Public Profile

Okea Asa

Okea ASA, headquartered in Norway, is a prominent player in the oil and gas industry, focusing on the exploration and production of hydrocarbons. Established in 2015, the company has rapidly expanded its operations across the Norwegian Continental Shelf, positioning itself as a key contributor to the region's energy sector. Okea ASA is renowned for its innovative approach to mature field development, offering unique solutions that enhance recovery rates and optimise production efficiency. The company’s portfolio includes a range of assets, with a strong emphasis on sustainability and environmental responsibility. With a commitment to operational excellence, Okea ASA has achieved significant milestones, including successful project completions and strategic partnerships. As a growing entity in the energy market, Okea ASA continues to strengthen its market position through its dedication to technological advancement and resource management.

DitchCarbon Score

How does Okea Asa's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

27

Industry Average

Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

0

Industry Benchmark

Okea Asa's score of 27 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

Okea Asa's reported carbon emissions

In 2023, Okea Asa reported significant carbon emissions, totalling approximately 4,631,201,000 kg CO2e. This figure includes 394,163,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 1,007,000 kg CO2e from Scope 2 emissions. The majority of their emissions, about 4,236,038,000 kg CO2e, fall under Scope 3, which encompasses various categories such as capital goods and the use of sold products. Over the years, Okea Asa's emissions have fluctuated. In 2022, their total emissions were around 138,290,000 kg CO2e for Scope 1, 1,172,000 kg CO2e for Scope 2, and 52,086,000 kg CO2e for Scope 3. The company has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Okea Asa operates within the mineral fuels and oils sector, where emissions intensity is a critical metric. Their reported gross operated GHG intensity for 2023 was approximately 0.0377 kg CO2e per barrel of oil equivalent (boe). The company continues to navigate the complexities of carbon emissions while engaging in industry-standard climate practices.

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Add to project
20192020202120222023
Scope 1
193,754,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
3,645,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
98,000,000
00,000,000
00,000,000
00,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Okea Asa's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Okea Asa is headquartered in NO, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Okea Asa is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers