![]() ![]() Okea is headquartered in Trondheim, Norway. It operates with additional offices in Kristiansund, Bergen, Stavanger, and Oslo, Norway. Its assets production ownership interest comprises of Draugen, Gjoa, Ivar Aasen, and Yme. Okea has partnered with Seacrest Capital Group to develop a portfolio of oil production assets. It also develops discovered oil fields on the Norwegian continental shelf by applying affordable, modern, and practical solutions, among others. The company provides services such as oil and gas exploration, production, and development of oil and gas-producing properties across Norway. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033.Ībout Okea OKEA AS (Okea) is an explorer and developer of oil and gas. Although its hard to imagine that anything like those 50,000 jobs. The impact was felt in cities like Stavanger and particularly among international workers. Thats a massive number considering the countrys population is little more than five million. Both the Draugen field and the Hasselmus gas discovery are located in PL 093 in the south Norwegian Sea. From 2013 to 2016, its estimated that almost 50,000 oil and gas jobs in Norway were lost. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 6407/9P (PL 093) and 6407/12P (PL 176), with water depth of 971 feet. ![]() Production from Draugen The Draugen conventional oil field recovered 93.96% of its total recoverable reserves, with peak production in 2001. The Hasselmus field development will be the first tieback to the Draugen platform. Draugen is a producing conventional oil field located in shallow water in Norway and is operated by Okea. The gold standard of business intelligence.įield participation details The field is owned by M Vest Energy, Okea and Petoro. ![]()
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