OKEA is an enabler for the continued development of the Norwegian continental shelf.
For OKEA Exploration, targeting organic growth and value creation to offset the production decline is a key strategic element.
OKEA harvests from a broad portfolio of exploration opportunities:
Through smart pilot drilling, we are testing untapped potential within reach of the host platforms. In our core areas, we target the best prospects to tie in to infrastructure with OKEA equity. Beyond our core, OKEA seeks value creation from underexplored growth targets with a realistic way to value, to high-impact opportunities that might contribute to the longevity of the shelf.
Through disciplined exploration and strong partnerships, we continue to develop the Norwegian continental shelf.
Link to the OKEA licence overview from the Norwegian Offshore Directorate.
