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Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:19Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:19 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenThe 6 best coastal homes that have sold01:19 “The real attraction was the position and the uninterrupted skyline views,” he said.“A local buyer looking to build a family home down the track bought it.“They’ll hold onto it and then look at rebuilding. It was an outstanding price for the river considering it was a knockdown.”Mr Harrison said it sold within 35 days of hitting the market in a cash unconditional offer. “We had multiple offers on the property as well throughout the campaign,” he said. Property in central suburbs had always been popular, but Mr Harrison said these days people were more than happy to settle for a tired and old residence to get a foot into an area. “I think people are looking at things with a long-term view,” he said. MORE NEWS: Cartoon king selling retro residence This Burleigh Heads house fetched more than $5 million at auction.More from news02:37International architect Desmond Brooks selling luxury beach villa9 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“At the end of the day, people can buy an old home and keep tenants in there.“They’re securing the land now in preparation for future growth.”A dated Burleigh Heads house with ocean views was snapped up at auction for $5.375 million — almost $2 million above reserve — by a couple who planned to knock it down and rebuild.Kollosche director Michael Kollosche, who handled the sale, said most of those interested in the property had plans to demolish the house and build a new one.Another couple splashed $4.8 million on one of the last remaining beach shacks on Millionaires’ Row to bulldoze it and rebuild. This Mermaid Beach house is one of the last remaining shacks on Hedges Ave. MORE NEWS: Penthouse revamped by The Block twins up for grabs The Broadbeach Waters house at 25 Conifer Cres sold for $1.79 million.BUYERS are investing in premium Gold Coast land with several dated properties fetching eye-watering prices in recent weeks because of their location and position.A Broadbeach Waters residence was one of them, changing hands for $1.79 million.Kollosche agent Jamie Harrison, who marketed the house with Ryan Ward, said multiple prospective buyers were eyeing off the Conifer Cres home.
As part of its ongoing commitment to engage with stakeholders to ensure energy transition and energy security for Ireland, IOOA said it had written to the Minister responsible for offshore exploration, Sean Canney TD, seeking a meeting on the implications of the announcement of September 23, 2019.IOOA, Chief Executive Officer, Mandy Johnston, added: “The clarification that the announcement in the Taoiseach’s speech does not affect existing licenses is welcome. However, it is important that further clarity is given on how the new Government’s proposal for future licensing rounds will be implemented. With this in mind and as a representative body investing considerably in offshore Ireland we are seeking a meeting with Minister Canney at the earliest possible opportunity.”Europa Oil & Gas, one of the operators with assets offshore Ireland, noted the statement released by the IOOA.Europa’s CEO, Hugh Mackay, said: “We welcome the clarification provided by the Irish Government that existing offshore Ireland licenses remain valid. Europa has a large exploration position in Ireland, which includes our flagship Inishkea gas prospect that lies on the same play as, and is located close to, the producing Corrib gas field. With this in mind, we look forward to continuing to work closely both with the Irish Government and the IOOA.”Offshore Energy Today StaffSpotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit. Further clarity needed ‘Existing licenses remain valid’ Varadkar’s statement was clarified on Tuesday by a spokeswoman for the Taoiseach. According to the Irish Times, the spokeswoman for the Taoiseach said: “Existing licenses and options for oil and gas will remain valid but Minister for Climate Action Richard Bruton will bring a memo to Government within a month to set out how the change will be implemented.“This will relate to future applications,” she said.“No new licensing round for the Atlantic “closed” area – 80 per cent of our waters – will be brought forward by the Government. This is the area where most of the exploration is now focused.“License applications will still be accepted for [the] Celtic and Irish Sea on an ongoing basis,” she added.The IOOA welcomed this clarification from the Government of Ireland that existing exploration licenses would be unaffected and the Government announcement at the United Nations Climate Action Summit only relates to future licenses not those granted in the 2015 License Round.The clarification is clear that the Government’s proposals ‘will relate to future applications’ and that ‘existing licenses will remain valid,’ the organization said. The Government of Ireland has confirmed that the country’s existing exploration licenses will not be affected by a recent announcement of the government’s plans to end all future oil exploration in the country. Irish offshore oil and gas industry has welcomed this clarification, but asked for further clarity on how the new government’s proposal for future licensing rounds will be implemented.Illustration; Source: PixabayTo remind, during the UN Climate Action Summit on Monday evening An Taoiseach Leo Varadkar stated the Irish Government’s intention to phase out oil exploration licenses in the future.Varadkar said that Ireland’s Independent Climate Change Advisory Council had recommended that exploration for oil should end as it is incompatible with a low-carbon future. The Council recommended that exploration for natural gas should continue for now as a transition fuel.Following Varadkar’s statement at the summit, several oil and gas operators with assets in Ireland sought clarification of the situation through the offices of the Irish Offshore Operators’ Association (IOOA), the representative organization for the Irish offshore oil and gas industry.Responding to the government’s announcement, the IOOA said in a statement on Monday that “energy security for Ireland is an important part of that process and we will seek a meeting with Government in relation to the matter in the coming weeks.”