The incident happened off Wexford's Hook Head this evening.
The father of four in his forties was taking part in an underwater search for a fisherman who went missing from a trawler off the Saltee Islands yesterday morning.
The alert was raised shortly after noon today as he returned to the surface after a dive.
He was treated by colleagues at the scene and airlifted to University Hospital Waterford where he has since been pronounced dead.
Greystones Mourns The Loss Of Beloved Adopted Son Johnny McEvoy
Harris Stands By Dole Crackdown Amid Opposition Ridicule
Greystones-Based Judge Helps Select Winner Of Amhrán Na Laoch For Irish Radio
Wicklow Football Boss Hails Departing Stalwart Mark Kenny
Two Arrested After Greystones Gym Burglary