The Minister for Natural Resources formally launched the 2015 Atlantic Margin Licensing Round on 18 June 2014. The round includes all of Ireland’s major Atlantic Basins, with licensing options offered. Applications are to be received no later than 16 September 2015. Any licensing option granted through this round will be subject to Ireland’s proposed revised petroleum fiscal terms governing offshore exploration for oil and gas, which were the subject of a separate announcement on 18 June 2014. The Notice of the 2015 Licensing Round can be found on the Department of Communications, Energy and Natural Resources website: