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Many Irish names feature in Bahamas registry

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Extracts from an article by Colm Keena published by The Irish Times on 22 Sept 2016

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screen-shot-2016-09-23-at-21-22-23Shell E&P Ireland Offshore Inc associated with Corrib gas project

Two companies registered in the Bahamas and used by Dublin property investor Paul Fenelon for investments in the UK are among companies of Irish interest on the Corporate Registry of the Bahamas.

The registry, normally difficult to access, is being made publicly available by the International Consortium of Investigative Journalists (ICIJ), of which The Irish Times is a media partner.

Shell E & P Ireland Offshore Inc, a company with an address in Nassau, has had a number of Irish directors over the years, starting in 2000.  The company is associated with the Corrib gas project in Co Mayo.

FULL ARTICLE

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Extract

With estimates of a ‘potential of at least ten billion barrels of oil equivalent’[1] (oil or gas) said to exist offshore and onshore Ireland, questions about who owns and benefits from Ireland’s resources have arisen in recent years. The prolonged Corrib gas conflict and allegations of a ‘gas giveaway’ have also prompted many people to inform themselves about Ireland’s gas and oil.

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