Statoil awarded six licensing options offshore Ireland
Statoil Exploration (Ireland) Limited has been awarded six Licensing Options in Ireland’s 2015 Atlantic Margin Licensing Round.
Statoil will be the operator of four Licensing Options and partner in two Licensing Options, operated by ExxonMobil Exploration and Production Ireland (Offshore South) Limited.
Ireland’s Department of Communications, Energy and Natural Resources (DCENR) yesterday published a map with grid locations for the Licensing Options awarded in the first phase of this licensing round.
The six Licensing Options awarded to Statoil total approximately 7,700 km2 in the Porcupine Basin in water depths ranging between 1,100 and 3,150 meters. Statoil and ExxonMobil each hold 50% equity in all the Licensing Options. ….