“Our industry is committed to delivering resources to support energy security and play a constructive role in Ireland’s transition to a low carbon society, … energy security should be a serious concern for all Irish policy makers”
15 January 2021 – The Irish Offshore Operators’ Association (IOOA), the representative organisation for the Irish offshore oil and gas industry, announces the appointment of Alan Linn as its Chairperson. Mr Linn is the Chief Executive Officer of Providence Resources PLC which is an Irish resources company focused upon developing and producing offshore oil and gas resources in Ireland. Mr Linn will work with IOOA members – companies licensed by the Irish Government to explore for and produce oil and gas in Irish waters – leading an engagement programme to further a multi-stakeholder, evidence-based conversation about Ireland’s energy future.
Commenting on the appointment, Mr Linn said “In shaping a structured national energy policy and a plan to transition to a low carbon future, we believe that a scientifically informed, evidence-based conversation is essential. I am looking forward to working with Ireland’s offshore industry and other key stakeholders in advancing crucial energy related issues for Ireland, including the environment, energy security, employment, and carbon capture”.
IOOA Energy Security Review
The process of evaluating and understanding Ireland’s capacity to meet its increasing energy needs is essential. IOOA is contributing to this debate by publishing an Energy Security Review today. Commenting on the review Mr Linn said “We are publishing this assessment while we await the Government’s own Security of Supply report, which is not due to be completed and published until 2022. This delay is significant given the recent surge in energy demand which has led to a number of warnings from our electricity system operators.
For too long key decisions about where Ireland gets its energy from have been decided in an information vacuum. This IOOA paper has been furnished to key decision makers and we expect it will contribute to the debate on energy supply; it is a serious issue which all policy makers must now consider”. (link)
Setting out the industry priorities for 2021 Mr Linn continued “Working together, our members will endeavour to make a valuable contribution to the national energy dialogue and play an important role in the development of the Irish offshore industry and Ireland’s sustainable energy future.
Through IOOA’s engagements with national and regional stakeholders we will demonstrate the role Irish oil and gas has to play in our evolving society and economy. The State has guaranteed to progress the existing offshore licences issued to our members in previous licencing rounds. We remain dedicated to promoting and facilitating Government and regulatory support for infrastructure led exploration, ensuring existing infrastructure at Corrib, Kinsale and Barryroe are optimised. To facilitate such developments, we will work with regulators to develop more efficient and transparent permitting processes. In addition, and in line with our industry’s commitment to the transition toward a lower carbon society, we will actively promote the development of enabling legislation and supports in the areas of CCS and Hydrogen with policy makers and at official level”.
Founded in 1995, the Irish Offshore Operators’ Association (IOOA) is the representative organisation for the Irish offshore oil and gas industry. Its members are companies licensed by the Government to explore for and produce oil and gas in Irish waters. The Association also provides a focal point for liaison between companies participating in Ireland’s oil and gas industry and other stakeholders and organisations, such as the fishing industry, environmental bodies, regulatory authorities, and Government.
The oil and gas industry is a significant contributor to the Irish economy. In total €18.5 million has been delivered to the State in the past five years from current licences, and fiscal terms are such that licensed companies pay 25% corporation tax plus a petroleum production tax. Larger exploration efforts may result in more discoveries which would generate larger economic gains. A recent report commissioned by IOOA and carried out by PwC demonstrated that the sector could create over 1,500 jobs annually and deliver tax revenue of almost €11bn for the Irish economy For further information, see: https://www.iooa.ie/value-of-the-indigenous-oil-and-gas-industry-to-ireland/
Alan Linn Biography
Mr Alan Linn has a degree in Chemical Engineering from Strathclyde University and is a Fellow of the Institution of Chemical Engineers. Following 10 years downstream oil refining experience with ExxonMobil, Alan transferred to the upstream with Exxon and trained in reservoir engineering in the North Sea and Gulf of Mexico. Alan moved into the independent O&G sector working in international operations for LASMO in Pakistan and Venezuela. Following the sale of LASMO, Alan joined Cairn Energy as Country Manager for India. During his tenure, Cairn discovered the Mangala Field in Rajasthan, a waxy oil field and the largest oil discovery in the world in 2004. The field shares many characteristics with Providence Resources Barryroe Oil and Gas Field, offshore Cork. On leaving Cairn Energy, Alan continued working internationally in a number of roles with independent oil and gas companies, including Tullow. Alan joined Roc Oil in 2008 and was appointed CEO in 2010. Following a business restructure which included the successful expansion of the business into field developments in Malaysia and China and reduced exposure to exploration, ROC Oil was sold a Chinese investor 2014. Alan joined Afren as CEO in 2014 working with shareholders and investors to restructure business funding. Following the administration of the business Alan remained in place with a small team working to maximise recovery for investors. Alan joined Third Energy Onshore in 2017 as COO then CEO. Following the sale of the business in July 2019 Alan remained with the business to support a stable transition to the new owners. Alan left Third Energy in December 2019.