23 November 2012

Scotland-based Intervention Rentals opens new office in Takoradi, Ghana

- Supported by SDI and Scottish Enterprise 
- Company already operates a base in Qatar 

23 November 2012 - Montrose-based oil and gas services company Intervention Rentals has opened a new office in Takoradi, Ghana, thanks to Scottish Enterprise and Scottish Development International (SDI) support. 

The new office was opened by Lena Wilson, Chief Executive of Scottish Enterprise, who is leading a trade mission of nine Scottish companies to Ghana this week. 

Formed in 2006 to support the local North Sea oil service sector, Intervention Rentals specialises in the rental and ongoing maintenance of Flowline and Flow measurement equipment. Today marks the opening of Intervention Rentals' second overseas office in under two years - an ambitious step for a small Scottish company. The company already operates a base in Qatar

Intervention Rentals first recognised the potential market opportunities in Ghana after taking part in two Scottish Development International (SDI) trade missions. It subsequently set up a joint venture with Ghanaian company RDFC, before making the decision to set up the new office

David Laing, Managing Director of Intervention Rentals, said: “We've been looking at the West African market for some time, and with SDI support we were able to recognise the huge opportunities the Ghanian market has to offer our business." 

Scottish Development International and Scottish Enterprise have worked closely with the company to support its business plan objectives. The company has benefited from comprehensive export and trade support services including: help on trade missions, identifying routes to market, export and trade strategy development; and visiting potential overseas markets 

Lena Wilson, Chief Executive of Scottish Enterprise said: “This is a great example of how our support can help Scottish businesses to realise their full potential and take advantage of international opportunities. 

“This forward-thinking company has looked beyond its typical horizons and recognised the synergies that exist between Scotland and Ghana in the oil and gas sector.” 

This latest oil and gas trade mission marks the third successive annual mission to Ghana, which as well as Intervention Rentals, has seen a total of 23 companies take part. Other Scottish companies already established in Ghana include Weir Minerals, MSIS, Dominion, Enermech and Global Energy. 

Source: Scottish Development International (SDI)