Okea’s operations centre is in Kristiansund
Okea to look at M&A options
The Norwegian producer will launch a strategic review to include inorganic growth options
Norway’s Okea, which focuses on smaller fields on the Norwegian continental shelf (NCS), has initiated a strategic review to “position the firm for its next growth phase”. “That will obviously contain both organic and inorganic growth opportunities,” says the firm’s CEO, Svein Liknes. The strategy will focus on both long- and short-term value creation. “We are obviously in the same market as everyone else,” Liknes continues. “What is important, though, is that our M&A strategy will be based on the strategy refresh that we are planning in August. “That will position Okea for the future in the longer term and the M&A strategy will be a product of that. We obviously want to use our posi
Also in this section
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
