Displaying 1 - 10 of 52 articles
The Irish government is reviewing its generous fiscal regime for oil and gas companies, the Minister for Energy has announced. The move follows submission of a parliamentary report on the sector, which makes a number of major recommendations. Pat Rabbitte, Ireland’s energy minister, said Tuesday...
The government of Ireland has approved Antrim Energy's transfer of interest and operatorship for its Licensing Option 11/5 in the Porcupine Basin off Ireland's west coast. The transfer was approved by the Minister for Communications, Energy and Natural Resources, Pat Rabbitte, last week. As previously...
Edinburgh-based explorer Cairn has announced new activity in the Porcupine Basin off the west coast of Ireland. In a statement published on its website, Cairn heralds a farm-in as operator to two licences. The Porcupine Basin holds the undeveloped Spanish Point gas condensate and Burren oil discoveries...
Fastnet Oil & Gas of Ireland has announced it's been awarded licences for eight blocks in the Mizzen Basin and North Celtic Sea Basin. In a statement, the company said the newly-named East Mizzen Licensing Option, granted by the Irish Department of Communications and Energy, is valid from...
European government ministers are talking to each other about the decisions they must make on shale gas extraction, according to one of their number. Irish Energy Minister, Pat Rabbitte, told an informal meeting of European ministers in Dublin that his country was observing the US shale natural gas...
Irish-based hydrocarbon explorer Europa Oil & Gas has announced a partnership with Kosmos Energy of Bermuda in its interests in the Porcupine Basin, south-west of Ireland. The two parties will join to proceed with seismic tests and exploratory drilling in assessing reserves in the potentially...
The Irish government needs to take advantage of domestic oil and natural gas reserves but fracking campaigns need further study, the energy minister has said. Irish Energy Minister Pat Rabbitte has said that European and Irish laws forbid hydraulic fracturing unless it can be found that such campaigns...
Irish exploration company Providence Resources has released a favourable update on its Barryroe licence off the south-west of Ireland. Providence operates Barryroe on behalf of its partner Lansdowne Resources. In a statement, Providence said there is significant hydrocarbon resource potential of both...
Energy major ExxonMobil has started a €150 million drilling programme off the south-west coast of Ireland. The US-based multinational is looking for both gas and oil, in exploration that could provide a huge bonus to the cash-starved Irish economy. The US company is planning to drill test wells...
Fastnet Oil & Gas, the listed E&P company focused on the Celtic Sea and Morocco, has announced a seismic contract with CGG to acquire, using the SR/V Vantage, 1,710 sq km of 3D seismic in the Celtic Sea. The programme is valued at up to €14 million, and will last around 50 days, depending...
