News
OKEA ASA - Fourth quarter 2024 financial results
(Trondheim, 30 January 2025) - OKEA ASA (OSE: OKEA) delivered operating income of NOK 2,262 (2,926) and EBITDA of NOK 1,645 (1,975) million in the fourth quarter of 2024. Total…
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Seeing the light from Aurora
Seeing the light from Aurora
Aurora is a perfect project for OKEA. It represents the core of our business model, namely development small and medium-sized fields and it is in an area where we already are present. It is one of several good projects we now have in our portfolio.
OKEA ASA – Company update
OKEA ASA – Company update
OKEA ASA – Company update
Turnaround on Draugen successfully completed ahead of schedule
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…
Working intensely with Hasselmus and power from shore
Working intensely with Hasselmus and power from shore
OKEA is now making every effort to start production from Hasselmus during 2023. This means that a plan for development and operation (PDO) must be submitted during the next year. At the same time, the work aimed at establishing power supply from shore is being stepped up. This is on the premise that both projects are profitable.
OKEA - Acquisition of Aurora discovery from Equinor
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 - Acquisition of Aurora discovery from Equinor
OKEA - Acquisition of Aurora discovery from Equinor
OKEA - Acquisition of Aurora discovery from Equinor
OKEA ASA second quarter results 2020
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 second quarter results 2020
OKEA ASA second quarter results 2020
OKEA ASA second quarter results 2020
OKEA ASA – Updated invitation to presentation of second quarter results 2020
OKEA ASA – Updated invitation to presentation of second quarter results 2020
OKEA ASA – Updated invitation to presentation of second quarter results 2020
OKEA ASA - Invitation to presentation of second quarter results 2020
OKEA ASA - Invitation to presentation of second quarter results 2020
OKEA ASA - Invitation to presentation of second quarter results 2020
OKEA ASA - Cancellation of summoned bondholders' meetings
OKEA ASA - Cancellation of summoned bondholders' meetings
OKEA ASA - Cancellation of summoned bondholders' meetings
Significant environmental gains, and saving millions
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.