Intervention Rentals opens office in T’di

Montrose-based oil and gas Services Company, Intervention Rentals, has opened a new office in Takoradi following Scottish Enterprise and Scottish Development International support.

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

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. Already operating a base in Qatar, this is the second overseas office.

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 Limited, before making the decision to set up the new office.

David Laing, Managing Director of Intervention Rentals, said: “We have been looking at the West African market for some time, and with SDI assistance we were able to recognise the huge opportunities the Ghanianan market has to offer our business. Following our second trade mission, we returned with the attitude that we must be established here; and we are very happy to say that today that goal has been achieved.

“Thanks to the substantial support we’ve received from Scottish Enterprise and SDI, we are in a strong position to enter the Ghanaian market, maximising the opportunities open to us here.”

Scottish Enterprise has worked closely with the company through its account management process, where it works intensively with a company to support its business plan objectives. As well as the trade missions, other ongoing support has helped the company identify routes to market and develop its strategy and explore this new overseas territory.

Dr. Lena Wilson, Chief Executive of Scottish Enterprise, said: “Intervention Rentals is a great example of how the combined support of Scottish Enterprise and SDI can help a business realise new opportunities. Today marks the opening of its second overseas office in under two years, an ambitious step for a small Scottish company.

“This forward-thinking company has recognised the synergies that exist between Scotland and Ghana in the oil and gas sector. Ghana has one of the fastest-growing economies in the world, with expected growth of 13.5 percent. It is becoming more evident that there are real opportunities for Scottish companies to do business in Ghana and across West Africa.

“We will continue to work with Intervention Rentals, and other companies like them, to ultimately drive home long-term sustainable growth for the Scottish economy.”

The latest oil & gas trade mission this year 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 Group, Dominion Gas, EnerMech Limited, and Global Energy Group.                                                                      

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