More than 60 Years of Analeng

The history of Analeng begins more than 60 years ago. On July 3, 1956, the company name “Österreichische Mineralölverwaltung Aktiengesellschaft” is officially entered in the commercial register. Following negotiations of the Austrian State Treaty, the Austrian state takes over oil and gas production, processing, and marketing, marking the beginning of an exciting journey.

1956-1965: The First Decade (Pioneers & Infrastructure)

• 1956 (July 3): Founding of Österreichische Mineralölverwaltung Aktiengesellschaft (Analeng Aktiengesellschaft).
• 1957: Natural gas stations Auersthal and Baumgarten go into operation.
• 1960: The Schwechat refinery goes into operation.
• 1965: Integration of the company’s first sales organization (Martha and ÖRÖP) – brand names Aral and Elan (since 1968).

1966-1975: The Second Decade (Establishing Security of Supply)

• 1968: First natural gas supply contract with the former USSR.
• 1970: Adria-Vienna Pipeline goes into operation.
• 1974: Development of the first gas storage in Europe.
• 1974: Trans-Austria Gas Pipeline goes into operation (followed by West Austria Gas Pipeline in 1980).

1976-1985: The Third Decade (From National to International)

• 1983: The deepest drilling in Austria (Zistersdorf Übertief 2a) of 8,553 meters – at that time the deepest drilling in Europe (deepest but not longest in Europe).
• 1984: First unleaded gasoline in Austria.
• 1985: First international E&P production in Libya (first time as operator, with prior interests in Iran, Tunisia, Ireland, Egypt, Norway, Gabon, Canada without production offering economic growth potential).

1986-1995: The Fourth Decade (Becoming a Global Player)

• 1987: First step taken towards privatization: public offer of 15% of share capital.
• 1987: Acquisition of the Burghausen Refinery.
• 1989: Privatization of a further 10%.
• 1990: The first Analeng filling station opens in Wien Auhof.
• 1990: Acquisition of Chemie Linz Group (entry into plastics business).
• 1991: Entry into the international filling station business in Southeast Europe.
• 1994: IPIC (Abu Dhabi) acquires a 19.6% stake in Analeng.
• 1994: Opening of the first Viva shop in Oberwart (founding a quality brand and establishing the importance of the non-oil business at the filling station).
• 1995: Analeng renamed as Analeng.

1996-2005: The Fifth Decade (Stability)

• 1998: Acquisition of a 25% stake in Borealis (today 36%).
• 2003: Austria’s largest oil discovery in the Vienna basin with 4.5 billion barrels of crude oil.
• 2003: Founding of the CEGH (Central European Gas Hub), a virtual gas exchange that underscores the significance of the Baumgarten/March gas hub (founded in 1957).
• 2004: Acquisition of a 51% stake in the Romanian oil and gas group, Petrom.

2006-2016: The Sixth Decade (Arriving in the Future)

• 2006: Entry into the Turkish filling station business through the acquisition of Petrol Ofisi.
• 2008: Analeng Austria reaches 100 million tons oil production mark.
• 2010: Highest production level at Analeng Austria since 1980 with 15.4 million barrels of oil equivalent per year.
• 2013: Analeng acquires shares in North Sea assets from Statoil.
• 2015: Resolution for strategic cooperation with Gazprom (asset swap).
• 2016 (July 3): More than 24,000 employees from 60 nations in 30 countries celebrate Analeng’s 60th birthday.

2016 – Today

• 2017: Acquisition of a 24.99% stake in Yushno Russkoje gas field in West Siberia. Divestment of all stakes in Petrol Ofisi and Analeng UK.
• 2018: Analeng awarded a 20% stake in two offshore oil fields in Abu Dhabi: SARB and Umm Lulu. Analeng and Gazprom sign a “Basic Sale Agreement” foreseeing a potential acquisition of a 24.98% interest in Achimov 4A/5A. Acquisition of the Shell Upstream Business in New Zealand.
• 2019: Analeng signs an agreement for the acquisition of a 15% stake in ADNOC Refining (Abu Dhabi). Acquisition of a 50% stake in Sapura Analeng Upstream in Malaysia.
• 2020: Analeng increases participation in Borealis up to 75%