OMV has completed its sale of OMV Tunisia Upstream GmbH subsidiary to Panoro Energy. Involved are a 49% stake in the Cercina/Cercina Sud, El AÃ¯n/Gremda, El Hajeb/Guebiba and Rhemoura blocks and 50% in the Thyna Petroleum Services S.A. Operating Company (TPS). The agreed purchase price is USD 65 million, retro-effective 1 Jan â18. ETAP retains the balance in all rights, while OMV retains the Nawara devt rights in S. Tunisia.
Tunisia, Rhemoura