Investment decision for the North Sea has been made

Simulation of the oil rig in field N05-A

Electricity is to be supplied from a neighboring offshore wind farm.

(Photo: One Dyas)

Berlin The Dutch company ONE-Dyas has made the final investment decision for gas production in the N05-A field in the North Sea. The drilling rig will be erected in the immediate vicinity of the German border in the Dutch part of the North Sea.

The gas field also extends to German territory. According to the company, the first gas will flow in about two years, “before winter 2024”, and will then be available to Dutch and German households.

Partners of ONE-Dyas are the companies EBN and Hansa Hydrocarbons. A total of 500 million euros are to be invested in the development of the gas field. According to ONE-Dyas, it is “the largest Dutch investment in natural gas development in the past 15 years”. The Dutch government is actively supporting the project and has enabled smooth approval processes.

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

source site-12