The block covers an area of 6,592sqkm and is located approximately 30km north of the producing oilfield Ashtart in which OMV holds an interest. The assignment is subject to approval by ETAP, the Tunisian national oil company, and the Tunisian authorities.
Helmut Langanger, executive board member responsible for exploration and production of OMV, said: By acquiring exploration areas we will strengthen our position as operator in Tunisia where we want to grow onshore as well as offshore.
