OKEA Posts High in Net Production
The production was largely driven by Statfjord area activities, OKEA said.
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The production was largely driven by Statfjord area activities, OKEA said.
OKEA ASA is finally completing its acquisition of a 28 percent working interest in PL037 from Equinor Energy AS after postponing the original target comple...
Norwegian oil and gas company OKEA has completed the acquisition of a 28% working interest in PL037 (Statfjord Area) from Equinor.
Equinor ASA is boosting its stake in the Linnorm discovery in the Norwegian Sea by acquiring Shell plc's 30 percent equity in PL 255.
OKEA received updated information that indicated a reduction in 2P and 2C volumes of 10 to 15 percent over the lifetime of the acquired assets.