Friday 26 December 2014

Providence sails Dublin Bay, though its heart is in other waters

Published 03/08/2014 | 02:30

Picure:  Finbarr O'Rourke
Providence: From left, Bobby Kerr, Rob Hartnett and Providence Team IRL sailor Matt McGovern

Geologists and oil titans usually avoid journalists if they can help it, but last week Providence Resources made an exception.

On Tuesday, Tony O'Reilly Jnr's drilling company hosted a media mixer in sun-dappled Dun Laoghaire harbour, in the form of a sailing race. Providence sponsors the Irish sailing team, which is gearing up for Rio 2016.

Insomnia coffee chain founder Bobby Kerr (above, left) showed his skills at the helm of one of five dinghies - he's a great sailor.

Also on board was 
Rob Hartnett (sitting, middle), who owns business/sport networking platform Sport for Business and was previously MD at Betdaq UK. He shed more light on the CEO search at Paddy Power. His money is on the bookie's commercial director Andrew Algeo.

There are lots of potential tycoons on the Irish sailing team, given the short lifespan of a career in elite athletics. Glenageary girl Saskia Tidey, who races a 49er with teammate Andrea Brewster, is a health food nut who passed around a box of fantastic gluten and sugar-free brownies after dinner. Expect to see Tidey launching a health food venture once she retires.

When not on the water, Providence is focused on one of the largest ever 3D seismic surveys of offshore Ireland. It's still searching for a partner to share the cost of developing Barryroe, the oil field off Cork that could hold as much as ­1.6bn barrels.

Sunday Indo Business

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