Providence fails in Barryroe drilling appeal

Offshore staff

DUBLIN, IrelandProvidence Resources has issued an update on its application to the Supreme Court of the United Kingdom.

The company sought permission to appeal the Court of Appeal decision handed down on April 13 concerning prior litigation between Providence and Transocean Drilling U.K.

This arose from the use of the semisubmersible drilling rig Arctic III on the Barryroe oil field offshore southern Ireland during 2011-12.

The Supreme Court has ruled that permission to appeal be refused as the appeal does not raise a point of law of general public importance.

Tony O’Reilly, CEO of Providence Resources, said: “With this final legal matter now decided, litigation between the parties is ended.

“With this matter behind us, we will continue to develop our very significant portfolio of assets offshore Ireland, with a particular focus on the farm-out processes for Barryroe and Spanish Point as well as our preparations for the planned drilling of Druid in 2017.”


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Selection, Use, Care and Maintenance of FR Clothing

For industries operating in an inherently dangerous environment, the importance of selecting the ...

Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...

Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

What are you doing to reduce unplanned downtime at your plant? Equipment breakdowns and process i...

A Traders Guide to Analysis and Research

An e-book dedicated to helping you improve your analysis by looking at RBOB futures performance. ...