,
CDP, MCSI, Global Sustainability, STOXX
22. 22 | OMV Aktiengesellschaft | OMV Group presentation | October 2016
Resourcefulness Focus Areas: Environmental Management,
New Technologies, Education & Development
OMV at a glance I OMV milestones l Business segments l Resourcefulness
Eco-Efficiency - Careful use of resources and minimize the
impact on the environment
Energy efficiency
CO2, water and waste Management
Eco-Innovation - Investment in research and development of new
technologies and energy sources for the challenges of the future
Hydrogen in the mobility
Second generation biofuels
Skills to Succeed - Promoting local economic development through
Educational initiatives in the areas of technology and industry
Development of economic capacities of local providers
Strategic cooperation with key universities