omv ag is looking into the possibilities of selling its exploration and production assets in the asiapacific the austrian oilandgas company said monday that it had launched a sales process for the potential divestment of its 50 stake in sapuraomv upstream sdn bhd in malaysia and 100 of omv new zealand limited omv said it would ask interested parties to initially submit expressions of interest followed by binding offers at a later stage however the company said a potential sale would be subject to the approval of its supervisory board and relevant governmental authorities