Maersk Oil is an international oil and gas company with a track record spanning more than 40 years. The company produces oil from the Danish and UK sections of the North Sea, Qatar, Algeria and Kazakhstan.
Read more at maerskoil.com
Maersk Oil and its partners are investing DKK 4.5 billion in the Tyra Southeast expansion, which will increase production.
It is one of a number of developments coming on stream, including Johan Sverdrup offshore Norway and the Culzean gas field in the UK North Sea. Maersk Oil started production last year at Golden Eagle in the North Sea and Jack in the US Gulf of Mexico.
The new platform 220 kilometres off Denmark’s west coast will produce a mixture of oil and gas. It is expected to deliver about 20 million barrels of oil and 170 billion standard cubic feet of gas – combined reserves and resources of 50 million barrels of oil equivalent (boe) – with peak production in 2017 of 20,000 boe per day.