Ryan set to consider Barryroe oil and gas field licence bid
A deal to farm out a stake in the field off the Cork coast requires approval from the Minister for Environment and Climate
Eamon Ryan will consider a licence application for the Barryroe oil and gas field “within the relevant regulatory and policy context”, his department has said.
Providence Resources and Lansdowne Oil & Gas last month announced a deal to farm out a 50 per cent stake in the field, which is located off the coast of Cork, to SpotOn Energy, a Norwegian consortium.
The finalisation of the deal is contingent on a number of factors,...
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