OMV AG has agreed to sell its wholly owned subsidiary OMV Tunisia Upstream GMBH to a subsidiary of Panoro Energy ASA, London, for $65 million, subject to adjustments. OMV Tunisia Upstream holds 49% interests in the Cercina-Cercina Sud, El Ain-Gremda, El Hajeb-Guebiba, and Rhemoura concessions in Tunisia and half of the shares in Thyna Petroleum Services SA Operating Co.

Source: News