Vis børsmeldingen
The next milestones are for the new modules currently being fabricated to be
delivered from the yards and transported to the Danish Continental Shelf for
installation.
Taking first delivery from the yards
Today, the two jackets were confirmed safely installed on Tyra according to plan
after completing fabrication in the yard, Dragados Offshore S.A, in Spain. The
jackets form the foundation for the new Tyra process and accommodation platforms
and are the first new jacket structures delivered and installed for the Tyra
redevelopment project. The past year has mainly involved the safeguarding of the
wells and wellhead jackets, and the decommissioning and removal of the old Tyra
modules this summer.
The delivery and installation of the two new jackets is an important step
towards having a state-of-the-art production and export facility ensuring
efficient production and enhanced safety for decades to come. Looking ahead,
the remainder of the project will focus on yard fabrication and offshore
installations to rebuild the new Tyra. The wellhead and riser modules are
currently being built in Singapore, the accommodation module in Italy and the
process module in Indonesia.
Reducing emissions
The redeveloped Tyra hub will be a sophisticated production and export center
that will secure gas supply for many years ahead. Additionally, the
redevelopment will reduce emissions for the future of natural gas production on
the Danish Continental Shelf. With the use of new technology and modernized
working processes Tyra’s operating efficiency is expected to increase, and at
the same time reduce CO2 intensity by 30%. This is a key facet of Noreco and
DUC’s emissions-reducing activities, which also includes optimization of fuel
usage, reduction of flaring, simplification of existing infrastructure and
optimization of supply chain.
“The delivery and installation of these jackets is an important achievement for
the project and a true testament to our ability to consistently deliver in-line
with expectations, in both a safe and predictable manner. The milestone marks a
clear shift for the Tyra Redevelopment project, moving our focus onto completing
the new modules. Each milestone moves us toward a state-of-the-art facility in
the North Sea. The Tyra Redevelopment will not only improve safety and increase
Noreco’s production as well as operational efficiency, but also at the same time
lower CO2 emissions and unit costs,” said David B. Cook, Chief Executive Officer
for Noreco.
Facts:
·
Noreco is a North Sea E&P company and the second largest producer in Denmark
with a 36.8% ownership in The Danish Underground Consortium (“DUC”).
·
The DUC is a partnership between the operator Total (43.2%), Noreco (36.8%) and
Nordsøfonden (20%).
·
The Tyra Field is the largest gas condensate field in the Danish Sector of the
North Sea. Its facilities process more than 90% of the gas produced in Denmark,
as well as the entire gas production of the DUC.
·
Due to seabed subsidence, the Tyra field required a redevelopment, and in
September 2019 production was temporarily shut in.
· The Tyra Redevelopment consists of three main elements: Removal and
decommissioning of the prior Tyra platforms, reuse and 13 meters extension of
the current jackets at six platforms that will have new topsides and a totally
new process platform and a new accommodation platform. The project is, to date,
the largest project carried out on Danish Continental Shelf.
· When back in operation, Tyra will reach peak production of approximately
60,000 boepd.
Contact:
Cathrine Torgersen, EVP Investor Relations & Communications
Phone: +47 915 28 501
Email: ct@noreco.com
About Norwegian Energy Company ASA
Noreco is a publicly owned company with focus on the oil, gas and offshore
industry. The Company’s shares are listed on the Oslo Stock Exchange (ticker
NOR). For further information, please visit: www.noreco.com.
Kilde
