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October 2014

Corrib field has more gas than expected

Gordon Deegan - Irish Examiner

The results of an offshore sub-sea survey show that there is more gas in the Corrib gas field than originally estimated.

Commercial gas is set to flow from the field off the Co Mayo coast in the middle of next year after a series of delays.

The partners in the project — Shell, Statoil and Vermilion — are expected to spend an additional €300m on the project this year to bring the total spend to €3.4bn by the end of this year.

Posted Date: 
3 October 2014