The Department of Natural Resources confirmed a 15-year exploration licence off the coast of Mayo for Europa Oil and Gas last week. A significant gas find at the Inishkea site could lead to the extension of the Corrib gas field’s operations through a mutual agreement between Corrib operator Vermilion and Europa.
Such a deal would see new discovered gas funnelled through the existing Corrib infrastructure. The new licensed area begins just 4km out...
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