Posted inPower List Power 50 OAG 2017

Rainer Seele

,CEO,OMV

Rainer Seele

Rainer Steele was appointed the company’s chairman and CEO in 2015. Regarding the appointment, OMV’s supervisory board chairman Rudolf Kemler said that it is a “critical milestone which will ensure stability to OMV’s management structure.” With group sales of $20.35bn and workforce of around 22,500 employees, OMV is considered to be one of Austria’s largest listed industrial companies. In 2016, it produced approximately 315,000 boepd. Its active Middle East operations include the Habban field in Yemen, where the company believes a restart of operations remains possible once the situation stabalises, the Kurdistan-based Pearl Petroleum, of which OMV holds a 10% share, and Iran’s Mehr Block. In Libya, the company resumed operations of the Murzuq basin, the Nafoora Augila field, the Sharara pipeline once blockages were lifted.

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