Profitable growth on the Norwegian shelf - developing our common resources efficiently.
The leading company in the development and operation of smaller fields.
Latest from OKEA
OKEA awarded six licences with four operatorships in APA 2020
OKEA awarded six licences with four operatorships in APA 2020
Trondheim, 19 January 2020 - OKEA ASA (“OKEA” or the “Company”) is pleased to announce that the Company has been awarded six new production licences on the Norwegian…
Yme New Development project update
Yme New Development project update
Trondheim, 4 January 2020 - OKEA ASA (“OKEA” or the “Company”) is pleased to announce that the onshore work on the production unit for the Yme field - the Mærsk Inspirer…
Acquisition of Vette discovery from Repsol
Acquisition of Vette discovery from Repsol
OKEA ASA (“OKEA” or the “Company”) is pleased to announce that the Company has signed a Sales and Purchase Agreement (SPA) with Repsol Norge AS…
OKEA ASA appoints Trond Omdal as VP Investor Relations
OKEA ASA appoints Trond Omdal as VP Investor Relations
OKEA ASA has appointed Trond Omdal as new VP Investor Relations. Mr Omdal has extensive experience from equity research and petroleum market analysis, management consulting and…
Timpani roll for Calypso
The farm-in to Calypso is a good example of OKEA's strategy. We are looking for new resources close to our driving-force Draugen.
Read more Les på norskOur vision
OKEA is a fast-growing oil producer on the Norwegian Continental Shelf. Our vision is to be a leader in safe and cost-effective field development and operation of smaller fields.
Profitable growth
OKEA shall be the most efficient developer and operator on the Norwegian shelf. Our aim is profitable growth. OKEA takes responsibility in accordance with the objectives stipulated by the authorities. We manage and develop resources on behalf of society.
Industry leader on small fields
OKEA’s strategy is to be the leading company in the development and production of smaller fields, and to extend production from mature fields. We will utilize the best available technology to reduce CO2 emissions to the greatest extent possible. Our operations shall have the least possible impact on the environment.
Engaged in the community
OKEA is involved in our community. We supply the world with energy that is still in great demand. Large portions of our profits are returned to society. We make contributions to the local community where we operate, including support to various activities.
Research-based
OKEA bases its operations on facts and research. Being based in Trondheim facilitates close cooperation with NTNU and SINTEF. We put particular emphasis on research aimed at reducing emissions in production.