Oil Equipment Company for Sale in Abu Dhabi, United Arab Emirates

- The company leases out heavy duty machinery and equipment to oil and gas companies.

- These tools are required by these companies for executing their large scale oil & gas projects.

- The company has over 50 clients which are typically big companies in the oil & gas industry. Clients are spread across Middle East, Asia, Algeria and Kazakhstan.

- Machinery is rented for a minimum period of 1 month. However, the leasing periods is 1 to 2 years on average. Payment is collected throughout the leasing period.

- The company is approved by ADNOC.

- The business possess ownership of multiple units of the same equipment and can undertake multiple leasing contracts at one given time.

- This is an extremely valuable business due to the industry generated goodwill and a strong client database.

Company leases out heavy duty machinery and equipment such as:

- Drilling machines.

- Generators & stabilisers.

- Fishing tools.

- Hummers & oil pumps.

Physical assets include:

- Complete set of oil & gas machinery and equipment.

- Office furniture and interior fittings.

- The business runs operations from a rented facility in Abu Dhabi.

- The company also has a rented warehouse for the storage of machinery and equipment.