Rabbitte: Offshore activity can have spin-off

Ireland’s burgeoning offshore oil and gas industry can have a hugely positive knock-on effect to support services companies here, Energy Minister Pat Rabbitte has said.

The minister was addressing delegates at a conference jointly organised by Enterprise Ireland and international supply chain management advisory Achilles Group.

Mr Rabbitte said accessing major business opportunities linked to offshore oil and gas exploration activity can position Irish firms to internationalise their offering in global markets, as well as increase the volume of export business and new jobs.