News
OKEA ASA – Discovery confirmed in Mistral exploration well
(Trondheim, 4 March 2025) - OKEA ASA (OSE: OKEA) announces a discovery in the PL1119 Mistral exploration well 6406/6-7S located in the southern Norwegian sea.
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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.
OKEA ASA - Results from bondholders' meeting
OKEA ASA - Results from bondholders' meeting
OKEA ASA - Results from bondholders' meeting
OKEA ASA – Update on amendment process
OKEA ASA – Update on amendment process
OKEA ASA – Update on amendment process
A victory for OKEA and the entire industry
A victory for OKEA and the entire industry
The measures for the oil and gas industry, now approved by the Norwegian Parliament (Stortinget), represents a victory for OKEA, for equal treatment of companies operating on the Norwegian shelf, and for the entire industry. It constitutes an important contribution to increasing activity in the industry which is the objective of the Storting’s temporary changes to the taxation system for oil and gas companies.
OKEA ASA – Update on amendment process
OKEA ASA – Update on amendment process
OKEA ASA – Update on amendment process
OKEA ASA - Summons to bondholders' meeting
OKEA ASA - Summons to bondholders' meeting
OKEA ASA - Summons to bondholders' meeting
OKEA ASA - Financial and operational update
OKEA ASA - Financial and operational update
OKEA ASA - Financial and operational update
Draugen continues to be the driving force
Draugen continues to be the driving force
Draugen is undoubtedly the most important driving force in OKEA. The field produces approximately 20,000 barrels of oil and gas every day. Even in light of low oil prices and the coronavirus crisis, production is going at full speed.
OKEA ASA – first quarter results 2020
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.