Lebanon offshore round tender invitation

The blocks open for bidding are Blocks 1, 2, 5, 8, and 10

OKEA picks ABB for automation on Draugen field

ABB and OKEA have entered into a framework agreement to provide automation on the offshore Draugen platform.

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OKEA looking to raise $100M via Oslo IPO

Norwegian oil and gas firm OKEA is planning to raise $100 million via an initial public offering and is going to ...

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OKEA secures Odfjell rig for Draugen wells

OKEA has secured Odfjell Drilling's rig Deepsea Nordkapp to drill for upside opportunities within and surrounding ...

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OKEA takes operatorship of license near Draugen field

Norwegian oil and gas company OKEA has taken over Shell’s 50% working interest and operatorship of production ...

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OKEA assumes Draugen operatorship

Norwegian oil and gas company OKEA has completed the acquisition of a package of Shell’s interests on the NCS.

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Okea gets consent to use Draugen platform

Norway's Petroleum Safety Authority (PSA) has given Okea consent to use the facilities on the Draugen field in the ...

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Norway OKs Shell's sale of Draugen and Gjøa field interests

The Norwegian authorities have given the green light for Shell's proposed sale of the licenses containing the ...

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UK's Chrysaor gets nod for Grevling stake buy

Norway's Ministry of Petroleum and Energy has approved Chrysaor's acquisition of a stake in the Grevling discovery ...

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OKEA's private placement attracts 'strong interest'

Norwegian oil operator OKEA has raised NOK 110 million ($13,5 million) through a private placement of 475,000 new ...

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Halliburton helping OKEA keep costs down

U.S. oilfield services giant Halliburton will provide Norwegian oil firm OKEA with its cloud and field development ...

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OKEA sells part of Grevling oil discovery to Chrysaor

Chrysaor, a private UK-based oil company has acquired a stake in Grevling oil discovery in the Norwegian sector of ...

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Norway to award 75 offshore blocks to 34 firms

Norway is set to award 75 new production licenses in the North Sea, Norwegian Sea, and the Barents Sea to 34 companies.

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Report: Ill-fated Yme field could start producing in 2019

Following years of delays and several set and missed start-up dates at Norway’s Yme field, there is now ...

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OKEA hires Ridge for well management

OKEA, a recently established Norwegian oil and gas company, has awarded a frame agreement to Ridge AS for well ...

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Wintershall sheds Yme stake

Wintershall Norge has signed a sales agreement with the Norwegian oil company Okea to sell its 10% share in the Yme ...

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AGR to support OKEA operations offshore Norway

AGR, a well construction and engineering project management, reservoir and field management service company, has ...

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Norway: Another chance for Yme field?

Okea, a recently established Norwegian oil and gas company, is reportedly buying the troubled Yme oil and gas field ...

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Seacrest to invest $200M in new oil and gas company in Norway

Seacrest, an investment company, has agreed to invest in a new oil and gas development and production company in ...

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