Providence plans to reduce exploration and focus on Barryroe

The oil exploration firm’s new chief executive Alan Scott Linn views deepwater explorations as a ‘drain on resources’

Daniel Murray

Political Correspondent @danieltmurray
8th March, 2020
Providence plans to reduce exploration and focus on Barryroe
Alan Linn was appointed chief executive of Providence Resources in January following the departure of Tony O’Reilly jr. Picture: Fergal Phillips

Providence Resources is planning to reduce its oil and gas exploration interests off the west coast of Ireland and focus on developing its Barryroe discovery into a gas field, according to new chief executive Alan Scott Linn.

Linn told the Business Post he was also interested in taking over the pipeline network at the nearby decommissioning Kinsale gas field, as he suspects Barryroe, off the south coast of Cork, is a much bigger gas prospect...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Microsoft calls for ‘Dublin-specific’ solutions to country’s power crisis

Government seeking to provide financial assistance on winter heating bills

Energy regulator says no need for moratorium on data centres

Biomethane industry set to pump €1.2 billion into Ireland