The leading company in the development and operation of smaller fields.
Profitable growth on the Norwegian shelf - developing our common resources efficiently.
Latest from OKEA
Decision to develop the Hasselmus gas discovery
Decision to develop the Hasselmus gas discovery
Draugen operator OKEA ASA and partners Petoro AS and Neptune Energy Norge AS have made the decision to develop the Hasselmus gas discovery. Hasselmus will be the first…
OKEA expects significant operational synergies and positive cash flow effects following reorganisation of operations at the Yme field
OKEA expects significant operational synergies and positive cash flow effects following reorganisation of operations at the Yme field
Repsol Norge AS (“Repsol”), as operator of the Yme licence, has on behalf of the license entered into agreements to take over day-to-day operations of the jack-up rig Mærsk…
Dry exploration well on the Ilder prospect (PL973) operated by Chrysaor
Dry exploration well on the Ilder prospect (PL973) operated by Chrysaor
Reference is made to OKEA press releases of 18[th] February and 23[rd] March. Drilling operations on the Ilder exploration well 15/12-26, operated by Chrysaor Norge AS, are…
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.