TotalEnergies SE Restarts Gas Production at Tyra Hub in Danish North Sea
TotalEnergies SE, formerly known as Total, has announced the restart of the Tyra hub in the Danish North Sea after completing a redevelopment project for the hub. The Tyra hub is expected to produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day at a plateau.
TotalEnergies operates the Tyra field on behalf of the Danish Underground Consortium, a partnership between TotalEnergies (43.2%), BlueNord (36.8%), and Nordsøfonden (20%). Nicolas Terraz, President of Exploration & Production at TotalEnergies, stated, “The success of this major redevelopment project owes a lot to the commitment of our teams, our partners, and our contractors. The new Tyra leverages state-of-the-art digital solutions and technological innovations to produce more efficiently and with 30% lower greenhouse gas emissions than the former facilities. Importantly, the resumption of gas production from Tyra improves Europe’s security of supply.”
Tyra was discovered in 1968 by Maersk Oil and is located 225 kilometers west of the coast of Esbjerg. In addition to the restart of the Tyra hub, TotalEnergies also announced that it has reached over 1.5 GW of renewable Power Purchase Agreements (PPAs) with over 600 industrial and commercial clients globally.
TotalEnergies continues to make strides in the energy sector, expanding its reach in renewable energy and carbon capture initiatives. The company’s commitment to sustainability and innovation is evident in its efforts to reduce greenhouse gas emissions and improve energy efficiency.
In terms of stock performance, TotalEnergies shares are trading higher by 0.28% at $68.21 premarket on the last check Friday. Investors and industry analysts will be keeping a close eye on TotalEnergies as it continues to make advancements in the energy sector and contribute to a more sustainable future.
