EMOV is an independent international energy company set up to acquire and operate conventional oil and gas assets. The company is focused on opportunities in central Europe and the Caspian region, where the EMOV team has significant operating experience and has originated a portfolio of attractive opportunities.
As major oil companies reduce their presence in mature oil and gas basins, there is an opportunity for independent operators to acquire and further develop high-quality energy assets by operating sustainably, maximising asset potential and meeting demand for lower-carbon energy.
In December 2022, EMOV completed its acquisition of 88% of the issued and outstanding shares of Sand Hill Petroleum B.V., a private company with upstream and midstream assets in Hungary and Romania.
In February 2023, EMOV became the largest shareholder of Nostrum Oil and Gas, UK-listed independent oil and gas company with assets in the Caspian region. EMOV acquired 18.9% of Nostrum's issued shares.
EMOV aspires to a high standard of compliance and corporate governance to meet the high expectations of stakeholders in our industry to comply with best practice in the markets it operates in.