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
OKEA delivered net profit of NOK 200 million in the second quarter of 2021
OKEA delivered net profit of NOK 200 million in the second quarter of 2021
Operating income for the second quarter of 2021 amounted to NOK 607 million. EBITDA was NOK 311 million, and net profit after tax was NOK 200 million. Reversal of previous…
OKEA ASA – Invitation to presentation of second quarter results 2021
OKEA ASA – Invitation to presentation of second quarter results 2021
OKEA ASA will release its second quarter results on Wednesday 14 July at 07:00 CET. A presentation of the results will be held on the same day through a webcast…
OKEA ASA – Occurrence of Put Option Event
OKEA ASA – Occurrence of Put Option Event
Trondheim 5 July 2021 – OKEA ASA has informed Nordic Trustee AS that an Extraordinary Put Event (the occurrence of 30 June 2021) and consequently also…
OKEA has awarded contracts for the Hasselmus project to Subsea Integration Alliance and Aker Solutions
OKEA has awarded contracts for the Hasselmus project to Subsea Integration Alliance and Aker Solutions
OKEA has July 1st awarded contracts for the Hasselmus project to Subsea Integration Alliance for the subsea pipelines and production systems and to Aker Solutions for the…
Our 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.