Lansdowne retains focus on Irish prospects
Upstream oil and gas independent Lansdowne Oil & Gas said lower drilling costs in the shallow water off Ireland's southern coast would help the company deliver high value resereves.
Ireland
Antrim loses exploration partner as Kosmos plans to pull out
Antrim Energy, the Canadian oil and gas explorer has lost its majority partner in the frontier exploration licence (FEL) off Ireland's west coast.
Providence Resources to work with Schlumberger on Irish prospects
Providence Resources, the Irish exploration company has signed a strategic and incentivised exploration collaboration agreement with Schlumberger.
Gaelectric compressed air project to get £6.5million grant
The UK’s first compressed air energy storage project is to be awarded almost 6.5 million euro (£4.6m) by the European Union. It will hold air in specially engineered salt caverns under high pressure on Northern Ireland’s east coast before releasing it to drive turbines and create power for the grid. The money will pay for environmental impact assessments, planning and design, the Gaelectric firm behind the innovative scheme said. The system could generate up to 330 megawatts of electricity - enough to sustain thousands of homes - for up to six hours and the EU said it will contribute to energy security in the UK and Ireland.
Infrastrata begins drilling on Northern Ireland well
Infrastrata has begun drilling at the Islandmagee-1 salt well in Northern Ireland. Drilling operations at the site are expected to take five weeks and aim to confirm the feasibility of the development of an underground gas storage facility in salt caverns.