- OKEA acquires a material portfolio of euro-petrole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euro-petrole.com Daily Mail and Mail on Sunday newspapers.
Norwegian late-life specialist OKEA will buy Wintershall Dea’s stakes in a trio of Norwegian fields, including operatorship of the Brage field, 76 miles west of Bergen.
OKEA delivered record financial results and strong operational performance in the fourth quarter. OKEA reported a net profit after tax of NOK 283 (97) million in the fourth quarter of 2021. Total operating income was NOK 1,725 (1,026) million, and EBITDA was NOK 1,258 (797) million.
OKEA has announced a trading update for the fourth quarter of 2021 with a production of 16,038 boepd, with high reliability at both Draugen and Gjøa. Total operating income was NOK 1,725 million. Production from the Yme field started in October with further commissioning of process systems and start-up of additional wells in January and February.