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October 2019

Canadian pension group has taken €414m from Corrib gas

By: 
Gordon Deegan - Irish Times

The Canadian-owned entity that acquired Shell Ireland’s 45 per cent interest in Corrib gas has already taken €414.8 million in dividends from the operation of the gas field.

Posted Date: 
11 October 2019

Corrib Gas firm pays €414m dividend to Canadian owner

By: 
Gordon Deegan - IrishIndependent.ie

The Canadian-owned entity that acquired Shell Ireland's 45pc interest in Corrib Gas has already received €414m in dividends from the operation of the gas field.

That is according to the first set of accounts filed by Nephin Energy Holdings Ltd (NEHL).

The Irish-based firm is owned by the Canada Pension Plan Investment Board (CPPIB), which came to an agreement in 2017 to purchase Shell Ireland's interest in Corrib Gas for €903m.

The new accounts show that NEHL last year paid a dividend of €382m to the CPPIB.

Posted Date: 
11 October 2019

Europa's Annual Results

By: 
Europa Oil

Ireland –Inishkea

Posted Date: 
11 October 2019