OSLO, Norway, March 16, 2022 /PRNewswire/ -- Norwegian
Energy Company ASA ("Noreco" or the "Company") is pleased to
announce the successful sail away of the new Tyra II utility- and
living quarters (the "accommodation unit" or the "TEH") from
Ravenna, Italy.
The accommodation unit was fabricated at the Piomboni yard by
EPC contractor Rosetti Marino and
TotalEnergies, and Heerema Marine Contractors' Barge H-408 will
safely sail the 5,400 tons unit to the Tyra field in the Danish
North Sea. The utility- and living quarters unit is 32.5 meters
tall and has seven levels, including a helideck, and an area of
3,500 m2. In addition to housing offshore crew, the unit also has a
state-of-the-art control room, a water system turning sea water
into drinking water and all fire water and emergency power for Tyra
II will be run from the unit.
Upon arrival at the Tyra field, the accommodation unit will be
installed by the world's largest crane vessel, Sleipnir. The sail
away is an important Tyra Redevelopment milestone and it
significantly progresses the project towards first gas from Tyra II
next year.
"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: ct@noreco.com
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