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July 2020

Valuation of Corrib cut on gas price fall

By: 
John Mulligan - Irish Independent

THE operator of the Corrib gas field off the west coast of Ireland has cut the value of the asset due to falling gas prices.

Accounts for Vermilion Exploration and Production Ireland reveal that a €5.7m non-cash impairment was shouldered against the gas field in the first quarter of this year. That followed a €2.3m non-cash impairment of the assets in the final quarter of 2019.

Posted Date: 
16 July 2020

Fugro inspects Corrib subsea structures

By: 
offshore-mag.com

Fugro has employed the survey vessel Edda Sun for an inspection, repair and maintenance program at the Corrib gas field offshore northwest Ireland. 

Posted Date: 
16 July 2020