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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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Volvo Dun Laoghaire Regatta

From the Baily lighthouse to Dalkey island, the bay accommodates six separate courses for 21 different classes racing every two years for the Dun Laoghaire Regatta.

In assembling its record-breaking armada, Volvo Dun Laoghaire regatta (VDLR) became, at its second staging, not only the country's biggest sailing event, with 3,500 sailors competing, but also one of Ireland's largest participant sporting events.

One of the reasons for this, ironically, is that competitors across Europe have become jaded by well-worn venue claims attempting to replicate Cowes and Cork Week.'Never mind the quality, feel the width' has been a criticism of modern-day regattas where organisers mistakenly focus on being the biggest to be the best. Dun Laoghaire, with its local fleet of 300 boats, never set out to be the biggest. Its priority focussed instead on quality racing even after it got off to a spectacularly wrong start when the event was becalmed for four days at its first attempt.

The idea to rekindle a combined Dublin bay event resurfaced after an absence of almost 40 years, mostly because of the persistence of a passionate race officer Brian Craig who believed that Dun Laoghaire could become the Cowes of the Irish Sea if the town and the local clubs worked together. Although fickle winds conspired against him in 2005, the support of all four Dun Laoghaire waterfront yacht clubs since then (made up of Dun Laoghaire Motor YC, National YC, Royal Irish YC and Royal St GYC), in association with the two racing clubs of Dublin Bay SC and Royal Alfred YC, gave him the momentum to carry on.

There is no doubt that sailors have also responded with their support from all four coasts. Running for four days, the regatta is (after the large mini-marathons) the single most significant participant sports event in the country, requiring the services of 280 volunteers on and off the water, as well as top international race officers and an international jury, to resolve racing disputes representing five countries. A flotilla of 25 boats regularly races from the Royal Dee near Liverpool to Dublin for the Lyver Trophy to coincide with the event. The race also doubles as a RORC qualifying race for the Fastnet.

Sailors from the Ribble, Mersey, the Menai Straits, Anglesey, Cardigan Bay and the Isle of Man have to travel three times the distance to the Solent as they do to Dublin Bay. This, claims Craig, is one of the major selling points of the Irish event and explains the range of entries from marinas as far away as Yorkshire's Whitby YC and the Isle of Wight.

No other regatta in the Irish Sea area can claim to have such a reach. Dublin Bay Weeks such as this petered out in the 1960s, and it has taken almost four decades for the waterfront clubs to come together to produce a spectacle on and off the water to rival Cowes."The fact that we are getting such numbers means it is inevitable that it is compared with Cowes," said Craig. However, there the comparison ends."We're doing our own thing here. Dun Laoghaire is unique, and we are making an extraordinary effort to welcome visitors from abroad," he added. The busiest shipping lane in the country – across the bay to Dublin port – closes temporarily to facilitate the regatta and the placing of six separate courses each day.

A fleet total of this size represents something of an unknown quantity on the bay as it is more than double the size of any other regatta ever held there.

Volvo Dun Laoghaire Regatta FAQs

Dun Laoghaire Regatta is Ireland's biggest sailing event. It is held every second Summer at Dun Laoghaire Harbour on Dublin Bay.

Dun Laoghaire Regatta is held every two years, typically in the first weekend of July.

As its name suggests, the event is based at Dun Laoghaire Harbour. Racing is held on Dublin Bay over as many as six different courses with a coastal route that extends out into the Irish Sea. Ashore, the festivities are held across the town but mostly in the four organising yacht clubs.

Dun Laoghaire Regatta is the largest sailing regatta in Ireland and on the Irish Sea and the second largest in the British Isles. It has a fleet of 500 competing boats and up to 3,000 sailors. Scotland's biggest regatta on the Clyde is less than half the size of the Dun Laoghaire event. After the Dublin city marathon, the regatta is one of the most significant single participant sporting events in the country in terms of Irish sporting events.

The modern Dublin Bay Regatta began in 2005, but it owes its roots to earlier combined Dublin Bay Regattas of the 1960s.

Up to 500 boats regularly compete.

Up to 70 different yacht clubs are represented.

The Channel Islands, Isle of Man, England, Scotland, Wales, Northern Ireland, Ireland countrywide, and Dublin clubs.

Nearly half the sailors, over 1,000, travel to participate from outside of Dun Laoghaire and from overseas to race and socialise in Dun Laoghaire.

21 different classes are competing at Dun Laoghaire Regatta. As well as four IRC Divisions from 50-footers down to 20-foot day boats and White Sails, there are also extensive one-design keelboat and dinghy fleets to include all the fleets that regularly race on the Bay such as Beneteau 31.7s, Ruffian 23s, Sigma 33s as well as Flying Fifteens, Laser SB20s plus some visiting fleets such as the RS Elites from Belfast Lough to name by one.

 

Some sailing household names are regular competitors at the biennial Dun Laoghaire event including Dun Laoghaire Olympic silver medalist, Annalise Murphy. International sailing stars are competing too such as Mike McIntyre, a British Olympic Gold medalist and a raft of World and European class champions.

There are different entry fees for different size boats. A 40-foot yacht will pay up to €550, but a 14-foot dinghy such as Laser will pay €95. Full entry fee details are contained in the Regatta Notice of Race document.

Spectators can see the boats racing on six courses from any vantage point on the southern shore of Dublin Bay. As well as from the Harbour walls itself, it is also possible to see the boats from Sandycove, Dalkey and Killiney, especially when the boats compete over inshore coastal courses or have in-harbour finishes.

Very favourably. It is often compared to Cowes, Britain's biggest regatta on the Isle of Wight that has 1,000 entries. However, sailors based in the north of England have to travel three times the distance to get to Cowes as they do to Dun Laoghaire.

Dun Laoghaire Regatta is unique because of its compact site offering four different yacht clubs within the harbour and the race tracks' proximity, just a five-minute sail from shore. International sailors also speak of its international travel connections and being so close to Dublin city. The regatta also prides itself on balancing excellent competition with good fun ashore.

The Organising Authority (OA) of Volvo Dun Laoghaire Regatta is Dublin Bay Regattas Ltd, a not-for-profit company, beneficially owned by Dun Laoghaire Motor Yacht Club (DMYC), National Yacht Club (NYC), Royal Irish Yacht Club (RIYC) and Royal St George Yacht Club (RSGYC).

The Irish Marine Federation launched a case study on the 2009 Volvo Dun Laoghaire Regatta's socio-economic significance. Over four days, the study (carried out by Irish Sea Marine Leisure Knowledge Network) found the event was worth nearly €3million to the local economy over the four days of the event. Typically the Royal Marine Hotel and Haddington Hotel and other local providers are fully booked for the event.

©Afloat 2020