EuropeOffshore

Maersk Oil likely to close down Denmark’s largest gas field by 2018

Maersk Oil continues to slash its European field development plans. The Danish firm announced today that production from Tyra East and Tyra West in the Danish North Sea will cease on October 1 2018, if an economically viable solution for continued operations is not identified during 2016.

“The Tyra facilities are approaching the end of their operational life due to a combination of more than 30 years of production and subsidence of the underground chalk reservoir, reducing the gap between the facilities and the sea,” Maersk Oil said in a release.

Tyra is Denmark’s largest gas field and the facilities are the processing and export centre for all gas produced by the Danish Underground Consortium (DUC). More than 90% of Denmark’s gas production is processed through the facilities.

The Tyra field is operated by Maersk Oil on behalf of the DUC, a partnership between A.P. Moller – Maersk (31.2%), Shell (36.8%), Nordsøfonden (20%) and Chevron (12.0%).

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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