OKEA ASA - Second quarter 2024 financial results
(Trondheim, 17 July 2024) - OKEA ASA (OSE: OKEA) delivered operating income of NOK 2,584 (3,474) million and EBITDA of NOK 1,617 (2,159) million in the second quarter of 2024. An impairment charge of NOK 267 (158) million was recognised, comprising NOK 121 (247) million technical goodwill impairment of the Statfjord area and NOK 144 (reversal of 102) million impairment on the Yme asset. Cash and cash equivalents amounted to NOK 3,182 (2,130) million.(Amounts in parentheses refer to previous quarter) “I am very pleased that the strong performance, particularly from our operated assets, is