Insight
Maersk’s FID on Tyra breathes new life into Denmark
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
A potential industry crisis has been averted in Denmark, with the sanction of a major redevelopment. The Maersk-led producing group, the Danish Underground Consortium (DUC), has committed to investing US$3.3 billion in the largest ever project on the Danish shelf. The Tyra Future project is hugely significant to Denmark for a number of reasons. In this insight, we assess how the project has come to fruition and why it is so vitally important for the Danish offshore industry as a whole.
Table of contents
- Executive summary
- What impact will the FID have?
- It has been a challenging road to get to this point
- Tax incentives will provide support with conditions
- What does the future look like now?
Tables and charts
This report includes the following images and tables:
- Future government take
- Danish investment outlook 2018 - 2027
- Danish gas production and demand
- Investment reductions on the project
- Timeline
- Project investment versus company returns
- Sample cash flow (2018)
- Surtax rates
What's included
This report contains:
