OKEA has decided not to develop the Vette discovery further due to the project’s insufficient financial robustness. : Norwegian oil company OKEA will propose not to develop the Vette discovery further to the license partners due to the project’s insufficient financial robustness. OKEA, which is the operator of the Vette license offshore Norway, that the move would also affect the development of Grevling/Storskrymten discoveries. To remind, the company bought Repsol’s 40 percent operated working interest in PL 972 which includes the Vette oil discovery in January 2021.