€60m to finish Corrib project

SHELL IRELAND has received a further cash injection of €60 million from its parent company to complete the Corrib gas field project.

€60m to finish Corrib project
Mon, 25 Apr, 2011 - 01:00
Gordon Deegan

This brings to €190m the sum Shell & has received in additional cash in recent months as it prepares to complete the final phase of the project that includes the construction of a five kilometre subterranean tunnel to bring gas ashore from the Corrib gas field.

Documents filed with the Companies Office show that the fresh cash injection has brought the firm’s share capital to €614m.

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CourtsPlace: CorribPlace: An TaiscePerson: An Bord PleanalaOrganisation: ShellOrganisation: Companies OfficeOrganisation: Department of the EnvironmentOrganisation: Department of Communications, Energy and Natural ResourcesOrganisation: Shell E&P Ireland LimitedOrganisation: An Bord PleanálaOrganisation: Shell IrelandOrganisation: Bord PleanálaOrganisation: Marathon OilOrganisation: StatoilOrganisation: Vermilion EnergyOrganisation: Marathon
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