Oil explorer Kosmos is withdrawing from three licences in the Porcupine Basin, to the west and southwest of Kerry, where it has shared interests with Europa Oil & Gas and Antrim Energy. File photograph: Bloomberg

US-listed oil and gas explorer, Kosmos, is pulling out of its three joint ventures off the Irish coast, its partners confirmed on Tuesday. Kosmos is w(...)

Dallas-based Kosmos Energy announced that it has entered farm-out agreements with BP covering three licence blocks in the Agadir Basin off Morocco

Shares in explorer Fastnet Oil & Gas surged after its partner in a Moroccan venture announced it has completed a farm-in deal with BP.Dallas-based(...)

Minister for Communications, Energy and Natural Resources Pat Rabbitte recently told the Dáil eight-10 of the 13 exploration licence options issued by his department in 2011 are being converted to full licences. Photograph: Cyril Byrne

Oil and gas exploration off Ireland’s west coast is likely to step up over the next year despite ExxonMobil’s exit last week.The oil major abandoned a(...)

Oil and gas exploration activity in Irish waters looks set to step up

Oil and gas exploration activity in Irish waters looks set to step up following two deals that will see New York-listed Kosmos Energy take a ma(...)