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Monday, September 16, 2024

Denmark’s Tyra gas field aims for innovative revival in 2024

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A monumental event is on the horizon in the heart of the North Sea. Tyra, Denmark’s largest natural gas field operated by TotalEnergies, is poised for a major restart in March 2024. This revival, which follows a comprehensive redevelopment dubbed Tyra II, is not just about gas production. It is a pivotal moment marking Denmark’s return to energy independence and its emergence as a net gas exporter. Tyra’s story of rebirth is one of innovation, strategic partnerships and a bold vision for Denmark’s energy future.

Tyra’s new dawn

The redevelopment of the Tyra gas field, which was closed in 2019 for an ambitious overhaul, has been a beacon of engineering capability and strategic investment. The project was led by TotalEnergies under the Danish Underground Consortium (DUC), in collaboration with partners BlueNord ASA and Nordsofonden, and will replace old equipment on site and extend the platform’s legs, which will last more than 30 years. The necessary adaptations take place after extraction over a period of time, resulting in subsidence of the ocean floor. The Tyra II project is more than just a renovation. It is a transformation aimed at securing Denmark’s energy future. The stakes and expectations are high as first gas production is scheduled for his March 31, 2024 date and full technical capacity is expected to be reached within four months.

Implications for Denmark and beyond

Annual gas production from Tyra is expected to be 2.8 billion cubic meters, exceeding Denmark’s current gas consumption and representing a major change in the country’s energy landscape. This leap from dependence to self-sufficiency and even to net exporter status highlights the strategic importance of the Taira oil field. It’s not just a matter of numbers. It’s a story of resilience, forward thinking, and a commitment to sustainable energy solutions. Beyond national interests, Tyra’s return positions Denmark as a major player in the European energy market, with potential implications for regional energy security and sustainability efforts.

vision for the future

Tyra II’s journey from concept to near completion is a testament to the power of partnership and innovation. TotalEnergies has worked with BlueNord and Nordsofonden to overcome the challenges of redeveloping key energy assets, with an eye to both immediate impact and long-term benefits. BlueNord’s announcement of its distribution policy, which aims to distribute between 50% and 70% of its operating cash flow from 2024 to 2026, reflects confidence in Tyra’s successful restart and role in the Danish energy matrix. . The expectations are clear as sites prepare to reach a plateau in production by mid-2024. Tyra’s importance extends beyond its production capabilities. It has historically served as a central processing and export hub for over 90% of the gas produced in the Danish sector of the North Sea.

The redevelopment of Thira is a landmark chapter in the story of Denmark’s energy evolution. Completion of the project in 2024 will not only mark the return of Denmark’s largest gas field, but also usher in a new era of energy independence and leadership. Tyra is preparing to flow again, with the promise of sustainability, prosperity and a brighter energy future for Denmark and the rest of the world.





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