On 30 January 2018 the Danish Energy Agency reported that A.P. Moller â Maersk A/S has transferred its 31.2% interest in the Contiguous Area and in the SW Area licences to Maersk Olie og Gas effective from 7 December 2017. The Contiguous Area and SW Area licences are situated in the western part of the countryâs offshore area, close to the border with Germany. The Contiguous Area licence contains 11 blocks while the SW Area licence five blocks. A total of 19 fields a situated within the area covered by the licences: especially Dan (oil & gas), Halfdan (oil, gas & condensate), Tyra (gas, condensate & oil), Gorm (oil) and Skjold (oil). In December 2017 the Danish Underground Consortium (DUC) has approved an investment of approximately DKK 21 billion (USD 3.37 billion) for the full redevelopment of the Tyra field. It will be shut-in for redevelopment in November 2019 with production expected to recommence in July 2022. A full redevelopment will involve a restoration of the current infrastructure including the gas processing hub and five surrounding satellite fields. The licences are operated by the Dansk Undergrunds Consortium (DUC). This is a joint venture between Maersk Olie og Gas A/S (31.2% + operator on behalf of the consortium), Shell Olie og Gasudvinding Danmark BV (36.8%), Danish North Sea Fund (20%) and Chevron Denmark Inc (12%).
A.P. Moller â Maersk A/S has transferred its 31.2% interest in the Contiguous Area and in the SW Area licences to Maersk Olie og Gas 