Okea ASA is a leading independent oil and gas company operating as a full-scale operator on the Norwegian Continental Shelf. Specializing in maximizing value from mid- and late-life assets, it focuses... Okea ASA is a leading independent oil and gas company operating as a full-scale operator on the Norwegian Continental Shelf. Specializing in maximizing value from mid- and late-life assets, it focuses on the development and production of oil and gas from mature fields such as Draugen, which it operates, along with non-operated positions in Gjoa, Ivar Aasen, and others. The majority of its revenue derives from crude oil sales, with operations spanning the North Sea and Norwegian Sea to extend asset lifetimes through efficient resource development tied to existing infrastructure. Headquartered in Trondheim, Norway, since its incorporation in 2015, Okea ASA employs 488 staff across offices in Kristiansund, Bergen, Stavanger, and Oslo. Led by CEO Svein J. Liknes, the company emphasizes a flat organizational structure, the 'One Team' philosophy, and core values of openness, engagement, responsibility, and ambition. In the energy sector's oil and gas exploration and production industry, Okea ASA plays a key role by revitalizing assets others divest, enhancing production efficiency, and pursuing exploration near established facilities while prioritizing health, safety, environment, and quality (HSEQ). Its diversified portfolio supports sustained hydrocarbon output, contributing to Norway's offshore energy landscape.
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