Providence Resources chief executive Tony O’Reilly jnr. The company said there was renewed international interest in the Dunquin South area off the Kerry coast.

Irish-based exploration company Providence Resources has received new data that suggests a site off the southwest coast may yield oil. The company, w(...)

Tony O’Reilly jnr, CEO of Providence Resources. Photograph: Dara Mac Dónaill

Providence Resources, the exploration company run by Tony O’Reilly jnr, is considering a strategic pivot into the renewable energy sector. Providence(...)

Tony O’Reilly jnr in his Providence Resources office in Dublin. “I’m proud that we’re a little Irish company punching above its weight. We physically operated last year the deepest well that’s ever been drilled in the north Atlantic.”  Photograph: Dara Mac Dónaill

Broadly speaking, there are two different types of oil hunters. There’s the science ones, usually geologists or engineers. Then there’s the money guys(...)

An appraisal well at Barryroe, off the coast of Cork

Operating losses at exploration firm Providence Resources widened in 2017 as the company incurred a €14.6 million writedown in its exploration activit(...)

 Photograph: Eric Luke / The Irish Times

Irish-based oil and gas exploration firm Providence Resources said its joint partners are seeking to convert the Avalon exploration prospect off the w(...)

Providence chief executive Tony O’Reilly. The company said it had granted a “period of exclusivity” with an unidentified party to take a stake in the Barryroe oil prospect. Photograph: Brenda Fitzsimons

Shares in Providence Resources soared on Thursday after the oil and gas explorer said it had entered exclusive talks to sell a stake in its Barryroe o(...)

Providence Resources said it had received the “second and final payment” in relation to a deal struck in June that saw it cede some of rights to explore the Druid Drombeg well.

Oil and gas exploration company Providence Resources has received $5.4 million (€4.6 million) from a deal struck in June that saw it cede some of the (...)

A Providence Resources drilling rig at the Helvic Oil Field in the Celtic Sea.

Oil and gas exploration company Providence Resources has completed drilling at its failed Druid Drombeg prospect off the south-west coast of Ireland. (...)

A rig at Barryroe, which is an oil and gas field in the Celtic Sea south of Cork

Oil and gas explorer Providence Resources remains “very optimistic” about its prospects and those of the sector despite recent setbacks, the company h(...)

 Providence Resources  struck water yet again last week at Drombeg in the Porcupine Basin, but that hasn’t dampened Europa’s enthusiasm. Photograph: Finbarr O’Rourke

Irrepressible enthusiasm is clearly de rigueur in an exploration sector that has yet to deliver a single barrel of oil from off the Irish coast. As is(...)

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