British exploration company Europa Oil and Gas is in talks with a number of potential development partners for its offshore Ireland assets despite an unnamed oil major, which was in pole position, walking away from the process.
A “dramatic illumination” of Connemara mountains, snapshots of Homer’s Odyssey on Galway beaches and tightrope walking across the river Corrib are among highlights of the Galway 2020 European capital of culture unveiled on Wednesday evening.
Europa Oil and Gas has ruled out any prospect of drilling in Irish waters next year, but has said it is making significant progress towards drilling activity in 2020, including on its flagship gas project adjacent to the Corrib field off the west coast.
The decision by Shell to sell its stake in the Corrib gas field for €1bn was not unexpected, as the oil giant continues to pull back from smaller projects globally, but it will have learned from its chequered management of the project, a leading Irish oil expert has said.
The Supreme Court has found Shell E & P Ireland was acting in civil contempt of court orders when it entered nine years ago onto commonage lands at Rossport located on the modified route for the Corrib gas onshore pipeline.
For an oil and gas explorer, the news that the Brexit referendum result was a “seismic” shift in favour of Leave made compelling reading. Brexit is a timely reminder of the potential future energy issues that might be faced by the island of Ireland.
It is a decade since the Rossport Five went to prison for three months. As the Corrib gas pipeline prepares to carry offshore gas for the first time,visits the area to ask if the long-running saga is coming to an end.