OMV AG is engaged in the exploration, production, processing, and supply of oil and gas. It operates through the following segments: Upstream, Downstream, and Corporate and Other. The Upstream segment engages in the business of oil and gas exploration, development and production and focuses Romania, Austria and Kazakhstan, North Sea, Middle East, Africa and Russia. The Downstream segment operates refineries where crude oil is processed into petroleum products. The company was founded on July 3, 1956 and is headquartered in Vienna, Austria.