Profitable growth on the Norwegian shelf - developing our common resources efficiently.

The leading company in the development and operation of smaller fields.

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Stories

Significant environmental gains, and saving millions

OKEA has found a solution for the Draugen field which removes large quantities of hydrogen sulphide in the production stream. The solution entails a reduction in discharges of chemicals, less cleaning of hydrocyclones, less oil content in the produced water and a reduced need for modifications. This can yield annual savings of between NOK 8 million and 12 million.

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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.