Search results for: provides

82789 results

A list of search results

  • 4 October 2018
    Business & Finance

    Irish oil and gas exploration company Providence Resources has appointed a new senior independent director.

  • 28 December 2018
    Project & Tenders

    Providence Resources has made progress on key operational contractual arrangements for its planned multi-well Barryroe drilling program offshore Ireland, which is scheduled to start in 3Q 2019.

  • 15 May 2017
    Business & Finance

    Irish oil and gas exploration company Providence Resources has appointed a new non-executive director to its board of directors with effect from June 1, 2017. Providence said on Monday that the exploration director and main board director of Tullow Oil, Angus McCoss, was named as the company’s non-executive director. According to Providence, McCoss joined Tullow […]

  • 12 July 2017
    Exploration & Production, Project & Tenders

    Irish oil and gas company Providence Resources has started drilling operations on the 53/6-A exploration well program offshore Ireland.  The well is located in the Frontier Exploration Licence (FEL) 2/14, in the southern Porcupine Basin. The license is operated by Providence Resources (56%) on behalf of its partners Capricorn Ireland Limited (a subsidiary of Cairn Energy, […]

  • 28 March 2018
    Business & Finance

    Providence Resources and its partner Lansdowne Oil & Gas have agreed to farm-out a 50% working interest in SEL 1/11 license offshore Ireland, which contains the Barryroe field, to a Chinese consortium.

  • 4 December 2015
    Business & Finance

    Irish oil and gas exploration company Providence Resources will increase its equity stake to 100% in Standard Exploration Licence (SEL) 2/11, located offshore Ireland.

  • 9 January 2020
    Business & Finance

    Irish oil and gas company Providence Resources has appointed a new chief executive officer (CEO) with immediate effect.

  • 9 August 2019
    Project & Tenders

    Irish oil and gas company Providence Resources has received permission from Irish authorities to undertake a site survey at its operated Barryroe project located offshore Ireland.

  • 29 September 2017

    Irish explorer Providence Resources and its partner Sosina have received a final payment from Total for a previously announced exclusive farm-in option for an acreage offshore Ireland. As previously reported, Total in June agreed with Providence on having an exclusive option regarding the Frontier Exploration Licence 2/14, 220 kilometers off the south west coast of […]

  • 27 September 2016
    Business & Finance

    Providence Resources, an Irish oil and gas exploration company, has appointed Patrick Plunkett as a non-executive chairman, effective from October 1, 2016. The company said on Tuesday that Plunkett would replace James McCarthy, a non-executive chairman of Providence from May 2015 to October 1, 2016. McCarthy will step down as non-executive chairman but has agreed […]

  • 13 April 2016
    Exploration & Production

    An appeals court in London has issued a final ruling in a case between the Irish oil and gas exploration company Providence, and Transocean, one of the world’s largest offshore drilling contractors.  The dispute began in 2012 when Transocean laid a claim for Providence to pay $19 million in outstanding dayrates for the use of […]

  • 13 April 2016
    Exploration & Production

    Irish oil and gas company Providence Resources has requested a temporary suspension in trading of its shares on in London (AIM) and (ESM) in advance of a final court decision regarding a dispute with Transocean. The oil company in 2014 won a case against Transocean Drilling UK Limited, related to certain cost claims made by Transocean […]

  • 2 March 2017
    Business & Finance

    Members of the Providence Working Waterfront Alliance yesterday testified before the House Committee on Finance in strong support of Budget Article 16, Section 4. According to the Working Waterfront Alliance’s release, this legislation would appropriate $10.5 million for the construction of a new Confined Aquatic Disposal (CAD) Cell critical to the upcoming maintenance dredging of […]

  • 28 March 2018
    Business & Finance

    The R.I. Coastal Resources Management Council (CRMC) has awarded funding for nine habitat restoration projects in the 14th round of its RI Coastal and Estuarine Habitat Restoration Trust Fund (CEHRTF). The Council approved the funding at the February 27 semi-monthly meeting in Providence. As with the previous two years, in its request for proposals the […]

  • 20 July 2018

    Irish oil and gas explorer Providence Resources is excited about the seismic survey results at the FEL 3/04 license offshore Ireland.

  • 21 September 2017
    Project & Tenders

    Irish oil and gas company Providence Resources has decided to push forward drilling plans of the Barryroe oil discovery offshore Ireland, despite the farm-in talks not progressing as planned. Barryroe lies in standard exploration license (SEL) 1/11 operated by Providence’s wholly owned subsidiary Exola DAC that holds 80 percent interest, with Lansdowne Celtic Sea Limited […]

  • 28 December 2017
    Project & Tenders

    Providence Resources is on track to secure another partner for its SEL 1/11 license off Ireland which contains the Barryroe oil discovery ahead of a multi-well program. 

  • 13 July 2017

    Providence Resources, an Irish oil and gas exploration company, has been granted an extension for its Standard Exploration Licence (SEL) 1/11, offshore Ireland. The license which contains the Barryroe oil accumulation is operated by Providence’s wholly owned subsidiary Exola DAC that holds 80 percent interest, with Lansdowne Celtic Sea Limited holding the remaining 20 percent interest. […]

  • 12 September 2019
    Business & Finance

    Due to delays by its Chinese partner APEC with sending a promised loan, Irish Providence Resources is working to raise about $3.76 million amid an urgent need for additional working capital. 

  • 10 September 2019
    Project & Tenders

    Irish Providence Resources still has not received any funds promised by Chinese APEC for survey activities over its Barryroe prospect located offshore Ireland, but the survey activities have continued and now the first part has been completed.

  • 3 September 2019
    Project & Tenders

    Providence Resources still has not received APEC’s loan to cover the costs of a survey over its Barryroe oil accumulation offshore Ireland. Providence has granted APEC another extension, but it is now considering legal remedies against the company due to its contract non-performance. SEL 1/11 is operated by EXOLA (40%), a wholly-owned Providence subsidiary, on […]

  • 1 February 2019
    Exploration & Production

    COSL Drilling’s semi-submersible drilling rig COSL Innovator has been nominated as the rig to drill at the Barryroe oil accumulation located in the North Celtic Sea offshore Ireland. Providence Resources, the Ireland-based company whose subsidiary Exola operates the license containing the Barryroe prospect said on Wednesday:”…the Barryroe Partners can now confirm that COSL have nominated […]