Prospects good for Ireland’s oil and gas

Offshore Ireland may yet emerge as a new source of energy supplies.

9th August, 2008

Offshore Ireland may yet emerge as a new source of energy supplies.

Hunger for new energy supplies could mean that offshore Ireland - which is relatively underexplored - will become a focus for exploration in the coming years.

Much of this activity is likely to be spearheaded by multinational firms, including some of the world’s largest oil and gas companies. However, a number of local players such as Island Oil & Gas, Providence Resources and...

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