OKEA ASA operates as an independent exploration and production (E&P) company exclusively focused on the Norwegian Continental Shelf. The company's strategy centers on extending the operational life of mature fields, pursuing near-field exploration opportunities, and optimizing existing infrastructure. Its portfolio includes operated and non-operated interests in producing assets such as the Draugen, Gjøa, Ivar Aasen, Yme, Brage, and Statfjord fields. OKEA generates revenue primarily through the sale of crude oil and natural gas into the European energy market. Headquartered in Trondheim, Norway, the company leverages its specialized expertise to acquire and redevelop assets that larger operators divest.
