Mr. Kieran Ivers:

There is a narrative in Ireland at the moment that we cannot do all of this by ourselves. We are not here to say we can do it all by ourselves but Green Rebel is certainly an example of a company with a lead time whereby it can deliver not just for offshore in a DevEx phase but actually deliver competency that can compete on a global level. Up to last week, we had a trade delegation in from Norway representing over 250 companies with over 10,000 employees, many of which are diversifying from oil and gas. If Ireland does not move quickly, they are the skills and services that will be imported into Ireland.

We mentioned floating offshore. It depends on the context of our ambition. If our ambition is just to service our own needs then the jobs created will be designed to service Ireland only. When we look at innovations like floating offshore and the opportunity this presents to Ireland given the west coast of Ireland, it is a basis for innovation. Ireland has an opportunity to more than export energy to other markets. It has an opportunity to deliver expertise and competency and develop intellectual property in Ireland that we can export all over the world. If we can develop a platform where Government, officials and industry can come together and plan that, we will see maximum effect regarding the employment created.