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Polarcus Amani Next generation Seismic Vessel. Polarcus

Largest offshore survey to commence to attract oil companies to Ireland

Pat Rabbitte welcomed the survey saying it will help make decisions on exploration drilling.

THE LARGEST OFFSHORE 3D survey of Ireland is to commence shortly.

The Polarcus Amani vessel was welcomed to the port of Ringaskiddy, County Cork by  the Minister for Communications, Energy and Natural Resources, Pat Riabbitte over the weekend.

The vessel is tasked with producing high resolution images of the sub-surface geology that will attract domestic and international oil companies to look closer at the potential investment opportunities offshore ahead of the 2015 oil and gas exploration licensing round.

Good news

Rabbitte said the extensive 3D seismic survey is “good news for Ireland” in terms of deepening understanding of the hydrocarbon potential of our vast offshore.

“Momentum in exploration interest in our offshore is building. Recent evidence includes the conversion to Frontier Exploration Licences of 11 of the authorisations granted under the 2011 Atlantic Licensing Round and a very busy year in 2013 in terms of new seismic acquisition,” said Rabbitte.

He said that 2014 is set to see that momentum continue and the Polarcus survey about to commence will be an important part of this year’s activity.

 

Licences

“The survey will inform exploration being carried out under existing exploration licences and will also cover unlicensed blocks that can be licensed in the 2015 Licensing Round,” he said.

Ireland needs this type of investment so that the industry can make decisions on exploration drilling informed by the best technical information.   I wish the survey well and hope that it will help us to realise the true potential of our indigenous oil and gas resources.

Rolf Ronningen, CEO Polarcus said the massive vessel is equipped with the latest seismic technologies and environmental systems to ensure these operations are conducted to the highest safety and environmental standards.

Last week, Rabbitte announced that the State will increase the tax-take for all future commercial oil and gas discoveries in Irish waters.

Read: Losses mount at O’Reilly’s Providence Resources>

Read: Ireland will receive more taxes from oil and gas exploration under new terms>

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39 Comments
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    Mute Kárl
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    Jan 10th 2019, 9:39 AM

    With only nine per cent of the street lamps being ornate, it means that DCC really don’t care about the finishing touches to or streets. Example: Stephen’s green along the Loretto stretch has fantastic architecture, but shitty looking Motorway style street lights. This is lazy and careless planning. Why not take the ornate lampposts from in front of the office blocks on Earlsfort terrace and put them on the Green, or if that’s too expensive, then get replica lamp posts for that stretch of street.

    Street furniture in our key streets really should be looked at in more detail. Finishing touches to or streets, if done right can make residents feel better about their city.

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    Mute itzme
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    Jan 10th 2019, 2:59 PM

    What about the five lamps ?.

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    Mute Ian Holmes
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    Jan 10th 2019, 4:30 PM

    @itzme: go hang your bollocks on them !

    44
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    Mute itzme
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    Jan 10th 2019, 8:45 PM

    @Ian Holmes: he he. Was waiting for that.

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    Mute Jeni Moriarty
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    Jan 10th 2019, 2:35 PM

    Looks lovely, clean up Dublin though and then I’ll go have a look, brought my kids into town to see the crimbo lights, two drunks kicked head off each other on packed Luas then saw a junkie on ground blood everywhere, her boyfriend saying sorry her shouting f/off, after 10 minutes my 10 year old with tears in her eyes asked why we have to see that just to see some lights, got a taxi home, never ever again

    33
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    Mute John
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    Jan 10th 2019, 9:49 PM

    @Jeni Moriarty: never a story about Dublin without junkies blah blah blah.this is a story about street lamps and you have to shoehorn in the usual ‘i was in Dublin recently’ nonsense.

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    Mute Stephen Field
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    Jan 10th 2019, 8:55 PM

    Loads of the old ones have been replaced, and been replaced badly when they could easily have been preserved. This article is mishearing. The corporation’s efforts to salvage and promote this little bit of Dublin character is pathetic as usual. There is a nice display of various old ones in Merrion square that look original.

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    Mute SPQH
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    Jan 10th 2019, 9:46 PM

    That one on Fr Matthew Square is a real gem

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    Mute Limón Madrugada
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    Jan 10th 2019, 10:51 PM

    Most of us genuine Dubs have pissed up against at least one of them

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    Mute Michael Maher
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    Jan 10th 2019, 10:30 PM

    The one with the overhead tram cables hanging of them are lovely.

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    Mute William Kelly
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    Jan 12th 2019, 9:03 AM

    Have any of them been repainted in the past 5 years?
    Last time I walked around the Customs house, the lamp standards were a mucky disgrace, & as for Bus Arus, the one time architectural gem has declined into a slum like appearance.
    Don’t know who in the octopus of state bodies is responsible, but it seems nonsensical to spend tax money promoting tourism, when simple maintenance is neglected.

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