Maersk Oil, partners to invest $3.4 B in North Sea gas field Tyra
12/1/2017
COPENHAGEN (Reuters) — Maersk Oil, part of Denmark's A. P. Moller-Maersk, and its partners in the Danish Underground Consortium (DUC) have decided to invest $3.36 B in redeveloping the Tyra gas field in the North Sea.
Photo courtesy of Maersk Oil. |
The investment, the largest ever in the Danish part of the North Sea, will enable Tyra to continue operations for at least 25 yr, and to deliver around 60,000 boed at its peak, Maersk Oil said.
France's Total agreed in August to buy Maersk's oil and gas business in a $7.45 B deal.
The other partners in DUC are Shell, Chevron and Denmark's state-owned Nordsofonden.
Reporting by Teis Jensen. Editing by Jane Merriman
Sign up to Receive Our Newsletter
- Gasum powers Equinor's platform supply vessel with bio-LNG
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- Brazil's fossil push undermines Lula's green ambitions
Comments