Tags
Industry News

Ritchie Bros. readying for biggest Canadian auction of the year

Special energy industry focus on Day Four features drilling equipment

With the changing of seasons comes fleet changes for many Alberta contractors, making spring a big time for auctions in western Canada. And there's no bigger Canadian auction than Ritchie Bros.' annual, multi-day April event in Edmonton.

Traditionally, Ritchie Bros.' Edmonton April auction is its largest Canadian event of the year. This year's April 24 - 28 auction already has 8,200+ equipment listed to sell—with more items being added right up to the auction. Current highlights include 255+ excavators, 245+ compactors, 140 dozers, 130 dump trucks, 95+ articulated dump trucks, 85 loaders, 75+ boom trucks, 75 winch tractors, 20+ bed trucks, 205+ truck tractors, 950+ trailers, as well as a large selection of farmland and industrial real estate. As always, all items will be sold without minimum bids or reserve prices.  

"There are a lot of contractors who want to be part of our big April event, as it draws a record crowd year after year," said Brian Glenn, Senior Vice President, Ritchie Bros. "This year we have a huge selection of equipment representing the multitude of sectors operating in western Canada, including a diverse selection of drilling-related equipment and are leveraging the expertise of our Kruse Energy Auctioneers brand for a special, dedicated energy event on Day Four of the auction."  

Equipment in the auction is being sold for 950+ owners, including a complete dispersal for H&E Oilfield Services Ltd.

"We've been working with Ritchie Bros. since we started our company 40 years ago," said Larry Semen, President and Owner of H&E Oilfield Services. "The selection at their auctions is unmatched and they are great people to work with. We are selling more than 130 items in the April Edmonton sale—all of it well-maintained and ready for a new owner."

Company Info

  • Ritchie Bros. Auctioneers

    9500 Glenlyon Parkway
    Burnaby , BC
    CA , V5J 0C6

    Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest industrial auctioneer, and one of the world's largest sellers of used equipment for the construction, transportation, agriculture, energy, mining, forestry and other industries. Ritchie Bros.™ asset management and disposition solutions include live unreserved public auctions with on-site and online bidding; EquipmentOne™, an online auction marketplace; Mascus, a global online equipment listing service; private negotiated sales through Ritchie Bros. Private Treaty; and a range of ancillary services, including financing and leasing through Ritchie Bros. Financial Services. Ritchie Bros. has operations in 19 countries, including 45 auction sites worldwide.

    Read more

Latest News

Tags
Industry News

Fluor Awarded Contract for Marathon Petroleum’s STAR Program at Galveston Bay Refinery

Fluor Corporation has announced that it was selected by a division of Marathon Petroleum Corporation (MPC) to execute the engineering and procurement scope for MPC's South Texas Asset Repositioning (STAR) program at its Galveston Bay refinery in Texas City, Texas. Fluor booked the undisclosed contract value into backlog in the first quarter of 2018. 

Read More

Sponsored Content

Are all excavators the same?

Among the top brands, many believe all excavators are the same. But when you look closely, you can spot the small differences in design that add up to huge differences in productivity and efficiency — differences that can boost your profitability. 


Read More

Tags
Industry News

NETZSCH showcasing NOTOS Multiple Screw Pumps at 2018 Offshore Technology Conference

NETZSCH Pumps North America, LLC, has announced that they will be highlighting its NOTOS Multiple Screw Pumps at the Offshore Technology Conference (OTC 2018), which will be held April 30 - May 3, 2018 at NRG Park, in Houston, Texas. The pumps will be featured in the German Booth 3625-18 and in Brazilian pavilion at Booth 215-35. Ideal for pumping everything from light fuel oil to viscous asphalt, the NOTOS Multiple Screw Pump is an excellent choice for rail car and ship loading and offloading, as well as tank-to-tank transfer. 

Read More

Tags
Drilling & Production
Software & IT

Landmark launches DecisionSpace software to improve production potential

Landmark launches DecisionSpace software to improve production potential

Landmark, a Halliburton business line, launched DecisionSpace Production Engineering and DecisionSpace Production Insights software to help operators better utilize data to reduce costs and unlock production potential. These offerings strengthen the DecisionSpace Production portfolio by adding analytical dashboards and production engineering capabilities. Both are integrated with economics and reservoir information to help solve production challenges quickly and cost-effectively.

Read More

Perkins SmartCap earns Gold Edison Award for innovation

The Edison Awards, celebrating 31 years of honoring the best in innovation and excellence in the development of new products and services, announced that the Perkins SmartCap was voted a Gold Winner for innovation at the April 11 event at The Capitale in New York City. Being recognized with an Edison Award has become one of the highest accolades a company can receive in the name of innovation and business. The awards are named after Thomas Alva Edison (1847-1931) whose inventions, new product development methods and innovative achievements literally changed the world, garnered him 1,093 U.S. patents, and made him a household name around the world.

Read More

Tags
Industry News

Canada may supply a third of U.S. Gulf Coast heavy oil by 2020: IHS Markit

Canada may supply a third of U.S. Gulf Coast heavy oil by 2020: IHS Markit

Supplies of Canadian oil sands heavy crude are increasingly being refined on the U.S. Gulf Coast (USGC) and could top 1.2 million barrels per day (mbd) — a full one-third of the region's heavy oil refining market — by 2020, says a new report by business information provider IHS Markit. Current runs of Canadian crude in the USGC market are estimated to already be in excess of 800,000 barrels per day (bpd), the report says.

Read More

Tags
Pipelines

Cat updates PL61 pipelayer with added safety and performance

Part of a full line of purpose-built Cat pipe layers, the updated PL61 delivers 40,000 lb (18 145 kg) of maximum load capacity. The new model retains its familiar comfort and easy maintenance features, with updates for added safety and performance. Easy 128-inch (3240 mm) transport width, combined with the experienced support of the Cat dealer network, means your pipe line equipment is available when and where you need it. 

Read More

Tags
Industry News
Pipelines

Ottawa must put its foot down on Trans Mountain: MEI

Ottawa must put its foot down on Trans Mountain: MEI

Kinder Morgan has announced it is suspending "non-essential" activities and investments for its Trans Mountain pipeline expansion project. This follows a series of abandoned large infrastructure projects in the country and once again sends the wrong message that Canada does not welcome investors, points out the Montreal Economic Institute, which is pushing Ottawa to act to stop the hemorrhaging. 

Read More

Tags
Drilling & Production

Dow describes how biocides benefit fracturing operations

Without an effective microbial control program in place, an entire oil and gas operation can be at risk. Utilizing a tailored approach to microbe management can help prevent corrosion and hydrocarbon souring, while maximizing the value of your well. A new video from Dow Microbial Control explains how biocides help protect valuable assets from the harmful effects of bugs often found in the water-saturated environment of hydraulic fracturing.

Read More

Tags
Industry News
Software & IT

Quorum Software to acquire Entero

Quorum Software to acquire Entero

Quorum Software, the leader in digital transformation for the oil and gas industry, announced today that it has entered into a definitive agreement to acquire Calgary-based Entero Corporation, a trusted leader in energy software solutions for the upstream and midstream sectors. With over 125 customers throughout North America, Entero furthers Quorum's mission to invest in customer-oriented innovation and expand its comprehensive product portfolio to cover the energy value chain, from engineering to accounting and finance in upstream and across the full range of midstream processes through to distribution. This acquisition expands Quorum's 15-plus year presence and leadership in the Canadian Midstream segment by adding geo-specific and Upstream expertise and products, augmenting products such as myQuorum Land Canada.

Read More