Fresh blow to exploration industry as drilling off Kerry coast draws a blank

Fresh blow to exploration industry as drilling off Kerry coast draws a blank

The China National Offshore Oil Company (CNOOC) and ExxonMobil have both been unable to produce oil or gas off the coast of Co Kerry

The China National Offshore Oil Company (CNOOC) and ExxonMobil have both been unable to produce oil or gas off the coast of Co Kerry.

In a blow to the Irish industry, the licence operator, CNOOC Petroleum Europe, confirmed to The Sunday Business Post that the drilling which started at the beginning of the summer had produced a dry well.

“CNOOC Petroleum Europe . . . can confirm that it has safely drilled and completed its...

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