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Displaying items by tag: Barryroe

A seabed debris clearance, environmental baseline and habitat assessment site survey will take place in licence SEL 1/11 (Barryroe) from later this month.

Barryroe is located in the North Celtic Sea, some 50 kilometres south of the Port of Cork.

The project is scheduled to commence in mid-August 2019 with the survey vessel Kommandor (callsign MCJO2) anticipated to be working on location for 16 days, excluding transit and any weather delays

Survey operations will be conducted on a 24-hour basis in different phases to include towed and non-towed operations. A fisheries liaison Officer will be on board for the duration of the survey.

Throughout the survey operations, the vessel will be displaying appropriate shapes and lights to indicate that the survey vessel is restricted in its ability to manoeuvre.

All vessels are requested to give this operation a wide berth. A listening watch will be maintained on VHF Channel 16, and the vessel will actively transmit an AIS signal.

Full details of the site survey co-ordinates are included in Marine Notice No 27 of 2019, a PDF of which is available to read or download HERE.

Published in Offshore

#Oil&Gas - A drop in exploration costs alongside the fall in commodities prices is driving increased interest in Providence Resources' Barryroe prospect, as The Irish Times reports.

"Work continues with a number of parties to progress the Barryroe farm out to a satisfactory conclusion,” said Tony O’Reilly, chief executive of the Dublin-based oil and gas exploration firm.

It comes more than a year after negotiations over the farm-out of the oil field off Ireland's south coast began, a process that the company said was "taking much longer to achieve" due to unfavourable market conditions.

Studies in 2012 indicated that the Barryroe field could yield as much as 1.6 billion barrels, and be worth many billions to the Irish economy.

The Irish Times has more on the story HERE.

Published in Coastal Notes

#Oil - Providence Resources says it is at "an advanced stage" in negotiations to farm out its Barryroe oil field prospect off Cork, as The Irish Times reports.

Commenting on the Irish energy company's half-year results released today, CEO Tony O'Reilly said the Barryroe project "remains our main priority" – with Providence aiming to return on its investment while retaining "a material stake" in the field, of which is owns 80%.

Last month, as reported on Afloat.ie, the company urged shareholders at its AGM to quell public speculation over any potential deal, which was "taking much longer to achieve" than previously expected.

The Irish Times has more on the story HERE.

Published in Coastal Notes

#Oil - Providence Resources says it is "nearing completion" of its negotiations to secure a farm-out partner for its Barryroe prospect off the Cork coast, as The Irish Times reports.

Speaking at the Irish-based oil and gas company's AGM earlier this week, CEO Tony O'Reilly also urged interested parties to hold off on any public speculation over the deal, which chairman Brian Hillery said was "taking much longer to achieve" due to "the current environment".

"It's not a question of getting a deal, it's getting the right deal," he told shareholders. "Rest assured the farm-out remains the main priority of the company."

That wasn't enough to quell some shareholders' displeasure, however, with one taking Providence to task over the drastic fall in its share price over the last 12 months - in part a result of alleged setbacks to the south coast prospect in January.

The Irish Times has much more on the story HERE.

Published in Coastal Notes

#Oil - News that the Barryroe prospect off the south coast requires a new appraisal well at a cost of some €30 million sent shares in Providence Resources tumbling on the Dublin market as trading opened today.

But the Irish oil and gas firm says there has been no setback to its plans for the oil field and "no material change" to its status, as The Irish Times reports.

And the company says it remains in discussions with "major Asian, European and North American oil companies" to tap Barryroe as a collaborative venture that's expected to be worth billions to the Irish economy.

Shares fell 9% this morning following a Sunday Times article that suggested Providence would seek funds from shareholders for new drilling in the Celtic Sea prospect.

Published in Coastal Notes

#Oil - Fastnet Oil & Gas has executed its exclusive option agreement to farm into its Deep Kinsale Prospect beneath the Kinsale Head Gas Field.

The option agreement with Petronas subsidiary Kinsale Energy is confined to geological formations below 4,000 feet subsea. Fastnet will conduct a 3D seismic survey over 500 sq km in the Celtic Sea prospect by the end of the year as well as complete necessary geological and engineering studies.

The agreement also gives Fastnet an exclusive option to test the geologically similar Purbecko-Wealden reservoirs productive in Barryroe, a prospect that has proven a bounty for Providence Resources.

Fastnet chair Cathal Friel said: "We are delighted to have added an exclusive option to farm into and potentially drill the Deep Kinsale Prospect in 2014.

"It represents an attractive addition to our Irish portfolio as we have long held a belief that Deep Kinsale offers the potential to yield up another significant hydrocarbon discovery offshore Ireland. This belief has been further strengthened by the successful appraisal of Barryroe in 2012, which is geologically analogous to Deep Kinsale.

"We greatly look forward to working in close cooperation with our colleagues at Kinsale Energy, as we collectively seek to de-risk the prospect for drilling."

As previously reported on Afloat.ie, Fastnet Oil & Gas announced in December its plans to spend more than €20 million on the Celtic Sea's biggest ever seismic study on blocks off the south coast which were drilled in the 1980s and later abandoned.

New techniques in the oil industry are now allowing previously unviable resources to be extracted, as fellow prospectors Petrel Resources are planning to do off the Kerry coast.

Published in Coastal Notes

#OIL - Fastnet Oil & Gas will spend more than €20 million on the Celtic Sea's biggest ever seismic study, the Irish Independent reports.

The company was recently awarded two blocks in the waters south of Ireland which were drilled in the 1980s and subsequently abandoned.

But new techniques in the oil industry are allowing previously unviable resources to be extracted - as Petrel Resources are planning to do off the Kerry coast, following the discovery of enormous oil reserves in the Porcupine Basin.

And the Celtic Sea in particular has already attracted attention after Providence Resources announced its discovery of oil reserves at its Barryroe prospect potentially worth billions of euros.

Fastnet Oil, chaired by Cathal Friel, is currently in discussions with major oil groups with a view to sharing the costs of the seismic survey.

Published in Coastal Notes

#COASTAL NOTES - Oil exploration company Petrel Resources has identified a number of new targets off the southwest coast of Ireland as it seeks bigger partners for its venture.

The Irish Times reports that the Dublin-based firm was awarded licensing options over 1,400 sq km of the Porcupine Basin or Porcupine Blight in the Atlantic Ocean, west of Dursey Island in Co Kerry.

It has since completed two phases of work in the area, and says technical studies of its blocks in the northern and eastern parts of the basin, where is is testing for the presence of reservoir sands, were "encouraging".

The announcement comes following the success of Providence Resources' prospect in the Celtic Sea off the south coast.

As previously reported on Afloat.ie, the Barryroe field may deliver in excess of 2 billion barrels of oil, a flow expected to be worth billions of euro to the Irish economy in future years.

The Irish Times has more on the story HERE.

Published in Coastal Notes

#COASTAL NOTES - The Barryroe field off the south coast of Cork may deliver even more oil than previously anticipated, according to the latest surveys.

The Irish Times reports that Providence Resources has completed an evaluation of its Celtic Sea prospect which indicates that the Lower Wealden and Purbeckian areas could hold an "encouraging" yield of 778 million barrels.

The oil firm's tectnical director told the paper that the focus would remain on the Middle and Basal Wealden sands following its appraisal wells drilled over the spring and summer.

As previously reported on Afloat.ie, seismic data and results from six test wells on the Barryroe site led experts to estimate that the oil field contains as much as 1.6 billion barrels in total - four times as much as previous projections.

The oil flow is expected to be worth billions of euro to the Irish economy over a number of years.

The latest news "further reinforces the prospectivity of the area" according to Davy Stockbrokers, who added that "it also suggests that Barryroe will not be the only development of Purbeckian oil in the Celtic Sea".

Published in Coastal Notes

#COASTAL NOTES - Providence Resourses has announced that its Barryroe oil field off the south coast may be as much as four times larger than anticipated, according to The Irish Times.

Afloat.ie previously reported on the Irish mineral exploration group's discovery in April this year, when the company confirmed the presence of light oil with an appraisal well at the site in the north Celic Sea.

Then on 15 March the firm announced that oil had begun to flow successfully from the Barryroe structure at a rate that could be worth billions of euro to the Irish economy.

The latest news suggests it could be worth even more over a longer period of time, as data compiled from six test wells on the site along with seismic data have led experts to estimate the field contains between 1 and 1.6 billion barrels of oil.

“It is clear that Barryroe is a substantial oil accumulation across multiple stacked horizons with much running room for further resource growth," said Providence chief executive Tony O'Reilly Jr.

The company also expects to begin explorations off Dalkey Island in Co Dublin by the end of the year, pending approval of its foreshore permit.

The so-called 'Dalkey Island prospect' has sparked much debate about its potential risks and benefits among the local community.

Published in Coastal Notes
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Royal Irish Yacht Club - Frequently Asked Questions

The Royal Irish Yacht Club is situated in a central location in Dun Laoghaire Harbour with excellent access and visiting sailors can be sure of a special welcome. The clubhouse is located in the prime middle ground of the harbour in front of the town marina and it is Dun Laoghaire's oldest yacht club. 

What's a brief history of the Royal Irish Yacht Club?

The yacht club was founded in 1831, with the Marquess of Anglesey, who commanded the cavalry at the Battle of Waterloo being its first Commodore. 

John Skipton Mulvany designed the clubhouse, which still retains a number of original architectural features since being opened in 1851.

It was granted an ensign by the Admiralty of a white ensign with the Coat of Arms of the Kingdom of Ireland beneath the Union Jack in canton.

Many prominent names feature among the past members of the Club. The first Duke of Wellington was elected in 1833, followed by other illustrious men including the eccentric Admiral Sir Charles Napier, Sir Dominic Corrigan the distinguished physician, Sir Thomas Lipton, novelist, George A. Birmingham, yachtsman and author, Conor O'Brien, and famous naval historian and author, Patrick O Brian. 

In the club's constitution, it was unique among yacht clubs in that it required yacht owners to provide the club's commodore with information about the coast and any deep-sea fisheries they encountered on all of their voyages.

In 1846, the club was granted permission to use the Royal prefix by Queen Victoria. The club built a new clubhouse in 1851. Despite the Republic of Ireland breaking away from the United Kingdom, the Royal Irish Yacht Club elected to retain its Royal title.

In 1848, a yachting trophy called "Her Majesty's Plate" was established by Queen Victoria to be contested at Kingstown where the Royal Irish Yacht Club is based. The Lord-Lieutenant of Ireland at the time, George Villiers, 4th Earl of Clarendon suggested it should be contested by the Royal Irish Yacht Club and the Royal St. George Yacht Club in an annual regatta, a suggestion that was approved by both clubs with the Royal St. George hosting the first competitive regatta.

The RIYC celebrated its 185th Anniversary in 2016 with the staging of several special events in addition to being well represented afloat, both nationally and internationally. It was the year the club was also awarded Irish Yacht Club of the Year as Afloat's W M Nixon details here.

The building is now a listed structure and retains to this day all its original architectural features combined with state of the art facilities for sailors both ashore and afloat.

What is the Royal Irish Yacht Club's emblem?

The Club's emblem shows a harp with the figure of Nice, the Greek winged goddess of victory, surmounted by a crown. This emblem has remained unchanged since the foundation of the Club; a symbol of continuity and respect for the history and tradition of the Royal Irish Yacht Club.

What is the Royal Irish Yacht Club's ensign?

The RIYC's original white ensign was granted by Royal Warrant in 1831. Though the Royal Irish Yacht Club later changed the ensign to remove the St George's Cross and replace the Union Jack with the tricolour of the Republic of Ireland, the original ensign may still be used by British members of the Royal Irish Yacht Club

Who is the Commodore of the Royal Irish Yacht Club?

The current Commodore is Jerry Dowling, and the Vice-Commodore is Tim Carpenter.

The RIYC Flag Officers are: 

What reciprocal club arrangements does the Royal Irish Yacht Club have?  

As one of Ireland's leading club's, the Royal Irish Yacht Club has significant reciprocal arrangements with yacht clubs across Ireland and the UK, Europe, USA and Canada and the rest of the World. If you are visiting from another Club, please have with a letter of introduction from your Club or introduce yourself to the Club Secretary or to a member of management staff, who will show you the Club's facilities.

What car parking does the Royal Irish Yacht Club have at its Dun Laoghaire clubhouse?

The RIYC has car parking outside of its clubhouse for the use of its members. Paid public car parking is available next door to the club at the marina car park. There is also paid parking on offer within the harbour area at the Coatl Harbour (a 5-minute walk) and at an underground car park adjacent to the Royal St. George Yacht Club (a 3-minute walk). Look for parking signs. Clamping is in operation in the harbour area.

What facilities does the Royal Irish Yacht Clubhouse offer? 

The Royal Irish Yacht Club offers a relaxed, warm and welcoming atmosphere in one of the best situated and appointed clubhouses in these islands. Its prestige in yachting circles is high and its annual regatta remains one of the most attractive events in the sailing calendar. It offers both casual and formal dining with an extensive wine list and full bar facilities. The Club caters for parties, informal events, educational seminars, themed dinners and all occasions. The RIYC has a number of venues within the Club each of which provides a different ambience to match particular needs.

What are the Royal Irish Yacht Club's Boathouse facilities?

The RIYC boathouse team run the launch service to the club's swinging moorings, provide lifting for dry-sailed boats, lift and scrub boats, as well as maintaining the fabric of the deck, pontoon infrastructure, and swinging moorings. They also maintain the club crane, the only such mobile crane of the Dun Laoghaire Yacht Clubs.

What facilities are offered for junior sailing at the Royal Irish Yacht Club?

One of the missions of the Royal Irish Yacht Club is to promote sailing as a passion for life by encouraging children and young adults to learn how to sail through its summer courses and class-specific training throughout the year. 

RIYC has an active junior section. Its summer sailing courses are very popular and the club regularly has over 50 children attending courses in any week. The aim is for those children to develop lifelong friendships through sailing with other children in the club, and across the other clubs in the bay.
 
Many RIYC children go on to compete for the club at regional and national championships and some have gone on to represent Ireland at international competitions and the Olympic Regatta itself.
 
In supporting its young sailors and the wider sailing community, the RIYC regularly hosts junior sailing events including national and regional championships in classes such as the Optmist, Feva and 29er.
 
Competition is not everything though and as the club website states:  "Many of our junior sailors have gone on the become sailing instructors and enjoy teaching both in Ireland and abroad.  Ultimately, we take most pleasure from the number of junior sailors who become adult sailors and enjoy a lifetime of sailing with the club".