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An update from OKEA ASA ( (DE:3SX) ) is now available.
OKEA ASA has been awarded interests in three new production licences on the Norwegian continental shelf in the 2025 Awards in Pre-Defined Areas round, including one licence as operator, expanding its exploration portfolio to 21 licences. The new licences – PL 1305 as operator on the Nordland Ridge in the Norwegian Sea, and PL 1255 B and PL 1293 as partner near the Aurora discovery in the North Sea – reinforce OKEA’s strategy of pursuing near-field exploration and growth opportunities close to existing infrastructure, supporting its ambition to build a robust, full value-chain portfolio and strengthen its position among mid-life operators on the shelf.
More about OKEA ASA
OKEA ASA is a leading mid- and late-life oil and gas operator on the Norwegian continental shelf, focusing on creating value from assets where other companies divest. Listed on the Oslo Stock Exchange, the company targets growth, value creation and capital discipline through exploration, development and efficient operation of mature offshore fields and nearby prospects.
Average Trading Volume: 286,840
Current Market Cap: NOK2.28B
Learn more about 3SX stock on TipRanks’ Stock Analysis page.