OKEA finds value where others divest
Growth, value creation and capital discipline
OKEA is a leading mid- to late-life operator on the Norwegian continental shelf
Latest from OKEA
OKEA ASA - Exercise of warrants
OKEA ASA - Exercise of warrants
(Trondheim, 3 October 2022) Reference is made to the warrants issued by the General Meeting on 23 February 2018 with a conversion price of NOK 17.90 per new share (the "Warrants").…
OKEA ASA - Mandatory notification of trade
OKEA ASA - Mandatory notification of trade
(Trondheim, 16 September 2022) OKEA ASA (OSE: OKEA): BCPR Pte. Ltd (a closely related party to Mike Fischer, board member in OKEA and Chaiwat Kovavisarach, chairman of the board of…
Capturing further value
OKEA is a leading mid- to-late-life operator on the Norwegian continental shelf, finding value where others divest. The company has an ambitious strategy built on growth, value creation and capital discipline.
Profitable growth
OKEA has a clear ambition to deliver competitive shareholder returns driven by solid growth, value creation and capital discipline and the strategy will be centred around three growth levers:
• actively pursue further value creation in current portfolio,
• pursuing mergers and acquisitions to add new legs to the portfolio, and
• considering organic projects either adjacent to existing hubs or pursuing new hubs, dependent on financial headroom and attractive risk-reward.
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.