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The Corrib gas field contributes up to 29% of Ireland's natural gas consumption

Revenues at Corrib Gas operator Vermilion dipped 6.7%

Revenues at Corrib Gas operator Vermilion's 'high margin' Irish business last year dipped by 6.7% to €205.1m.

The gas produced from Corrib represents 100% of Ireland's domestic production of natural gas.

Revenues soar by 51% at Corrib Gas field operator

Record European gas prices during last Summer contributed to revenues recorded by Vermilion Energy from its Corrib Gas field operation increasing by 51% to €222.2m in 2022.

Business • 09 Mar 23

Record gas prices lift Corrib owner's revenues to €190m

Record European gas prices during the Summer ensured that revenues recorded by Vermilion Energy from the Corrib Gas field for the first nine months of this year have more than doubled to $259.9m Canadian dollars or €190m.

Business • 11 Nov 22

Equinor Energy Ireland Ltd received a corporate tax credit of €89.17m on its 2021 profits from Corrib Gas

Norway energy firm sees soaring profits from Corrib Gas

The Irish unit of a Norwegian owned energy firm last year enjoyed soaring pre-tax profits of €289.8m from its share in the Corrib Gas Field - and paid no corporation tax.

Business • 29 Sep 22

The Corrib natural gas field currently provides about 30% of the country's annual natural gas needs

Feasibility study on renewable energy hub at Corrib

The owners of the Corrib gas field in Co Mayo said the field can produce into the mid-2030s and beyond, subject to substantial additional investment in the existing infrastructure.

Business • 30 Aug 22

Gas Networks Ireland said our gas supply will be met by indigenous supply from the Corrib gas field and via the interconnection with the UK

No disruption expected to gas supply summer forecast

Despite the ongoing war in Ukraine, it is expected that restrictions on the importation of Russian gas to the EU will not significantly impact on gas supply to Ireland.

Business • 02 Jun 22

First gas was processed at a terminal in Bellinaboy in late 2015

Royal Dutch Shell completes Corrib share sale

The oil company Royal Dutch Shell has completed the sale of its shares in the Corrib gas field off the north Mayo coast.

Connacht • 30 Nov 18

Shell's share of Corrib Gas output amounts to the equivalent of around 27,000 barrels of oil a day

Shell faces $900m loss on Corrib Gas Field investment

Oil company Royal Dutch Shell lost almost €800m on its investment in the Corrib Gas Field, from which it is now planning to exit.

Business • 12 Jul 17

Corrib Gas Field