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Shell confirms technical readiness of Corrib Gas Development
This is an important milestone which signals the end of the project development phase and is a further step towards the commencement of full operations.
There are a number of regulatory steps remaining to be completed before production can begin and the company is working with the authorities to ensure these are concluded appropriately.
Commenting on this significant step for the Corrib development, Ronan Deasy, Managing Director of Shell Ireland said: “This important milestone has been achieved through the hard work and dedication of very many people over an extended period. We are moving closer to the day when we will commence full field operations and Corrib gas will come on-stream.”
“We await the necessary approvals from the regulatory authorities and look forward to delivering gas and the many long-term benefits that will flow from Corrib both to the West and to Ireland in the years ahead,” he said.
Notes to Editors:
- The Corrib gas field was discovered in 1996 and is located 83km off the North West Mayo Coast. The field contains an estimated 1 trillion cubic feet of gas.
- At peak production, Corrib has the potential to meet up to 60% of Ireland’s gas needs.
- More than 6,000 people have worked on the Corrib Gas Project in North Mayo since 2004 making it Ireland’s largest ever energy investment.
- Over €1.1 billion has been spent with 300 world-class Irish contractors, sub-contractors and consultancies.
- The Corrib gas field will sustain 175 high quality long term jobs for the next 15-20 years.
- The Corrib Gas Partners are Shell E&P Ireland Limited (45% and operators), Statoil Exploration Ireland Limited (36.5%) and Vermilion Energy Ireland Limited (18.5%).
- For further information please visit www.shell.ie