News

OKEA ASA - First quarter 2025 financial results
(Trondheim, 29 April 2025) - OKEA ASA (OSE: OKEA) delivered operating income of USD 271 (205) and EBITDA of USD 183 (149) million in the first quarter of 2025. Total liquidity…
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New composition of the Board of Directors in OKEA
New composition of the Board of Directors in OKEA
The EGM held 5thof April in Trondheim approved a new composition in the Board of Directors in OKEA. The Board of Directors in OKEA now consists of: Chaiwat Kovavisarach,…

EGM in OKEA AS 5th of April 2019
EGM in OKEA AS 5th of April 2019
There will be an Extraordinary General Meeting for OKEA in Trondheim Friday 5th of April.

Annual Statement of Reserves and Resources 2018
Annual Statement of Reserves and Resources 2018
Annual Statement of Reserves and Resources 2018

Publication of 2018 reports
Publication of 2018 reports
2018 Annual Report and Annual Statement of Reserves are now available to download. Download Annual report 2018 Download Annual Statement of Reserves and Resources 2018…

OKEA farms into exploration license east of Draugen
OKEA farms into exploration license east of Draugen
OKEA AS has taken over Shell’s 50% working interest and operatorship on Production License (PL) 958. PL958 is located on the Trøndelag Platform, 10 km east of the…

OKEA has launched a renewed website with updated design and functionality
OKEA has launched a renewed website with updated design and functionality
The ambition has been to create a website that best reflects OKEA’s operations, organization and activities. Moving forward, OKEA.no will be the primary source for all…

Andrew McCann appointed SVP Subsurface for OKEA
Andrew McCann appointed SVP Subsurface for OKEA
OKEA AS have appointed Andrew McCann in a newly-established position as Senior Vice President for Subsurface, with responsibility for exploration and appraisal activities and all…

Financial Statements Q4 2018
Financial Statements Q4 2018
Total operating income for the fourth quarter 2018 was NOK 145.9 million, compared to NOK 17.6 million in the same period last year. Profit from operating activities was NOK 5.8…

OKEA to invest NOK 568 million in Gjøa P1 project.
OKEA to invest NOK 568 million in Gjøa P1 project.
The Gjøa license operator, Neptune Energy Norge, has today submitted development plans for the P1 project. This is a re-development of the P1 segment of the Gjøa…

A good start for OKEA after takeover as operator on the Draugen field
A good start for OKEA after takeover as operator on the Draugen field
After the most efficient transition seen on the Norwegian shelf, OKEA took over Draugen on December 1, 2018. In addition to the operatorship of Draugen, OKEA also took over a…