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.
Industry Average
Mean score of companies in the Gas/Diesel Oil 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.
Industry Benchmark
Okea Asa's score of 24 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Okea Asa's reported carbon emissions
In 2023, Okea Asa reported total carbon emissions of approximately 4,634,000,100 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions accounted for about 394,163,000 kg CO2e, which includes 13,518,000 kg CO2e from fugitive emissions and 21,593,000 kg CO2e from stationary combustion. Scope 2 emissions were reported at approximately 1,007,000 kg CO2e (market-based), while Scope 3 emissions were significantly higher at about 4,631,201,000 kg CO2e, primarily driven by the use of sold products, which alone contributed approximately 3,847,973,000 kg CO2e. In previous years, Okea Asa's emissions have shown variability. For instance, in 2022, the company reported Scope 1 emissions of about 138,290,000 kg CO2e, Scope 2 emissions of approximately 1,172,000 kg CO2e, and Scope 3 emissions of about 52,086,000 kg CO2e. In 2021, the figures were 116,253,000 kg CO2e for Scope 1, 1,234,000 kg CO2e for Scope 2, and 25,218,000 kg CO2e for Scope 3. Despite the substantial emissions figures, Okea Asa has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded any emissions data from a parent organisation, and all reported figures are directly from Okea Asa. The absence of defined reduction targets suggests a need for further commitment to climate action within the industry context.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 193,754,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions 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 participating in any of the initiatives that 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.
