The government is to seek tenders for a massive geological survey of a huge portion of seabed off the west coast, potentially opening up new oil exploration opportunities. The 2D seismic study will examine the Southern Porcupine, Rockall and Hatton basins.
The exploration industry has taken a renewed interest in Ireland's offshore basins since Providence Resources announced a major oil find off the coast of Cork. Last week, another Irish exploration company, Petrel Resources, announced...
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