#DalkeyOilProspect – Providence Resources, who have been planning to explore for oil and gas in Dublin Bay, has surrendered its foreshore licence to the Department of the Environment, reports The Irish Times.
The Dublin based exploration company had planned to drill off the coast of Dalkey, in the Kish Basin.
In a statement this afternoon, the company said it made the decision to surrender the licence when it became clear that elements of an EU directive on environmental impact assessment (EIA) "were not transposed correctly in 1999 by the Irish Government". For more on this story click HERE.