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Firm doesn't expect tax bill over €362m Corrib revenues

By: 
Gordon Deegan - Irish Independent

The Corrib Gas partners have reported a 25pc jump in revenues to €362m in the first half of this year in spite of external electricity supply issues hitting production at its gas terminal in the second quarter.

That is according to new quarterly figures provided by Canadian firm Vermilion.

It said production between April and the end of June decreased 7pc quarter-over-quarter and 11pc year-over-year for the first six months.

Posted Date: 
31 August 2018

Investigation finds IT upgrade responsible for Corrib gas release

By: 
Lorna Siggins - Irish Times

‘Deficiencies’ led to non-odourised gas emergency plan being put in place as a result

An investigation by the State’s energy regulator into the release of non-odourised gas from the Corrib gas refinery in north Mayo last year says it was caused by the upgrading of an information technology (IT) system.

“Deficiencies” in Shell E&P Ireland’s (SEPIL) operating procedures led to the incident last September, but there were no safety consequences for staff at the Corrib gas refinery or members of the public “in the immediate vicinity”, the Commission for Regulation of Utilities (CRU) has found.

However, the risks to consumers from gas which had no safety odour prompted Gas Networks Ireland (GNI) to activate the natural gas emergency plan. Some 10,000 customers in the Galway-Mayo region were told to shut off their supplies.

The energy regulator says it took “enforcement” actions against Shell and GNI, the national gas networks operator, as a result of its investigation.

No fines were imposed on Shell or on GNI, under a series of enforcement options which the State energy regulator says are “progressive in nature”.

Posted Date: 
1 August 2018

Do we want our beaches strewn with stranded dolphins?

By: 
Sinead Mercier - TheJournal.ie

It’s time for the government to ban fossil fuel exploration and invest in the real local, rural renewable economy on our coastlines, writes Sinead Mercier.

DID YOU KNOW that UCC recently recorded that 250,000 bottlenose dolphins come to the Irish Atlantic every summer?

That’s the world’s known population of dolphins. At least 24 species of rare and beautiful whales, dolphins and porpoises use Ireland’s seas as a migration route- including blue whales, humpback whales and even the odd Free Willy.

Posted Date: 
8 July 2018

Judge refuses to overturn minister’s consent for Corrib gas pipeline

By: 
Mary Carolan - Irish Times

Long-time campaigner against Shell Corrib gas project loses High Court case

A long-time campaigner against the Shell Corrib gas project in Co Mayo has lost her High Court bid to overturn a ministerial consent for a pipeline bringing gas to a refinery at Ballinaboy.

Maura Harrington, who has opposed the project since 2001, has described it as “a land, sea and air attack on the place that is Erris”.

Posted Date: 
8 June 2018

Europa’s eureka

By: 
Liamy MacNally - MayoNews

Major Inishkea gas find, but who will benefit?

Seven years ago in this column I wrote about a 2006 Government Indecon report that claimed there is a minimum of 10 billion barrels of oil (and gas) off our shores. Work it out. At $70 a barrel, it would more than pay for the bank bailout debt that was unfairly pressed upon Irish citizens. And we would still have a lot of change.
There has been a major gas find off the Mayo coast, bigger than Corrib. The UK-based Europa Oil & Gas (Holdings) PLC ‘has elected to fast track an ongoing technical work programme following positive results’ from their flagship project in Ireland, the Inishkea prospects in the Slyne basin near the Corrib gas field.
All going well the drilling will start in 2020.
A Europa newsletter, dated March 14, 2018, available on www.europaoil.com, states:
“We believe 2.5 tcf [trillion cubic feet] of undiscovered Gas Initially In Place (GIIP) is likely to translate into commercially significant prospective resources. We understand that the recovery factor at the Corrib field is ~ 80 percent.
“Water depths are comparatively shallow (400-600m) and do not require harsh environment sixth generation drillships therefore drill costs are lower. We have recently conducted a drill cost estimate for a well on the Inishkea prospect and dry hole cost including mob and demob is US$28 million using a prevailing rig rate of US$120,000 per day.
“Gas infrastructure is already present nearby at Corrib therefore a fast track path to commercialisation is potentially available, subject to negotiation and cooperation with the infrastructure owners. Gas is likely to be a significant component of Ireland’s future energy needs both for electricity generation and domestic and industrial heating.”

Posted Date: 
28 March 2018
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