Europe / Caspian / CIS

Ireland flag
Summary | Profile

Country profile: Ireland

Location: Western Europe, occupying five-sixths of the island of Ireland in the North Atlantic Ocean, west of Great Britain
Climate: temperate maritime; modified by North Atlantic Current; mild winters, cool summers; consistently humid; overcast about half the time
Terrain: mostly level to rolling interior plain surrounded by rugged hills and low mountains; sea cliffs on west coast
Size: 70280 sq. km total (Land area: 68890 sq. km  Water area: 1390
Population: 4,156,119 (July 2008 est.)
Languages: English (official) is the language generally used, Irish (Gaelic or Gaeilge) (official) spoken mainly in areas located along the western seaboard
Government: republic, parliamentary democracy
Capital city: Dublin
Legal system: based on English common law, substantially modified by indigenous concepts; judicial review of legislative acts in Supreme Court; has not accepted compulsory ICJ jurisdiction
Currency: euro (EUR)

Country profile

Celtic tribes arrived on the island between 600-150 B.C. Invasions by Norsemen that began in the late 8th century were finally ended when King Brian BORU defeated the Danes in 1014. English invasions began in the 12th century and set off more than seven centuries of Anglo-Irish struggle marked by fierce rebellions and harsh repressions. A failed 1916 Easter Monday Rebellion touched off several years of guerrilla warfare that in 1921 resulted in independence from the UK for 26 southern counties; six northern (Ulster) counties remained part of the UK.

In 1949, Ireland withdrew from the British Commonwealth; it joined the European Community in 1973. Irish governments have sought the peaceful unification of Ireland and have cooperated with Britain against terrorist groups. A peace settlement for Northern Ireland is being implemented with some difficulties. In 2006, the Irish and British governments developed and began to implement the St. Andrews Agreement, building on the Good Friday Agreement approved in 1998.

Energy production and consumption

Oil Gas
Production:   546 million cu m (2005 est.)
Consumption: 192,000 bbl/day (2005 est.) 3 billion cu m (2005 est.)
Exports: 23,360 bbl/day (2005 est.)  
Imports: 204,400 bbl/day (2005 est.) 3 million cu m (2005 est.)
Reserves:   9 billion cu m (1 January 2006 est.)
Major fields:

Ireland - recent news

05 Aug 20
Ireland: Renewable auction delivers cleaner, cheaper, power for Ireland
Nineteen new wind farms won contracts under the new Renewable Electricity Support Scheme according to provisional results which also showed wind energy prices falling sharply.
31 Jul 20
Ireland: Providence Resources announces Barryroe farmout update
Providence Resources is progressing farm out discussions with SpotOn Energy on Exploration Licence SEL1/11, which includes the Barryroe oil and gas field. Providence has released details of the consortium members involved in the Barryroe development programme.
20 Jul 20
Ireland: Providence Resources announces Barryroe farmout update
Providence Resources is progressing farm out discussions with SpotOn Energy on Exploration Licence SEL1/11, which includes the Barryroe oil and gas field. SpotOn Energy has confirmed that binding term sheets are now in place with the six consortium members participating in the Barryroe field appraisal and development project.
26 Jun 20
Lansdowne Oil & Gas announces results for the year ended 31 December 2019
Lansdowne Oil & Gas has announced its audited results, for the year ended 31 December 2019. The Company, along with operator Providence Resources, is conducting a new farmout process with regard to its Barryroe (SEL 1/11) licence in the North Celtic Sea Basin, offshore Ireland.
11 Jun 20
Ireland: Europa Oil & Gas acquires offshore Ireland licence in proven gas play
Europa Oil & Gas has announced the conditional acquisition of a 100% interest in Frontier Exploration Licence (‘FEL’) 3/19, offshore Ireland, from DNO. Acquiring FEL 3/19, which is located close to the ~1tcf producing Corrib gas field in the Slyne basin, will add the 1.2 tcf Edge prospect to Europa’s inventory in Ireland.

Ireland - more news

Other countries in this region

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Subscriber Only Deals

Current Deals

Current Upstream Deals: 361

Completed Deals

Completed Upstream Deals: 5520

Company Profiles

Current Company Profiles: 2730

Corporate Activity

Current Corporate Activity articles: 3517

Companies Looking

Current number of articles: 440

Company Sales

Current Company Sales articles:1426


Current Geostudies articles: 742

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

KL Publishing
Government of South Australia
Rose & Assocs 149
SLR Consulting logo
Union Jack Oil 149
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675