BlueNord: Update on Tyra Redevelopment Project

11 Jan 2025 20:40 CET

Oslo, 11 January 2025: Reference is made to stock exchange notice published by
BlueNord ASA ("BlueNord" or the "Company") on 19 December 2024 where the Company
gave an update on the Tyra Redevelopment Project ("Tyra II") and expected
plateau production to be reached in the second half of January 2025.

The operator of the Danish Underground Consortium (the "DUC"), TotalEnergies, is
undertaking work to replace a seal on a gas compressor and Tyra II is therefore
not currently running at full technical capacity, however once the work is
completed the operator expects full technical capacity on the facilities.

The operator has revised the time they expect to reach plateau production from
21 January 2025 to 31 January 2025, in line with BlueNord's previous
communications.

Reference is also made to the REMIT notifications issued by TotalEnergies:
Postings (gashub.at) (https://www.gashub.at/remit/postings.xhtml).

This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act.

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Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: +47 915 28 501
Email: cathrine.torgersen@bluenord.com

About BlueNord ASA
BlueNord is a strategically important European oil and gas company that
specialises in producing and developing energy resources, and in activities
which support the energy transition. The Company has a 36.8 percent interest in
the Danish Underground Consortium (DUC) that is responsible for oil and gas
production in the Danish North Sea. BlueNord is listed on the Oslo Stock
Exchange and trades under the ticker "BNOR". For further information, please
visit: www.bluenord.com.

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