Tyra Field Redevelopment
Cost: $3.36 billion
Location: Offshore Denmark

As we’ve written extensively here on EngineeringPro, there’s still much life for the North Sea Oil & Gas industry- especially as new ways of exploiting reserves continue to be developed. The Tyra gas field is a perfect example. 
    Currently facing the end of its operational life, Maersk Oil is set to redevelop the field at a cost of $3.36 billion which involves completely overhauling the field’s infrastructure. Work to be carried out includes the replacement of the existing gas processing platforms with a modern facility as well as rig and engineering upgrades on five surrounding satellite fields. As a result of this redevelopment Tyra will continue to produce around 60,000 barrels of oil equivalent from 2022 onwards. Which is good news considering that over 1.5 million Danish homes depend on the field for energy.