IOOA Updates

Tom O’Brien writes for the Irish Independent (21st May 2020 The Greens are looking to ban future gas exploration in their Government formation talks with Fianna Fáil and Fine Gael.  More worryingly, Fianna Fáil and Fine Gael have said they are open to it.  If the...

Offshore Gas remains crucial during transition to renewables Statement by the Irish Offshore Operators’ Association Any incoming Government needs to address the energy requirements for economic recovery by delivering policies which recognise the continuing key role of...

IOOA CEO, Mandy Johnston, writes for Irish Independent Our vulnerability as a country in an uncertain world has been laid bare for all to see. Covid-19 has shown how quickly life as we know it can be changed utterly. The tragic legacy of Covid-19, the harsh reality of...

The Company is pleased to confirm that the Bookbuild has been completed and the Company has, conditionally, raised gross proceeds of £2.7 million (equivalent to approximately US$3.3 million) through the issue of 157,973,004 Placing Securities and 20,000,000 Subscription Securities (each of which shall comprise one New Ordinary Share, one 3p Warrant and one 9p Warrant) at a price of 1.5p each (the “Issue Price”).

Please see link below for an update on Providence Resources Providence Resources raises US$3mln, enters exclusivity for new Barryroe farm-out

The Irish Offshore Operators' Association (IOOA) is encouraging people to conserve power while at home during the Covid-19 crisis. IOOA says that by taking such actions families can ease the burden on thousands of key energy workers and crews which are working to...

“Leadership needed on energy transition and energy security” Statement by the Irish Offshore Operators’ Association The decommissioning of the Kinsale Head gas fields underlines the urgent need for the new Government to provide leadership on energy, with policies...

Providence Resources (LON:PVR) has confirmed it is looking differently at Barryroe with the much-vaunted gas element at the asset shifting the company's development approach. New CEO Alan Scott Lin (who replaced Tony O'Reilly at the start of 2020) outlines his new...

By Mandy Johnston Not long before Christmas, the Government quietly placed online a policy paper the significance of which will be with us for decades to come. The paper on offshore exploration may seem of niche interest - but in reality it affects us all. The new...

Exploration Policy Paper Government must signal a significant ‘step-change’ in relation to the Irish offshore companies and coastal communities in Ireland. Statement by the Irish Offshore Operators’ Association The Publication of a Government Policy Paper on...

Statement by the Irish Offshore Operators’ Association The expected publication of a Government Exploration Policy Paper today (17th December 2019) is an important moment which could impact on Irish energy security, supply and transition for decades to come, according...

A key moment has arrived for Ireland which will not only dictate the supply of energy for our economic growth but will also be seen as an international barometer of our openness to business, investment and cutting-edge technology. Soon the Government will unveil a new...

Tom O'Brien writes for the Sunday Independent, 17th November 2019 No rational person in the energy industry needs to be convinced about climate change. I was in Iceland last month and I saw the impact climate change is having on the landscape. It is truly devastating....

The Irish Offshore Operators' Association (IOOA) has today (12th Nov 2019) received further clarification on existing licences which expands upon the principles set out by the Government in its statement on 30th October last. On that occasion the Government confirmed...

30th October 2019 Statement by the Irish Offshore Operators’ Association The Irish Offshore Operators’ Association (IOOA), the representative organisation for companies exploring and producing gas and oil off the Irish coast welcomes the clarification by Minister of...