BlueNord: Update on Tyra Redevelopment Project

Oslo, 29 April 2024: Reference is made to stock exchange notice published on 18 April 2024 by BlueNord ASA (“BlueNord” or the “Company”) related to the operational occurrence with the IP compressor temporarily impacting the commissioning of the new Tyra facilities during the ramp-up and testing period. Continued efforts and investigations are ongoing, however, the export volumes from Tyra II are expected to be impacted for the month of May 2024.

 
Currently, the duration of the testing program and commissioning plan for achieving the technical milestones and driving the ramp-up to 8,1 mcm/d Technical Capacity is expected to be prolonged by at least 1 month. The exact duration is to be determined pending outcome of the investigation. Reference is also made to the REMIT notification issued by TotalEnergies on 29 April 2024: Postings (gashub.at) (https://www.gashub.at/remit/postings.xhtml).

BlueNord will continue to update the market accordingly, including if any impact on the Company’s production guidance for 2024.

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Contact: 
Cathrine Torgersen, Chief Corporate Affairs Officer 
Phone: +47 915 28 501 
Email: cathrine.torgersen@bluenord.com 
 

About BlueNord ASA 
BlueNord is a strategically important European oil and gas company that specialises in producing and developing energy resources, and in activities which support the energy transition. The Company has a 36.8 percent interest in the Danish Underground Consortium (DUC) that is responsible for oil and gas production in the Danish North Sea. BlueNord is listed on the Oslo Stock Exchange and trades under the ticker "BNOR". For further information, please visit: www.bluenord.com.