Norwegian Energy Company ASA (“Noreco” or “the Company”) announces today the following update on the Tyra Redevelopment Project:As a consequence of the ongoing COVID-19 pandemic, first production from the Tyra Redevelopment is expected in Q2 2023 instead of 2022 as previously communicatedThe project remains on track to be delivered within budgetDue to COVID-19, local governmental imposed restrictions at the fabrication yards have impacted the schedule...
