The Manx government is seeking expressions of interest to undertake 3D seismic studies in the Isle of Man’s territorial sea in order to provide further data on potential reserves of hydrocarbons (predominantly natural gas).
This is in advance of a hydrocarbon licence round which the Department of Economic Development will be conducting to allow oil and gas companies to prospect for hydrocarbon reserves believed to be contained in the seabed in the Isle of Man territorial sea.
The Isle of Man Government owns the seabed up to 12 miles and all the hydrocarbon resources below the seabed.
Details of the Expression of Interest can be found {https://www.gov.im/categories/business-and-industries/expressions-of-interest/|here.}