BlueNord: Update on Tyra Redevelopment Project

04 Apr 2025 15:06 CEST

Oslo, 4 April 2025: Reference is made to the stock exchange notice published by
BlueNord ASA ("BlueNord" or the "Company") on 10 March 2025 relating to an
operational occurrence which was temporarily impacting the maximum production
potential of Tyra II due to a breaker failure in the electrical high-voltage
system which required necessary replacement parts.


The Company is pleased to announce that the necessary replacement parts have
successfully been delivered offshore, and installation and testing is ongoing.
Full technical capacity from Tyra II is expected to be fully restored next week
followed by a continuation of production ramp-up.

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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