Trym set to benefit from Tyra redevelopment in the Danish North Sea
Faroe Petroleum expects to benefit from the proposed redevelopment of the Maersk-operated Tyra production facilities in the Danish North Sea in 2019.
TheTrym field in the southern Norwegian North Sea, which Faroe operates, had been anticipated to come off stream in 2018.
Now it will likely remain in operation until the end of 2019 at which point production will be suspended, probably until 2022, when work on the new Tyra facilities is due to be completed.
Tyra is Denmark’s largest gas field and the facilities also act as the processing and export center for all gas produced by the Danish Underground Consortium, and more than 90% of Denmark’s gas production.