China-based iRes-Geo Technology’s Scottish base in Edinburgh

China's iRes-Geo Technology Ltd opened its first Scottish base at Edinburgh's Heriot Watt University’s Research Park in 2016, taking on local talent to support its North Sea and global expansion plans.

iRes-Geo Technology, which specialises in geosciences and reservoir technology, is capitalising on Scotland's long-established strengths in the subsurface engineering sector by recruiting local talent to help grow the business.

Its Scottish-based team works to maximise opportunities in exploration, appraisal, development and field maturation projects.

Supporting investment in Scotland

iRes-Geo relied on our support when it planned its investment in Scotland.

Our teams in Scotland and China worked intensively with the company, offering advice and guidance as well as financial support to establish its Edinburgh base. The company was also part of an inward mission to Offshore Europe in Aberdeen in 2015.

Yi Huang, chairman of iRes-Geo and a graduate of Edinburgh's Heriot Watt University, said:

"We set up a new office in Edinburgh to support our North Sea and global expansion plans. We actively recruited in Scotland to take our total staffing levels to five in 2016.

"I would like to take this opportunity to thank SDI for its great support, in business development and in setting up this company. I am looking forward to continuing to work with them as we deliver our growth plans."

Welcoming the news, David Rennie, our international sector head of oil and gas, said:

"This announcement has reinforced our world-wide reputation as being a global hub for oil and gas activity. Our skills, experience and expertise together with our world-class training facilities and strengths in innovation made Scotland the location of choice for iRes-Geo Technology Ltd.

“Despite the current challenges that we are all aware of, investments such as these demonstrate we are still seen as an attractive long-term location."

Connecting Scotland and China's oil and gas sectors

China is a key market for Scotland’s oil and gas sector both for inward investment opportunities and trade.

In 2015, China was listed as key market for future growth by Scotland's oil and gas supply chain companies. The following year, 15 oil and gas companies joined our trade mission to Beijing and Shenzhen. The aim was to develop new international partnerships in areas where Scotland’s strong heritage can support the Chinese oil and gas industry in its global development.

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