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Maersk to close Denmark’s largest gas production field

Maersk said the country's largest natural gas field is to close next year.

Maersk to close Denmark’s largest gas production field


Danish conglomerate Maersk Group reported on December 30, 2016,  the country's largest natural gas field is to close next year because the Tyra facilities in the North Sea «are approaching the end of their operational life».

 

The Tyra field, which accounts for 90 % of Denmark’s production of natural gas, has been in operation since 1984 and the facilities are approaching the end of their operational life.

Maersk Oil's executive Martin Rune Pedersen said the company «cannot safely continue production» despite reinforcements made over the past 15 years.

 

Maersk Oil has not been able to agree with the Danish state on fiscal terms, including tax allowances, in connection with necessary investments in the reconstruction work of the old facilities.

The field’s 2 main centres are the Tyra West and Tyra East platforms, which are linked to a number of unmanned satellites.

Tyra operated by Maersk Oil on behalf of the Danish Underground Consortium, a partnership between A.P. Moller – Maersk (31.2%), Shell (36.8%), Nordsøfonden (20%) and Chevron (12%).

Source : Neftegaz.RU


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