Turnaround on Draugen successfully completed ahead of schedule
Production on Draugen is started after a successfully completed turnaround. The work started on June 23, according to plan and ended July 20th, two days ahead of schedule. The…
OKEA - Acquisition of Aurora discovery from Equinor
Trondheim, 15 July - OKEA ASA (“OKEA” or the “Company”) is pleased to announce that the company has signed a Sales and Purchase Agreement (SPA) with Equinor Energy AS…
OKEA ASA second quarter results 2020
The first half of 2020 has been challenging for the entire oil industry due to the combination of the Covid-19 pandemic coupled with a dramatic fall in petroleum prices. OKEA’s…
OKEA ASA – first quarter results 2020
OKEA delivered yet another quarter with no serious incidents nor leaks for its operated asset, Draugen. Strong operational performance combined with high production regularity resulted in a total net production of 19 099 (19 498) boepd in the quarter.
Webcast Q1 2020 presentation
Webcast from todays first quarter presentation is available via the link below
OKEA ASA – Annual reports 2019
OKEA ASA (“OKEA” or the “company”) has today published the Annual Report for 2019, the 2019 Corporate Social Responsibility and Sustainability Report and the Annual Statement of Reserves and Resources for 2019.
OKEA ASA fourth quarter results
The fourth quarter marks OKEA’s first year as a production operator on the Norwegian Continental Shelf (NCS). 2019 was a year with strong operational performance and a total net production of 18 663 boepd, high production regularity, safe and efficient completion of the first operated drilling campaign, zero serious safety incidents and tangible results from projects aiming to further realise Draugen’s potential.
OKEA ASA Webcast Q4 2019
Webcast from todays Q4 2019 presentation is available here: https://channel.royalcast.com/webcast/hegnarmedia/20200213_8/
Five licences awarded to OKEA in APA 2019
OKEA ASA has been awarded 5 new licences on the Norwegian Continental Shelf by the Ministry of Petroleum and Energy under the Award in Pre-Defined Areas (APA) for 2019, strengthening the company’s position around the important Draugen and Grevling production and development hubs in the Norwegian Sea and North Sea, respectively.