23 Dec 2022 13:06 CET

Issuer

BlueNord ASA

Oslo, 23 December 2022: Norwegian Energy Company ASA ("Noreco" or the "Company")
is pleased to announce that it has reached a milestone on the hook-up and
commissioning campaign of Tyra II with the crane on the process module (the
"TEG") now in permanent use. The milestone was planned for early Q1 2023 and is
as such achieved ahead of schedule despite the challenging weather conditions
earlier this month. The TEG crane is important for the project as it enables an
efficient completion of the remaining scope of the hook-up, commissioning and
start-up of Tyra II.

Contact:
Cathrine F. Torgersen, EVP Investor Relations & ESG
Phone: +4791528501
Email: ct@noreco.com

***

About Norwegian Energy Company ASA
Noreco is a publicly owned company with focus on the oil, gas and offshore
industry. The Company's shares are listed on the Oslo Stock Exchange (ticker
NOR). For further information, please visit: www.noreco.com.


Source

Norwegian Energy Company ASA

Provider

Oslo Børs Newspoint

Company Name

NORWEGIAN ENERGY COMPANY, NORE ASA 19/27 8,00% USD STEP C SUB CONV, NORECO ASA 19/26 9,00% USD C

ISIN

NO0010379266, NO0010851520, NO0010870900

Symbol

NOR

Market

Oslo Børs