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Displaying items by tag: Corrib Gas field

The Department of Transport has been advised by Vermilion Exploration & Production Ireland Limited of a maintenance campaign that will include an offshore pipeline and subsea structure inspection at the Corrib Gas Field subsea infrastructure.

This maintenance work was due to commence on Tuesday 14 May and will last for approximately 30 days.

A nearshore survey of the pipeline and umbilical of the Corrib subsea infrastructure will also take place. These works are due to commence on Friday 17 May and will last for approximately 10 days. All work dates are subject to weather and operational constraints.

Visual and acoustic surveys will be conducted by means of vessel- and ROV-mounted sensors. Electrical fault-finding will be conducted by ROV-mounted equipment.

The vessel EDT Jane (callsign 5BXW3) will undertake the subsea scope of work as part of the offshore pipeline and subsea structure inspection. All equipment used will be vessel and/or ROV mounted.

Elsewhere, the nearshore survey scope will be undertaken by the vessel Leah C (callsign EIQS5) while the vessels Macbel” (callsign EIHL5) and the Blue Eagle (callsign EI6808) will both provide safety and welfare support to Leah C. The vessels will be listening on VHF Channel 16 throughout the project.

Further information, including a map, coordinates and contact details, can be found in Marine Notice No 23 of 2024 attached below.

Published in Coastal Notes

The Corrib gas field’s operator is pursuing a legal challenge to the Government’s windfall tax on energy.

As the Irish Independent reports, owner Vermilion Energy is arguing that it has not made any profit from the Corrib field, although revenues in 2022 were higher than previous years.

The case is before the Commercial Court.

“These significant and ongoing financial losses have not been taken into account by the State when applying the recent Temporary Solidarity Contributory Tax, as would normally be the case under prudent tax law,”Vermilion told the newspaper.

The temporary solidarity contribution on windfall gains was initiated at the European level after war broke out in Ukraine in 2022, pushing up energy prices.

Vermilion says that Ireland is an “outlier” in Europe in having set a tax rate of 75 percent, which it claims is more than double the European Council recommended minimum rate of 33 percent.

It says only Slovenia has imposed a higher rate, at 80pc

The idea of levying a tax on the sector Europe-wide has already been challenged in the courts by ExxonMobil. It lodged a case late last year with the EU General Court opposing the regulation that allowed national parliaments to impose the tax.

Read more in The Irish Independent here

Published in Power From the Sea
Tagged under

Vermilion Exploration & Production Ireland Limited is carrying out a maintenance campaign at the Corrib Gas Field subsea infrastructure, with spot rock placement along the main umbilical.

Works were due to commence in the field on Sunday 25 June to last for around three days, subject to weather and operational constraints.

The vessel FFPV Stornes (Callsign PCKX) is undertaking the subsea scope of work during day and night hours, displaying all appropriate lights and signals while carrying out rock placement activities using a fall-pipe system and associated acoustic survey equipment.

All equipment will be vessel and/or remote operated vehicle (ROV) mounted. Visual and acoustic surveys will be conducted by means of vessel- and ROV-mounted cameras and sensors. The work vessel will be listening on VHF Channel 16 throughout the project.

Coordinates and a map of the survey area as well as contact details can be found in Marine Notice No 36 of 2023, attached below.

Published in Coastal Notes

The Canadian-based operator of the Corrib gas field has increased its stake in the north Mayo project to 56.5 per cent.

Vermilion Energy says it is now “the largest provider of domestic natural gas in Ireland” after confirming acquisition of the Equinor ASA stake in the project.

The gas field’s revenues benefited from a 61 per cent increase in gas prices last year, according to the Vermilion Energy annual report for 2022.

In a statement, the Canadian energy company said the acquisition “adds an incremental 36.5% interest in the Corrib Natural Gas Project, increasing Vermilion's operated interest to 56.5%”.

The company said it had entered into an agreement with Equinor ASA in November 2021 to acquire its stake for US$434 million ($556 million), “before closing adjustments and contingent payments”.

It said net purchase price was approximately $200 million.

This net price was after “adjusting for the interim free cash flow between the effective date and closing date inclusive of Vermilion's estimates of European windfall taxes based on information released to-date on how it will be implemented in Ireland, the contingent payment and other closing adjustments”, the company said.

The acquisition “adds approximately 7,000 boe/d of premium-priced, high netback, low emission European natural gas production, further strengthening Vermilion's international portfolio”, it said.

The company described Corrib as a “world-class, low emission, natural gas facility, comprised of a conventional gas field located 83 kilometres off the northwest coast of Ireland and a state of the art gas processing plant onshore Ireland”.

“The facility has a gross plant capacity of approximately 350 million cubic feet of natural gas per day and is currently producing 115 million cubic feet of natural gas per day, representing approximately 20% of Ireland's natural gas consumption and 100% of Ireland's domestic gas production,”it said.

It said that since taking over operatorship in 2018 from Shell, Vermilion has “reduced costs and increased uptime while maintaining world-class safety and environmental performance”.

Published in Power From the Sea
Tagged under

A Mayo TD has called for windfall tax on profits of the Corrib gas field to be ring-fenced for the Erris region of north Mayo.

Sinn Féin TD Rose Conway Walsh said the company trebled profits in the first six months of 2022 to an estimated €560 million.

As the Connacht Telegraph reports, this puts it on course for €1 billion of profits for the year, she said.

The Belmullet-based TD: "The design of the windfall tax, as it is stated by the Council of the European Union, is far from perfect, as it lets the company keep the vast majority of the windfall profits.

"They keep all of their normal profits, plus an extra 20%, and then they keep 77% of the windfall profits over and above that,” she told the newspaper.

"It would be an important gesture for the people of Mayo and Belmullet, particularly for the likes of Belmullet Community Hospital and the R312,”she said.

Read more in the Connacht Telegraph here

Published in Power From the Sea
Tagged under

Vermilion Exploration & Production Ireland Limited will carry out a maintenance campaign at the Corrib Gas Field’s subsea infrastructure from next weekend.

The works are due to commence in field next Sunday 14 August and last for up to 21 days, weather allowing. Maintenance works, including pipeline and subsea structure inspection, will take place at Latitude 54° 20’ 20.413” N, Longitude 11° 03’ 30.769” W.

All works will be undertaken by the vessel EDT Jane (callsign 5BXW3). All equipment used will be vessel and/or remote operated vehicle (ROV) mounted. Visual and acoustic surveys will be conducted by means of vessel- and ROV-mounted sensors.

The vessel will be listening on VHF Channel 16 throughout the project.

Maps of the survey area and contact details are included in Marine Notice No 50 of 2022, attached below.

Published in News Update

Vermilion Exploration & Production Ireland Limited will begin a maintenance campaign at the Corrib Gas Field subsea infrastructure from tomorrow, Friday 1 October.

The maintenance works at the Corrib gas field will take place at Latitude 54° 20’ 20.413” N, Longitude 11° 03’ 30.769” W and are due to last for up to 21 days.

The Edda Sun (callsign LARF7) will undertake the subsea scope of work. All equipment used will be vessel and/or remotely operated vehicle (ROV) mounted. The vessel will be listening on VHF Channel 16 throughout the project.

Mariners are asked to note that visual surveys will be conducted along the Corrib pipelines and umbilicals using vessel mounted ROVs and their associated camera booms. No acoustic survey equipment will be utilised during the campaign.

For further information on the survey area, see Marine Notice No 51 of 2021 which can be downloaded below.

Published in News Update

Vermilion Exploration & Production Ireland Limited is scheduled to carry out maintenance work at the Corrib subsea infrastructure from next Sunday 13 June.

The maintenance work at the Corrib Gas Field will take place at Latitude 54° 20’ 20.413” N, Longitude 11° 03’ 30.769” W and is expected to take up to five days to complete.

The Edda Sun (Callsign LARF7) will undertake the subsea scope of work. All equipment used will be vessel- and/or ROV-mounted. The vessel will be listening on VHF channel 16 throughout the project.

Further information on the survey area is available Marine Notice No 36 of 2021 which can be downloaded below.

Published in Coastal Notes

Mariners in the vicinity of the Corrib Gas Field are advised of electrical fault-finding works at the field’s subsea infrastructure set for later this month.

Works conducted from the Edda Sun (callsign LARF7) will begin on or around next Friday 18 September and will last for up to 10 days. The work vessel will be listening on VHF channel 16 throughout the project.

Details of co-ordinates of the search and repair area are included in Marine Notice No 39 of 2020, which is attached below.

Published in Marine Warning

#MarineNotice - Shell E&P Ireland Limited has begun a campaign of inspection of the Corrib Gas Field pipeline and associated infrastructure with repair and maintenance as required. Engineering tasks are also scheduled for well P3.

The near shore pipeline inspection was scheduled to commence in mid July and last for approximately 10 days. The offshore pipeline and subsea structure inspection along with the P3 work is due to commence in early August 2018 and last for approximately 14 days.

Visual and acoustic surveys will be conducted by means of sensors mounted on vessels and Remote Operated Vehicles (ROV) and cameras located on attendant survey vessels, ROVs and towed side scan sonar.

The near shore pipeline and umbilical sections will be inspected from the nearest point accessible inshore at high tide progressing to offshore until a suitable overlap with the offshore inspection is achieved.

The offshore inspection will commence at the Corrib field location and will continue towards shore until the vessel is required, on Marine Mammal Observer (MMO) advice, to relocate to the inshore inspection extent at safe navigation depth limit.

The vessel An Gearoidin (Callsign EIDL6) will undertake the near shore survey scope. All the equipment used will be vessel deployed. The Macbel and Blue Eagle will provide safety and welfare support to An Gearoidin.

The Siem Stingray (Callsign LAFP8) will undertake the deep water surveys and the subsea facilities maintenance and inspection. It will also carry out the P3 rectification work. All equipment used will be vessel and/or ROV mounted. All vessels will be listening on VHF Channel 16 throughout the project.

Full details of relevant co-ordinates and a map of the survey area are included in Marine Notice No 31 of 2018, a PDF of which is available to read or download HERE.

Published in Coastal Notes
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Port of Cork Information

The Port of Cork is the key seaport in the south of Ireland and is one of only two Irish ports which service the requirements of all six shipping modes i.e., Lift-on Lift-off, Roll-on Roll-off, Liquid Bulk, Dry Bulk, Break Bulk and Cruise. Due to its favourable location on the south coast of Ireland and its modern deep-water facilities, the Port of Cork is ideally positioned for additional European trading as well as for yet unexploited direct deep-sea shipping services.

The Port of Cork is investing €80 million in a container terminal development in Ringaskiddy. The Cork Container Terminal will initially offer a 360-metre quay with 13-metre depth alongside and will enable larger ships to berth in the port. The development also includes the construction of a 13.5-hectare terminal and associated buildings as well as two ship to shore gantry cranes and container handling equipment.

The development of new container handling facilities at Ringaskiddy was identified in the Port of Cork’s Strategic Development Plan in 2010. It will accommodate current and future container shipping which can be serviced by modern and efficient cargo handling equipment with innovative terminal operating and vehicle booking systems. The Port of Cork anticipates that Cork Container Terminal will be operational in 2020.

The Port of Cork is the key seaport in the south of Ireland and is one of just two Irish ports which service the requirements of all shipping modes.

The Port of Cork also controls Bantry Bay Port Company and employs 150 people across all locations.

A European Designated Core Port and a Tier 1 Port of National Significance, Port of Cork’s reputation for quality service, including prompt and efficient vessel turnaround as well as the company’s investment in future growth, ensures its position as a vital link in the global supply chain.

The port has made impressive strides in recent decades, most recently with the construction of the new €80m Cork Container Terminal in Ringaskiddy which will facilitate the natural progression of the move from a river port to a deepwater port in order to future proof the Port
of Cork. This state-of-the-art terminal which will open in 2020 will be capable of berthing the largest container ships currently calling to Ireland.

The Port of Cork Company is a commercial semi-state company responsible for the commercial running of the harbour as well as responsibility for navigation and berthage in the port.  The Port is the main port serving the South of Ireland, County Cork and Cork City. 

Types of Shipping Using Port of Cork

The Port offers all six shipping modes from Lift-on Lift-off, Roll-on Roll-off, Liquid Bulk, Dry Bulk, Break Bulk and Cruise liner traffic.

Port of Cork Growth

The port has made impressive strides in recent decades. Since 2000, the Port of Cork has invested €72 million in improving Port infrastructure and facilities. Due to its favourable location and its modern deepwater facilities, the Port is ideally positioned for additional European trading as well as for yet unexploited direct deep-sea shipping services. A well-developed road infrastructure eases the flow of traffic from and to the port. The Port of Cork’s growing reputation for quality service, including prompt and efficient vessel turnaround, ensures its position as a vital link in the global supply chain. The Port of Cork Company turnover in 2018 amounted to €35.4 million, an increase of €3.9 million from €31.5 million in 2017. The combined traffic of both the Ports of Cork and Bantry increased to 10.66 million tonnes in 2018 up from 10.3 million tonnes in 2017.

History of Port of Cork

Famous at the last port of call of the Titanic, these medieval navigation and port facilities of the city and harbour were historically managed by the Cork Harbour Commissioners. Founded in 1814, the Cork Harbour Commissioners moved to the Custom House in 1904.  Following the implementation of the 1996 Harbours Act, by March 1997 all assets of the Commissioners were transferred to the Port of Cork Company.

Commercial Traffic at Port of Cork

Vessels up to 90,000 tonnes deadweight (DWT) are capable of coming through entrance to Cork Harbour. As the shipping channels get shallower the farther inland one travels, access becomes constricted, and only vessels up to 60,000 DWT can sail above Cobh. The Port of Cork provides pilotage and towage facilities for vessels entering Cork Harbour. All vessels accessing the quays in Cork City must be piloted and all vessels exceeding 130 metres in length must be piloted once they pass within 2.5 nautical miles (4.6 km) of the harbour entrance.

Berthing Facilities in Cork Harbour

The Port of Cork has berthing facilities at Cork City, Tivoli, Cobh and Ringaskiddy. The facilities in Cork City are primarily used for grain and oil transport. Tivoli provides container handling, facilities for oil, livestock and ore and a roll on-roll off (Ro-Ro) ramp. Prior to the opening of Ringaskiddy Ferry Port, car ferries sailed from here; now, the Ro-Ro ramp is used by companies importing cars into Ireland. In addition to the ferry terminal, Ringaskiddy has a deep water port.

Port of Cork Development Plans

2020 will be a significant year for the Port of Cork as it prepares to complete and open the €86 million Cork Container Terminal development in Ringaskiddy.

Once operational the new terminal will enable the port to handle up to 450,000 TEU per annum. Port of Cork already possess significant natural depth in Cork harbour, and the work in Ringaskiddy Port will enable the Port of Cork to accommodate vessels of 5500 to 6000 TEU, which will provide a great deal of additional potential for increasing container traffic.

It follows a previous plan hatched in 2006 as the port operated at full capacity the Port drew up plans for a new container facility at Ringaskiddy. This was the subject of major objections and after an Oral Planning Hearing was held in 2008 the Irish planning board Bord Pleanala rejected the plan due to inadequate rail and road links at the location.  

Further notable sustainability projects also include:

  • The Port of Cork have invested in 2 x STS cranes – Type single lift, Model P (148) L, (WS) Super. These cranes contain the most modern and energy-efficient control and monitoring systems currently available on the market and include an LED floodlight system equipped with software to facilitate remote diagnostics, a Crane Management System (CMS) and an energy chain supply on both cranes replacing the previous preferred festoon cabling installation.
  • The Port of Cork has installed High Mast Lighting Voltage Control Units at its two main cargo handling locations – Tivoli Industrial & Dock Estate and Ringaskiddy Deep-water & Ferry Terminals. This investment has led to more efficient energy use and reduced risk of light pollution. The lights can also be controlled remotely.
  • The Port of Cork’s largest electrical consumer at Tivoli Container Terminal is the handling and storage of refrigerated containers. Local data loggers were used to assess energy consumption. This provided timely intervention regarding Power Factor Correction Bank efficiency on our STS (Ship to Shore) Cranes and Substations, allowing for reduced mains demand and reducing wattless energy losses along with excess charges. The information gathered has helped us to design and build a reefer storage facility with energy management and remote monitoring included.

Bantry Port

In 2017 Bantry Bay Port Company completed a significant investment of €8.5 million in the Bantry Inner Harbour development. The development consisted of a leisure marina, widening of the town pier, dredging of the inner harbour and creation of a foreshore amenity space.

Port of Cork Cruise Liner Traffic

2019 was a record cruise season for the Port of Cork with 100 cruise liners visiting. In total over 243,000 passengers and crew visited the region with many passengers visiting Cork for the first time.

Also in 2019, the Port of Cork's Cruise line berth in Cobh was recognised as one of the best cruise destinations in the world, winning in the Top-Rated British Isles & Western Europe Cruise Destination category. 

There has been an increase in cruise ship visits to Cork Harbour in the early 21st century, with 53 such ships visiting the port in 2011, increasing to approximately 100 cruise ship visits by 2019.

These cruise ships berth at the Port of Cork's deepwater quay in Cobh, which is Ireland's only dedicated berth for cruise ships.

Passenger Ferries

Operating since the late 1970s, Brittany Ferries runs a ferry service to Roscoff in France. This operates between April and November from the Ro-Ro facilities at Ringaskiddy. Previous ferry services ran to Swansea in Wales and Santander in Spain. The former, the Swansea Cork ferry, ran initially between 1987 and 2006 and also briefly between 2010 and 2012.

The latter, a Brittany Ferries Cork–Santander service, started in 2018 but was cancelled in early 2020.

Marine Leisure

The Port of Cork has a strategy that aims to promote the harbour also as a leisure amenity. Cork’s superb natural harbour is a great place to enjoy all types of marine leisure pursuits. With lots of sailing and rowing clubs dotted throughout the harbour, excellent fishing and picturesque harbour-side paths for walking, running or cycling, there is something for everyone to enjoy in and around Cork harbour. The Port is actively involved with the promotion of Cork Harbour's annual Festival. The oldest sailing club in the world, founded in 1720, is the Royal Cork Yacht Club is located at Crosshaven in the harbour, proof positive, says the Port, that the people of Cork, and its visitors, have been enjoying this vast natural leisure resource for centuries. 

Port of Cork Executives

  • Chairman: John Mullins
  • Chief Executive: Brendan Keating
  • Secretary/Chief Finance Officer: Donal Crowley
  • Harbour Master and Chief Operations Officer: Capt. Paul O'Regan
  • Port Engineering Manager: Henry Kingston
  • Chief Commercial Officer: Conor Mowlds
  • Head of Human Resources: Peter O'Shaughnessy