2 results

Petrel reports positive outlook following the award of two licensing operations in the recent Irish offshore oil bid round. Photograph: iStock

Petrel Resources has released preliminary results recording a pre-tax loss of €227,000 in 2015, down from almost €3m the previous year. The company (...)

The Irish Offshore Operators’ Association welcomed the interest which they said was not a surprise despite the low price of a barrel of oil

A record number of licencing options for offshore exploration have been received by the Government despite the drop in the price of oil. Some 43 ap(...)