Providence and Lansdowne Oil & Gas to farm out 50 per cent of Barryroe oil and gas field to SpotOn Energy

30th November, 2020
Providence and Lansdowne Oil & Gas to farm out 50 per cent of Barryroe oil and gas field to SpotOn Energy
The early development programme includes four wells and floating production facilities off the Cork coast. Picture: Getty

Providence Resources and Landsdowne Oil & Gas have announced a deal to farm out a 50 per cent stake in the Barryroe oil and gas field off the coast of Cork to Norwegian consortium SpotOn Energy.

SpotOn Energy and its consortium will fund 100 per cent of the early development programme (EDP) and the full field development, Providence announced this evening.

The early development programme, which includes four wells and floating production facilities, is designed to both...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

ESB rapid-response gas plants will back up renewables

Energy Daniel Murray 3 weeks ago

Ryan set to consider Barryroe oil and gas field licence bid

Energy Peter O'Dwyer 1 month ago

Report suggests nuclear as shortcut to zero emissions

Energy Daniel Murray 1 month ago

St James’s Hospital to cut carbon footprint in major energy-saving deal

Energy Daniel Murray 1 month ago