Construction NewsConstruction Directory C-Tec
Leo OSullivan & Company Limited Lynch Plaster & Concrete Mouldings Becker Acroma Swords Auto[Traffic Management] Woodford Timber Products Construction Industry Training Board (CITB) Tradecraft H.B. The Mini Piling Company Limited Vision Signs & Glass Film Limited G.M.S Renewable Products The Blind & Awning Company Biofoam Spray Insulation Insignia Signs & Display Limited Haran Scaffolding & Plastering Services August BioPro Ireland Limited Fearon Fibreglass

Irish Industry News

21/08/2008

'Ambitious' Gas And CO2 Storage Off Dublin Bay Planned

A bold scheme is afoot to store million of tonnes of natural gas and carbon-dioxide (CO2) off Dublin Bay.

At the helm of the ambitious plans are Providence Resources, headed up by Tony O’Reilly Jnr, and Start Energy, who will commence an evaluation of Kish Bank basin project soon.

A three-year leasing option at the basin, which is located 20km east of Dublin bay, was recently awarded to the two firms by the Department of Energy.

The Kish Bank project, which has been dubbed 'Ulysses', stretches across eight blocks at the site.

The project also encompasses oil and gas exploration.

Mr O’Reilly has expressed hopes the project will eventually help to slash Ireland’s carbon footprint, and increase natural gas storage capabilities.

- - - - - - Advertisement - - - - - -
August BioPro Ireland Limited

He said the future of the project would be revealed within a year, when investigations at the Kish Bank basin were complete.

The Providence Resources boss said the partners want to see if they can "capture the CO2, pipe it and then inject it 1.5km into the earth".

"Providence has been evaluating various gas storage opportunities together with Star Energy since both companies entered into the Irish Gas Storage Memorandum of Understanding (MOU) in 2007.

"The Ulysses Project is particularly exciting for Providence given its proximity to the city of Dublin, with its large carbon footprint.

"If successful, we hope that the Ulysses Project may contribute to reducing Ireland's carbon footprint as well as possibly increasing its natural gas storage capacity, both of which have been identified by the Irish Government as strategic national energy objectives," said Mr O’Reilly.

An assessment will take place to establish whether the sandstone reservoirs, beneath the Kish Bank, can be used for carbon sequestration.

Roland Wessel, Chief Executive at Star, said the project "has the potential to be the first successful offshore carbon sequestration project in both Ireland and the UK".

Norwegian oil company Statoil Hydro has operated a similar offshore CO2 sequestration project, known as Sleipner, in the North Sea since 1996.

(PR/NS)
Bookmark and Share

Top Stories
17/04/2014
Builders Want To Build - CIF
17/04/2014
Gloucester Composites Enters A New Era Under The Tricel Banner
17/04/2014
Call For Irish Rail To Postpone Maintenance Work
17/04/2014
New Future For Shannon
17/04/2014
Options For NAMA's Future Should Be Made Independently - Doherty
17/04/2014
Independent Enquiry Into Policing Of Corrib Gas Project Welcomed
17/04/2014
Govt Accused Of Playing Political Games Over Water Charges
17/04/2014
'Living Places' Shortlisted For RTPI Award For Planning Excellence
16/04/2014
Lo Calls For Action On Climate Change
16/04/2014
Call For National Debate On Ireland's Energy Policy
Construction News Archive
Submit News Story
Editorial Staff
home
UK Construction Industry News
Builders Want To Build - CIF
Gloucester Composites Enters A New Era Under The Tricel Banner
Call For Irish Rail To Postpone Maintenance Work
New Future For Shannon
Options For NAMA's Future Should Be Made Independently - Doherty
Independent Enquiry Into Policing Of Corrib Gas Project Welcomed
Govt Accused Of Playing Political Games Over Water Charges
'Living Places' Shortlisted For RTPI Award For Planning Excellence
Lo Calls For Action On Climate Change
Call For National Debate On Ireland's Energy Policy
Byrne Welcomes EPA Report
New Multi Use Games Area Opens In Dublin
Subscribe to email news

national News
Cork Waste Firm Staff Stage Sit-In Protest
'Beef Summit' Being Held At Dublin Castle
Justice Committee Calls For State To Recognise Traveller Ethnicity
Govt Accused Of 'Half-Baked' Health Care Proposals
Draft Bill To Expand Ombudsman's Remit Published
Statement By Taoiseach On Seanad Éireann Approval Of Draft Bill
Govt Agree Publication Of Free Children's GP Care Legislation
Taoiseach Launches National Framework For Children And Young People
Environment Minister Urged To 'Stop Ignoring' Kerry Water Crisis
Sinn Féin Slam Water Charges As "Unfair And Unjust"
New Multi-Use Games Area Officially Opened In Dublin
Minister Pushes Forward On Sunbed Ban
Teenager Drowns In Dublin Reservoir
Other News In Brief
Construction News Archive
download the build app from the app store
Keystone Ireland Online Paper
Traffic is ABC certified
ppa.co.uk
Lampost Construction House Of Stone CPI Foam Ltd. Hertalan (Ireland) Ltd K - Scroll Ltd JNC Water Services Rota Contracts Ltd MMA Joinery Specialists Ace Fixings Pickerings Lifts Limited Lakeland Renewable Limited C & S Sheds Hoist Equipment Suppliers Steeltech Sheds Limited Glass Block Co Reisser Ireland
Flogas Ireland
Flagship Media Group Ltd
Unit C3, 6 Westbank Drive, Belfast,
BT3 9LA, Northern Ireland
Tel (+44) 28 9031 9008
Contact : Click here
Website Terms and Conditions

keycons003 / keycons003x17 21/04/2014 06:18:31 / A3 / B8 / 0.015625, 54.204.215.209 / BOT1

'Ambitious' Gas And CO2 Storage Off Dublin Bay Planned - A bold scheme is afoot to store million of tonnes of natural gas and carbon-dioxide (CO2) off Dublin Bay.