Maersk Oil: We will now shut down Tyra

Maersk Group sets the stage for a permanent shutdown of the Tyra field, as the company has been unable to reach agreement with the Danish government for better framework conditions. However, Maersk is not completely ruling out the possibility of a resolution.

Photo: Finn Frandsen, Polfoto

Maersk Oil and the Danish government have been unable to reach agreement concerning a solution for the large Tyra gas field, and for this reason, the company has issued a statement proposing to shut down the field on Oct. 1 2018.

"We have not yet found an economically viable solution for full recovery of the remaining resources in the Tyra field, and safe decommissioning of Tyra will therefore be commenced with the perspective of ceasing production on 1 October 2018," says Martin Rune Pedersen, COO of Maersk Oil, in a press release.

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