Successful Sail Away of Tyra Utility- and Living Quarters

"We are very proud to announce the completion- and sail away of the accommodation unit for Tyra II. Rosetti and TotalEnergies have fabricated what will be a modern and high-tech home away from home for the offshore crew and have also shown a strong performance by delivering high degree of completion with minimum carry-over and with zero accidents," said Marianne Eide, EVP Upstream in Noreco. "We are very proud to announce the completion- and sail away of the accommodation unit for Tyra II...

"We are very proud to announce the completion- and sail away of the accommodation unit for Tyra II. Rosetti and TotalEnergies have fabricated what will be a modern and high-tech home away from home for the offshore crew and have also shown a strong performance by delivering high degree of completion with minimum carry-over and with zero accidents," said Marianne Eide, EVP Upstream in Noreco.

"The completion and sail-away of TEH is a key milestone as the DUC gets closer to a near-doubling of production with Tyra onstream from Q2 2023.  The resulting cashflow generation, which will enable a material and robust profile of shareholder returns, will be a game changer for Noreco and our priority remains returning capital to shareholders.  At the same time, we also recognise our broader role in providing affordable access to a reliable source of energy at a time when security of supply is critical.  With Tyra on stream, the need for imported natural gas to Denmark will be significantly reduced.  The reinvigorated facilities also provide modern infrastructure that will unlock the further development of the DUC's material discovered resource portfolio at a substantially lower emissions intensity. Tyra is a first step in unlocking a valuable and strategically important future for the DUC," said Euan Shirlaw, Acting Managing Director & CFO in Noreco

For more information about Tyra II, please visit https://tyra2.dk/en/ 

Contact:
Cathrine Torgersen, EVP ESG & Investor Relations
Phone: +47 915 28 501
Email: [email protected]

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https://news.cision.com/noreco/r/successful-sail-away-of-tyra-utility--and-living-quarters,c3525923