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Displaying items by tag: Department of Communications, Energy and Natural Resources

#POWER FROM THE SEA - Irish oil and gas firm Providence Resources has been awarded a licence to explore near Dalkey Island, the Irish Independent reports.

The standard licence issued by the Department of Communications, Energy and Natural Resources lasts for up to six years, split into two three-year phases.

Providence hopes to drill at least one well during the initial phase in the Kish Bank Basin, where previous exploration drilling confirmed the presence of oil suitable for petroleum production.

The group is also applying for a foreshore licence for the purpose of well site surveys and drilling operations.

As previously reported on Afloat.ie, Providence Resources is one of the 12 companies that were awarded 13 Licensing Options between them in the 2011 Atlantic Margin Licensing Round.

The Irish Independent has more on the story HERE.

Published in Power From the Sea

About SailGP

SailGP unites world-class athletic talent and cutting-edge technology. Eight teams representing Australia, Denmark, France, Great Britain, Japan, New Zealand, Spain and the United States will contest eight events held in as many countries over an 11-month period. Following the season opener in Bermuda, the championship visits renowned sailing locations in Italy, the United Kingdom, Denmark, France, Spain and New Zealand. San Francisco, United States, has the honour of closing proceedings with the Grand Final on 26–27 March 2022. Among those vying for the crown is the Great Britain team led by Rolex Testimonee and four-time Rolex World Sailor of the Year, Sir Ben Ainslie, who says: “The sailing world was crying out for the creation of such a concept. SailGP is a major milestone in the evolution of yachting, but it also represents continuity. The combination of state-of-the-art technology and sporting prowess is widening the appeal of sailing.