OKEA has completed the Statfjord transaction with Equinor. Reference is made to the stock exch...
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LIME PETROLEUM TO ACQUIRE INTEREST IN BRASSE FIELD, NORWAY
Lime will acquire 10.7212 per cent interest from DNO Norge AS and 6.2788 per cent interest fro...
OIL DISCOVERY FOR OKEA NEAR THE BRAGE FIELD IN THE NORTH SEA
Brage is a field in the northern part of the North Sea, ten kilometres east of the Oseberg fi...
OKEA ANNOUNCES FIRST GAS FROM HASSELMUS
Production from the Hasselmus gas discovery commenced on 1 October 2023. As a subsea tie-back...
EQUINOR ANNOUNCE PRODUCTION START FOR STATFJORD ØST PROJECT
Equinor and its partners expect to increase production by 26 million barrels of oil equivalents f...
THE BRASSE PROJECT CONTINUES WITH OKEA AS OPERATOR
The partners in the Brasse license have agreed on a fast-track development concept for the oi...
OKEA ACQUIRES 28% W.I. IN PL037 (STATFJORD AREA) FROM EQUINOR
Image source: Equinor OKEA has entered into an agreement with Equinor to acquire 28% worki...
AKER SOLUTIONS SIGNS DRAUGEN ELECTRIFICATION CONTRACT
Following the Letter of Intent announced on December 15, 2022, Aker Solutions confirms it has now...
OKEA ANNOUNCES FOURTH QUARTER 2022 FINANCIAL RESULTS
OKEA reported total operating income of NOK 1,664 (2,143) million and EBITDA of NOK 1,086 (1,...
OKEA ENTERS INTO THE BRASSE LICENSE
OKEA and DNO Norge have signed an SPA through which OKEA enters into the Brasse license (PL740) w...
NEPTUNE ENERGY CONFIRMS NEW NORWEGIAN SEA DISCOVERY
Neptune Energy and its licence partners today announced a new discovery at the Calypso exploratio...
NEPTUNE ENERGY SPUDS CALYPSO EXPLORATION WELL IN THE NORWEGIAN SEA
Neptune Energy has commenced drilling the Calypso exploration well in the Norwegian Sea. The e...
WINTERSHALL REPORTS DRY WELL AT BRAGE SOUTH
Wintershall Dea has today confirmed that no hydrocarbons were found in the Brage South exploratio...
CASE STUDY: OKEA’S DRAUGEN FIELD, NORWEGIAN SEA
Ole Tom Furu, Senior Sales Manager and Petter Eriksen, Senior Project Manager, both based at Pros...
OKEA ACQUIRES A PORTFOLIO OF ASSETS FROM WINTERSHALL DEA
OKEA has entered into an agreement with Wintershall Dea Norge to acquire a material portfolio of ...
NEPTUNE ENERGY DISCOVERS HYDROCARBONS AT HAMLET WELL
Neptune Energy and its partners today announced hydrocarbons were encountered at the Hamlet explo...
AKER SECURES 7-YEAR EXTENSION AGREEMENT WITH OKEA
Aker Solutions has been awarded a substantial (being between NOK 700 million and NOK 1.2 bill...
LONGBOAT ANNOUNCES SPUD OF GINNY & HERMINE EXPLORATION WELL
Longboat Energy, the emerging full-cycle North Sea E&P company with a portfolio of significan...
NEPTUNE DIVESTS PORTFOLIO OF NON-CORE ASSETS IN NORWAY
Neptune Energy today announced that it has signed Sale and Purchase agreements with OKEA ASA and ...
EQUINOR SECURES DRILLING PERMIT FOR WELL 6407/9-13
The Norwegian Petroleum Directorate has issued a drilling permit to Equinor Energy AS for well 64...
OKEA DECIDES TO HALT FURTHER DEVELOPMENT OF VETTE DISCOVERY
OKEA, as operator of the Vette licence (40% Working Interest (WI)), has decided&nb...
OKEA REPORTS SECOND QUARTER 2021 RESULTS
OKEA this week reported second quarter of 2021 results. Operating income for the second quarte...
CCB SUBSEA AWARDED 5 YEAR AGREEMENT WITH OKEA
OKEA has awarded a 5 year agreement with CCB Subsea as the service provider for overhaul and refu...
OKEA TO BENEFIT FROM REORGANISATION OF OPERATIONS AT THE YME FIELD
Repsol Norge AS (“Repsol”), as operator of the Yme licence, has on behalf of the ...
OKEA AND PARTNERS REPORT DRY EXPLORATION WELL ON THE ILDER PROSPECT
Drilling operations on the Ilder exploration well 15/12-26, operated by Chrysaor Norge AS, are no...
OKEA SIGNS RIG FRAME AGREEMENT WITH COSL DRILLING EUROPE
Image source: OKEA OKEA ASA has awarded a four-year frame contract to COSL Drilling Europe...
OKEA ENCOUNTERS HYDROCARBONS IN THE JERV EXPLORATION WELL IN PL973
Hydrocarbons have been observed from logs and cuttings on entering the reservoir in the Chrysaor-...
OKEA DELIVERED NET PROFIT OF NOK 182 MILLION IN 4Q 2020
OKEA operating income for the fourth quarter amounted to NOK 584 million, EBITDA was NOK 229 mill...
APA 2020: OKEA AWARDED SIX LICENCES WITH FOUR OPERATORSHIPS
OKEA ASA has been awarded six new production licences on the Norwegian Continental Shelf by the M...
OKEA UPDATE ON YME NEW DEVELOPMENT PROJECT
OKEA today announced that the onshore work on the production unit for the Yme field – the M...
OKEA ACQUIRES REPSOL'S INTEREST IN VETTE DISCOVERY
OKEA ASA has signed a Sales and Purchase Agreement (SPA) with Repsol Norge for the acquisition of...
OKEA CONFIRMS ACQUISITION OF THE AURORA DISCOVERY FROM EQUINOR
OKEA confirms acquisition of the Aurora discovery from Equinor OKEA announced today that the Min...
OKEA PROVIDES UPDATE ON YME NEW DEVELOPMENT PROJECT
On October 7, the Norwegian Government published the Proposed National Budget which includes an u...
OKEA ANNOUNCES ACQUISITION INTO THE CALYPSO PROSPECT NEAR DRAUGEN
OKEA has signed a Sales and Purchase Agreement (SPA) with Neptune Energy Norge for the acquisitio...
OKEA ANNOUNCES ACQUISITION OF AURORA DISCOVERY FROM EQUINOR
OKEA ASA has signed a Sales and Purchase Agreement (SPA) with Equinor Energy AS (“Equinor&r...
OKEA PROVIDES FINANCIAL AND OPERATIONAL UPDATE
In an effort to contribute to a faster stabilization of the oil and gas industry following the de...
NOVA MODULE READY FOR SAIL AWAY TO NEPTUNE ENERGY’S GJØA PLATFORM
Neptune Energy has announced the load out of the 740-tonne topside module for the Nova brownfield...
OKEA PROVIDES OPERATIONAL AND FINANCIAL UPDATE
The industry is in the midst of an unprecedented combination of a global pandemic coupled with a ...
KNUT GJERTSEN JOINS OKEA AS SVP PROJECT AND TECHNOLOGY
Knut Gjertsen has been appointed as SVP Project and Technology in OKEA. Knut comes from the po...
FIVE LICENSES AWARDED TO OKEA IN APA 2019
OKEA ASA has been awarded 5 new licenses on the Norwegian Continental Shelf by the Ministry of Pe...
OKEA COMPLETES DELINEATION OF THE DRAUGEN FIELD IN THE NORWEGIAN SEA
OKEA ASA, operator of production licence 093 D, has now completed drilling of appraisal well 6407...
OKEA ANNOUNCES RESULT OF DRAUGEN WELL INFILL Ø 6407/9-11
OKEA has now completed drilling of the reservoir section of the Infill Ø well (6407/9-11) ...
OKEA BEGINS DRAUGEN DRILLING CAMPAIGN
OKEA ASA will today start the Draugen drilling campaign for the appraisal wells Infill Ø (...
OKEA TO TARGET FURTHER UPSIDE POTENTIAL WITHIN AND SURROUNDING THE DRAUGEN FIELD
OKEA has on behalf of PL093, secured the semi-submersible rig Deepsea Nordkapp to drill for upsid...
NEPTUNE ENERGY SUBMITS DEVELOPMENT PLANS FOR DUVA AND GJØA P1
Neptune Energy has today submitted development plans for the Duva (PL636) and Gjøa P1 (PL1...
VIGO ADVISES SEACREST CAPITAL GROUP AND PORTFOLIO COMPANY OKEA ON $566 MILLIO...
Vigo has advised Seacrest Capital, a leading independent energy investor specialising in offs...
OKEA AWARDS HALLIBURTON FIELD ASSESSMENT AND WELL CONSTRUCTION SERVICES AGREE...
Well Construction Services Agreement to implement a digital approach to sub-surface studies and i...
SHELL TO SELL DRAUGEN AND GJØA INTERESTS TO OKEA AS
Royal Dutch Shell plc, through its affiliate A/S Norske Shell, has reached an agreement with OKEA...