Disputed oil company secures extra credit for Tyra

Norwegian oil company Noreco has secured an amended credit agreement establishing an improved basis for its engagement in the Danish North Sea's Tyra field.
Photo: Total
Photo: Total
BY MATHIAS JULIUS FALKENGAARD

Norwegian oil company Noreco has negotiated a revised agreement for its Reserve Based Lending (RBL) facility, valued around USD 900 million, the firm informs in a stock exchange notice Monday.

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