Irish movie star Colin Farrell will be honoured with a Desert Palm Achievement Award for his performance in Martin McDonagh's The Banshees of Inisherin in January.

The actor is set to receive his award at the 34th annual Palm Springs International Film Festival at the Palm Springs Convention Center in California on January 5th.

Farrell is also tipped to receive an Oscar nomination for his performance in the dark comedy, alongside writer-director McDonagh and co-stars Brendan Gleeson and Kerry Condon.

Festival Chairman Harold Matzner has called his portrayal of sweet-souled Irish farmer Pádraic a "career-best performance" in a recent statement. "Colin Farrell reunites with Brendan Gleeson and director Martin McDonagh in the masterful comedy The Banshees of Inisherin. Farrell gives a memorable performance as Pádraic, a sweet-souled Irish farmer trying to save his lifelong friendship," he said.

"For this career-best performance, we are honoured to present the Desert Palm Achievement Award, Actor to Colin Farrell."

The Palm Springs International Film Awards has announced that Colin Farrell is the recipient of the Desert Palm Achievement Award, Actor for his performance in The Banshees of Inisherin.

Full press release:https://t.co/FTUZf1wfZQ

Photo Credit: Matt Easton pic.twitter.com/DmF7Osh7Tw

— Palm Springs Film Festival (@PSFilmFest) November 16, 2022

In September, Farrell and McDonagh were both honoured at the Venice International Film Festival for their work on the dark comedy, with Farrell winning Best Actor and McDonagh winning Best Screenplay.

The Banshees of Inisherin is Martin McDonagh's dark exploration of the end of a friendship between Pádraic (Colin Farrell) and Colm (Brendan Gleeson). Set on a remote island off the coast of Ireland, the film follows the stunned Pádraic, who is aided by his sister Siobhán (Kerry Condon) and troubled young islander Dominic (Barry Keoghan), as he endeavors to repair the relationship.

Previous recipients of the Desert Palm Achievement Award include Jeff Bridges, Bradley Cooper, Daniel Day-Lewis and Colin Firth. Six actors - Andrew Garfield, Matthew McConaughey, Gary Oldman, Sean Penn, Brad Pitt and Eddie Redmayne - went on to win the Academy Award for Best Actor in the years they were honoured.

The Oscar nominees will be announced on January 24th.