Maersk Oil chief executive Gretchen Watkins has expressed confidence that a redevelopment of the Tyra field will go ahead, avoiding a need to decommission the key hub for the Danish oil and gas sector.

Watkins told Upstream she is optimistic an “ongoing and continuously constructive dialogue” between industry and government will result in tax assistance that Maersk said is required for the redevelopment to be economically viable.

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