EQUIPMENT PURCHASING CASE STUDY

EQUIPMENT BUYOUT FOR LARGE OIL & GAS COMPANY

Project Description

Our client is one of the world's largest producers of synthetic crude oil from oil sands and the largest single source producer in Canada. To minimize the risk of failure and downtime, our client needed the material removed in a timely manner because the space was needed for an upcoming project.To avoid production interruption, our client was having a diffcult time finding intrest in potential buyers due to their remote location. NRI was able to meet their goal of cleaning up their outside yard and surplus storeroom.

  • $16.7 MIL recovered from surplus and used equipment in less than one year.
  • 29 Truck loads of material removed from the jobsite.
  • 70,000 PCS of equipment removed from inventory.

Plan and Details

Project Type Auction Services
Industry Oil & Gas

Utilizing an online industrial auction enabled us to:

More Value
100%
MORE EFFICIENT
100%
More Space
100%

Overall Progress

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