Maersk’s Tyra field redevelopment secures Danish gas supply
The country’s main gas-producing field is to get a costly makeover, extending the life of North Sea developments
Approval of the $3.33bn redevelopment of the ageing Tyra field, operated by Maersk Oil offshore Denmark, is one more indication that the countries bordering the North Sea aren't going to give up on flagship assets that have served them well in the past without a fight, and a belief that European gas demand will support them over the coming decades. Tyra provides around 90% of Denmark's domestic gas supply so the extensive redevelopment required to keep it in working order is deemed worth the effort to ensure Denmark's energy security at a time when European gas demand is starting to pick up. The redevelopment has attracted a raft of financial incentives, recently approved by the Danish parli
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
