OMV Sees 2018 Average Brent Oil Price at $60 a Barrel

OMV Sees 2018 Average Brent Oil Price at $60 a Barrel

Assessment

Interactive Video

Business, Architecture, Social Studies

University

Hard

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The transcript covers an interview with OMV CEO Rainer Seal discussing the company's production plans, dividend policy, and strategic focus. OMV aims to increase production through full consolidation of Russian assets and maintain stable output in Libya. The company follows a progressive dividend policy and is cautious about future guidance. OMV's asset swap strategy involves balancing high-cost, stable regions with lower-cost, potentially unstable ones. The company is investing in alternative fuels and infrastructure, focusing on hydrogen and natural gas for mobility.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected contribution of Libya to OMV's production in 2018?

25,000 barrels per day

100,000 barrels per day

20,000 barrels per day

50,000 barrels per day

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much dividend did OMV reward its shareholders with, reflecting the performance of 2017?

€2.00

€1.50

€2.50

€1.00

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason behind OMV's asset swap strategy?

To focus on renewable energy

To enhance reserve replenishment

To reduce production costs

To increase production in Norway

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company is OMV partnering with for a balanced gas production partnership?

Gazprom

Shell

ExxonMobil

BP

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of capex is Gulp planning to spend on low carbon by 2020?

15 to 25%

5 to 10%

10 to 20%

5 to 15%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of fuels is OMV focusing on for the mobility sector?

Biofuels

Diesel

Hydrogen and natural gas

Electricity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is OMV's stance on investing in electricity generation?

They are planning to invest in the future

They are heavily investing

They are investing a small amount

They are not investing at all