HB Rentals Launches in the Middle East with $2MM Contracts
HOUSTON, (Oct. 26, 2010) — Global offshore accommodation specialist HB Rentals is celebrating its launch in the Middle East with the award of two multi-million dollar contracts.
The US-based company has opened its new facility in Dubai and has shipped more than AED 8 million of equipment to the UAE to meet the demands of the country and the region.
HB Rentals' first contract in the Middle East has seen the company supply 13 offshore accommodation units to Jan De Nul in Saudi Arabia. The 32ft x 11ft A60 Safe Area Modules comprise of 68 beds, a galley, mess room and server as well as recreational facilities.
HB Rentals' second win in the region is with Global Processing Systems (GPS) for the provision of eight 8-man A60 accommodation units and two A60 office modules for one of the company's Lift Boats, located offshore Abu Dhabi.
Deidre Toups, president of HB Rentals, said: "We are delighted to be opening offices in the Middle East, this is in direct response to demand from clients and falls on the back of two significant contract wins in the region. We anticipate this initial activity will trigger significant future opportunities for us, particularly as exploration and production budgets are expected to rise in the oil and gas industry.
"Both contracts highlight the impact HB Rentals has already made with its new ventures in the Middle East. With more than 30 years of experience, and a fleet of more than 450 units, we are more than prepared to continue our investment programme to meet the demands of the region's buoyant energy market."