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Displaying items by tag: 'Dalkey Island' prospect

#'DALKEY ISLAND' PROSPECT – In response to a proposed exploratory search for oil and gas operation by Providence Resources off Dalkey Island, Co. Dublin, as previously reported on Afloat.ie, a public meeting is to be held by Dalkey Community Council next week, writes Jehan Ashmore.

The meeting to be held next Tuesday in Dalkey Town Hall (at 7.30 p.m.) is to discuss the Providence venture, named 'Dalkey Island' prospect, in reference to the island off the south-side suburb. The island and the coast along Dalkey is geographically the nearest landfall to where the proposed 'jack-up' drill rig would operate in block (33/21) in the Kish Bank Basin.

An online petition (see www.protectourcoast.net)  by campaigners, entitled 'Protect Dublin Bay, Dalkey Island and Killiney Bay from Large Oil Drill 2012', has already gained large support, including signatures from overseas. They are in protest over Providence Resources application for a foreshore license which has been lodged with the Department of Environment.

Providence Resources propose to drill a single borehole for the exploratory well which is likely to be in an area only 6kms offshore of the Dalkey coastline. The island is designated a Special Protection Area (SPA) and notably where there have been sightings of bottlenose dolphins in neighbouring Killiney Bay.

Should the oil be commercially viable, the benefits of becoming self-sufficient and security of supply would be of significant economic benefit to Ireland. To date 100% of the country's oil and 95% of its gas is currently imported, and yet most of Ireland's natural resources are unexplored, according to Providence Resources.

Exploration is an expensive exercise and has no guarantee of discovery while the timeframe from discovery to production can typically take five to seven years.

"Yet," say Providence Resources, "the implications of discovering and utilising such a natural resource, and potentially becoming self-sufficient in energy terms, would be of significant economic benefit for Ireland Inc. in terms of taxation, employment, security of supply and skills development."

To read more information about Dalkey Island Prospect from Providence Resources, with maps, montages (including views from White Rock Beach) newsletters and video presentation visit www.providenceresources.com/dalkeyisland.aspx

Published in Coastal Notes

About Marine Technology

Marine technology, as defined by the European association WEGEMT, refers to the use of technology for ensuring the safe use, exploitation, protection of, and intervention in, the marine environment. This includes a wide range of technologies that support naval architecture, marine engineering, ship design, ship building, and ship operations.

In addition to these foundational technologies, marine technology also encompasses oil and gas exploration, exploitation, and production, hydrodynamics, navigation, sea surface and sub-surface support, underwater technology and engineering, marine resources (including both renewable and non-renewable marine resources), transport logistics and economics, inland, coastal, short sea and deep sea shipping, protection of the marine environment, and leisure and safety.

The importance of marine technology cannot be overstated. With over 70% of the earth's surface covered by water, the marine environment plays a critical role in our lives. From transportation to energy production, marine technology enables us to harness the immense potential of the oceans while minimizing the impact on the environment.

Moreover, the development of marine technology is crucial for the sustainable use of marine resources. As the demand for seafood and other marine products continues to grow, the sustainable management of these resources becomes increasingly important. Marine technology can help us to achieve this by providing innovative solutions for sustainable fishing, aquaculture, and other forms of marine resource management.

In Ireland, claims are made that the island country "has the potential to be the “Silicon Valley” of the aquatech world". Ireland is at a very exciting stage when it comes to aquatech. There are currently 62 aquatech companies operating here, all using technology to enable sustainable seafood farming at a time when the sector is facing many challenges.”

Ireland’s growing expertise in the developing aquatech sector means it has the potential to become a global leader in the field, with Irish aquatech companies turning over €200m last year.

Over €15m has been invested in aquatic businesses, and over 200 high-tech jobs have been created in the sector over the last six years.

In conclusion, marine technology is a vast and rapidly evolving field encompassing a broad range of technologies and applications. As we continue to explore and exploit the potential of the oceans, marine technology will play an increasingly important role in ensuring the safe and sustainable use of these resources.