Rising from the Depths: Tyra Hub Production Back in Full Swing
TotalEnergies SE TTE has announced the revitalization of the Tyra hub in the Danish North Sea, marking the completion of an ambitious redevelopment project for this central operational node.
Boosting Capacity: Projected Production at the Rejuvenated Tyra Hub
The Tyra hub is poised to churn out an impressive 5.7 million cubic meters of gas and 22,000 barrels of condensate daily at a peak production rate.
Guardians of the Seas: TotalEnergies Leads the Charge
TotalEnergies spearheads operations at the Tyra field on behalf of the Danish Underground Consortium, a collaborative effort uniting TotalEnergies (43.2%), BlueNord (36.8%), and Nordsøfonden (20%) in a shared vision of harnessing the riches beneath the ocean’s surface.
Celebrating Success: A Testament to Teamwork and Innovation
Expressing his delight, Nicolas Terraz, President of Exploration & Production, remarked, “The triumph of this extensive redevelopment initiative is a testament to the unwavering dedication of our workforce, partners, and contracted entities. Leveraging cutting-edge digital solutions and technological advancements, the new Tyra facility is geared to operate with heightened efficiency and a remarkable 30% reduction in greenhouse gas emissions compared to its predecessor. Moreover, the resumption of gas production at Tyra stands poised to bolster Europe’s energy security.”
A Journey Through Time: Tyra’s Rich History
The fabled Tyra, dating back to its discovery in 1968 by Maersk Oil, has been a stalwart presence 225 kilometers off the western coast of Esbjerg, encapsulating a legacy of exploration and extraction.
In other news, TotalEnergies revealed securing over 1.5 GW of renewable Power Purchase Agreements (PPAs) with a prestigious lineup of 600+ industrial and commercial clients worldwide.
Looking Beyond: TotalEnergies’ Commitment to Green Initiatives
In a bid to further their environmental stewardship, TotalEnergies recently expanded their carbon capture efforts and joined the e-Natural Gas Coalition alongside industry behemoths, firmly solidifying their commitment to a sustainable future.
Price Action: TTE shares are trading higher by 0.28% at $68.21 premarket at the latest Friday check.
