Okea News

 

GlobalData: 35% of Equinor's Total Oil and Gas Output Base to be Powered from Shore

Apr 22, 2021

Norwegian oil and gas firm Equinor is on track to have over 35% of its total oil and gas production base by 2025 powered from shore, GlobalData, a data and analytics company said Thursday, citing Equinor's active and upcoming electrification projects across the Norwegian Continental Shelf…

Chrysaor's First Operated Well Off Norway Disappoints

Mar 23, 2021

Chrysaor's first operated well offshore Norway has failed to unearth enough hydrocarbons to warrant development and will be plugged and abandoned.To remind, OKEA, Chrysaor's partner in the offshore license PL973, last week said that the well…

Chrysaor's First Operated Well Off Norway Shows Hydrocarbons Traces

Mar 17, 2021

UK oil and gas firm Chyrsaor has found hydrocarbon traces at the Jerv offshore exploration well; its first operated well in Norway.According to OKEA, Chysaor's partner in the offshore production license PL973 where the well is located, 'hydrocarbons…

Neptune Energy Starts Production from Gjøa P1 Project Off Norway

Feb 23, 2021

Oil and gas company Neptune Energy said Tuesday it had brought online the Gjøa P1 development in the Norwegian sector of the North Sea.Gjøa P1 has been developed via a new subsea template, tied back to existing infrastructure on the Gjøa field…

Chrysaor Spuds Its First Well Offshore Norway as Operator

Feb 18, 2021

Oil and gas company Chrysaor has spudded the Jerv exploration well in the North Sea, offshore Norway, OKEA, a partner in the production license PL973 where the well is located, said Thursday.Chrysaor started drilling at the well formally known as well 15/12-25 on Thursday…

Aker BP Man to Take Over as OKEA CEO

Feb 09, 2021

Norwegian oil and gas company OKEA said Tuesday it has appointed Svein J. Liknes as new CEO of OKEA.OKEA said that Erik Haugane (68) the founder and current CEO of OKEA  has been in discussion with the Board about his succession 'for some time'…

Norway Offers 61 Offshore Licenses to 30 Oil Firms

Jan 19, 2021

Norway's energy ministry on Tuesday offered 61 production licenses on the Norwegian continental shelf in the Award in Pre-Defined Areas 2020 (APA 2020) round to 31 oil companies.Minister of Petroleum and Energy, Tina Bru said the companies have…

Maersk Inspirer Rig Towed to Yme Offshore Field, OKEA Says

Jan 04, 2021

Maersk Drilling's Maersk Inspirer jack-up rig, converted to a production platform, has been towed to the Repsol-operated Yme oil field in the North Sea, offshore Norway, OKEA, a partner in the field said Monday.'OKEA ASA...is pleased to announce…

OKEA Names New VP Investor Relations

Nov 23, 2020

Norwegian oil and gas company OKEA has appointed Trond Omdal as new VP Investor Relations.'Mr Omdal has extensive experience from equity research and petroleum market analysis, management consulting and investment banking. He most recently worked…

OKEA Gets OK to Buy Equinor's Aurora Gas Find

Oct 15, 2020

Norwegian oil and gas company OKEA has received approval to acquire offshore blocks in the North Sea in Norway containing the Aurora gas discovery.OKEA announced the agreement to buy Equinor’s 40% operated working interest in PL195 and PL195 B…

OKEA Buys Into Calypso Prospect Near Draugen Field

Sep 25, 2020

Norwegian oil company OKEA will acquire an interest from Neptune Energy in an offshore block in Norway containing the Calypso prospect, with a potential of up to 37 million barrels of oil.OKEA will take a 30% working interest in the production license PL938…

Chrysaor Hires COSL Offshore Rig for Wells in Norway

Aug 19, 2020

Offshore drilling contractor COSL has signed a drilling rig contract with oil company Chrysaor, following a letter of intent signed more than a month ago.The contract is for the COSLInnovator semi-submersible drilling rig to be used for drilling of two wells in Norway next year…

Norway's Yme Field Start-up Could Face More Delays

Aug 14, 2020

Production start-up from Repsol-operated Yme oil field in the North Sea offshore Norway might be delayed further, Repsol's Polish partner Lotos said.First, Repsol had in February said that the start of production would be delayed until the second…

OKEA Restarts Production at Draugen Field after Maintenance

Jul 23, 2020

Norwegian oil company OKEA has restarted oil production from its Draugen field in the Norwegian sea following maintenance works that began a month ago.The work at the offshore oil field started on June 23 and ended July 20th, two days ahead of schedule…

OKEA Buys Aurora Discovery from Equinor. Eyes Gjøa Tie-in

Jul 15, 2020

Norwegian oil company OKEA has agreed to buy Equinor's stake in the Aurora gas discovery in the North Sea, offshore Norway for an undisclosed amount.OKEA will acquire Equinor’s 40% operated working interest in PL195 and PL195 B, which contain the Aurora discovery…

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