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 80% 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 significant carbon emissions, totalling approximately 4,631,201,000 kg CO2e. This figure includes 394,163,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 1,007,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Notably, Scope 3 emissions accounted for a staggering 4,632,001,000 kg CO2e, primarily driven by the use of sold products, which alone contributed approximately 3,847,973,000 kg CO2e. Over the years, Okea has demonstrated a fluctuating emissions profile. In 2022, total emissions were about 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 disclosed specific reduction targets or initiatives, indicating a lack of formal commitments to emissions reduction strategies at this time. Okea Asa's emissions data reflects the challenges faced by the oil and gas sector in managing carbon footprints, particularly in light of increasing scrutiny over environmental impacts. The absence of defined reduction targets suggests that Okea may need to enhance its climate commitments to align with industry standards and stakeholder expectations.
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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 | 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
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.
