The film The Favourite, which was co-produced by the Dublin company Element Pictures, has been nominated for five Golden Globes, and Irish producer Andrew Lowe has said they're "really thrilled" with the recognition.

The long-gestating project from The Lobster director Yorgos Lanthimos is based on the latter years of Queen Anne and is in the running for Best Motion Picture for a musical or comedy, Best Screenplay, Best Actress for Olivia Colman, with both Emma Stone and Rachel Weisz in the Best Supporting Actress category.

The period drama is the third collaboration between Greek director Lanthimos and Irish company Element Pictures, and follows their success with The Lobster and The Killing of a Sacred Deer. Lanthimos, Colman and Weisz previously worked together on The Lobster.

Emma Stone lands Golden Globe nomination for The Favourite

Speaking to RTÉ News's Fergal O'Brien, Andrew Lowe said: "It's been in development with us for a long time now.

"We spent ten years developing the script and it was prior to that it was brought to us by a former colleague of ours Lee Magiday and she found it with another producer in the UK who had herself been developing it for ten years. So it's been 20 years in gestation this project."

"It's been a long journey getting this film made so very gratifying to see it acknowledged in that way."

Lowe admitted that they were taken aback with receiving five nominations, which equals the amount picked up by A Star is Born and Green Book. 

Signs were looking rosy ahead of the Globe nominations being announced.

"We launched the film in Venice this year and we picked up the Jury Prize there, Best Actress for Olivia Colman, so that was a good start, and the film has been very well received critically", Lowe said.

"It's been mentioned in a number of the Critics Circle awards that have been announced in the last two weeks and crucially it has opened very strongly in the U.S.

"So all the signs have been very positive, last Sunday we were in London for the British Independent Film Awards, we swept the boards there, we won ten awards which was really gratifying.

"So they're all good indicators, but the Globes, that's a whole other level, so to come away with five is really fantastic."

The film producer said The Favourite could be in the running for Oscars success down the line.

"The Favourite is definitely featuring in that awards conversation so we would hope to feature there," he said.

"Our distributor worldwide is Fox Searchlight and they have a fantastic track record of delivering films that win big at the Oscars so we're hoping their expertise and the strength of the film, the performances, the direction and the screenplay will propel the film to Academy success."

There was more Irish interest in this year's Golden Globe nominations as Outlander star Caitriona Balfe was nominated for the Best Actress - Television Series Drama award for the fourth year in a row.

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