Firm opens base in Scotland to tap into oil and gas sector

A Chinese company that specializes in geosciences and reservoir technology has opened its first Scottish base at Heriot Watt University Research Park, a move that is expected to boost Scotland's embattled oil and gas industry.

The company, iRes-Geo Technology Ltd, opened the base to expand its global business and tap into the exploration and development of Scotland's oil and gas sector. It said the new base will initially produce 10 jobs for workers there.

"We have set up a new office in Edinburgh to support our North Sea and global expansion plans," said Huang Yi, chairman and founder of iRes-Geo Technology.