International bidders compete for late-model cranes at Ritchie Bros. unreserved auction in Denver

Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, sold more than 800 equipment items, including more than 30 cranes, in a multi-million dollar unreserved public auction at its permanent auction site in Denver, Colorado on Tuesday, October 20, 2009. The unreserved auction attracted more than 1,600 on-site and online bidders from more than 25 countries as far away as the United... 

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Equipment sellers in Spain, Los Angeles and Dubai benefit from global reach of Ritchie Bros.

Ritchie Bros. Auctioneers gave equipment sellers easy access to the global marketplace last week, attracting bidders from around the world to seven unreserved industrial auctions in four countries – including the largest Spain auction in Company history. The three-day auction at the Company’s Moncofa, Spain auction site generated almost (euro)30 million (US$38 million) in gross auction... 

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Ritchie Bros. attracts thousands of bidders to auctions in new and established markets

Ritchie Bros. Auctioneers, the world’s largest auctioneer of industrial equipment, attracted thousands of bidders to seven unreserved public auctions in four countries last week – including its first ever auction in Poland. The successful multi-million dollar equipment auction in Katowice, Poland on November 14, 2008 attracted hundreds of on-site and online bidders from 26 countries. Ritchie... 

Hycarbex-American Energy, Inc. Announces Approval of Contract for Surface Facility and Placement of Rig for New Exploratory Well

The American Energy Group, Ltd. announced that Hycarbex-American Energy, Inc. has updated its scheduling for the construction of its surface treatment facility for its Haseeb #1 Well and for its new exploratory well on Yasin Block (2768-7). The American Energy Group, Ltd. owns an 18% gross royalty in the Yasin Block (2768-7) Concession, including the Haseeb # 1 Well. The working interest is co-owned... 

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Thousands disregard market turmoil, register to bid at Ritchie Bros.’ Edmonton auction

More than 5,700 people from 19 countries registered to bid on-site and online at the most recent Ritchie Bros. Auctioneers auction in Edmonton, Alberta (on October 29 – 31, 2008). Ritchie Bros., the world’s largest industrial auctioneer, sold almost 4,200 used and unused equipment items over three days, generating gross auction proceeds in excess of CA$49 million (US$41 million). The auction... 

Tag: construction materials auction in edmonton, mining equipment edmonton alberta area

vMonitor Announces Aggressive Growth Strategy and Hiring of L J Guillotte as President and CEO

vMonitor, Inc. announces early results of its Aggressive Growth Strategy in oil and gas wireless automation and field optimization solutions. vMonitor Director Tom Bates, former Managing Director at Lime Rock Partners and former CEO of Weatherford Interra, describes the Company’s strategy as follows: “vMonitor has succeeded in developing the broadest, most comprehensive of wireless oil... 

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PEMEX Deploys Energy Solutions’ PipelineManager Software

Energy Solutions International, Inc., a world-leading supplier of software solutions that optimize operational and commercial performance of oil and gas pipelines, announced that PEMEX Gas y Petroquimica Basica (PGPB) selected PipelineManager® software for comprehensive management of its 12,000 kilometers of natural gas, liquid petroleum gas and petrochemical pipelines. PGPB is one of four divisions... 

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Aegean Marine Petroleum Network Inc. to Expand Presence in the Caribbean

Aegean Marine Petroleum Network Inc. announced that it will be establishing business operations in Trinidad and Tobago, expanding its presence to the southern Caribbean. Aegean is in the process of setting up its local logistics infrastructure and expects to commence operations by the end-of-the first quarter, 2009. E. Nikolas Tavlarios, President, commented, “We are pleased to once again expand... 

Tag: america petroleum network, petroleum mining in trinidad, us jamaica truck iron ore

LeTourneau Technologies and Lamprell Energy Contract for Newbuild Jack-up Rig Kit

Rowan Companies, Inc. (NYSE:RDC – News) announced today that its wholly-owned subsidiary, LeTourneau Technologies, Inc., has entered into a contract to furnish a kit and license to Lamprell Energy, Ltd. for the construction of a third Super 116E class jack-up rig. The rig will be built at Lamprell’s Jebel Ali facility located in the United Arab Emirates with delivery expected in June 2010.... 

Substantial purchases leave California and Dubai after Ritchie Bros. auctions

Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, conducted two, large unreserved auctions last week in Dubai, UAE and Los Angeles, California, generating gross auction proceeds of US$20 million and US$24 million, respectively. Close to half of the gross auction proceeds at the Los Angeles unreserved public auction (more than US$11 million or 49%) came from buyers located...