Headquarters
World Headquarters
> Broussard, LA
Western Hemisphere
> Houston, TX
Eastern Hemisphere
> Aberdeen, Scotland
Asia Pacific
> Jurong East, Singapore
News
HB Rentals Ups Capex for Rental Fleet
HOUSTON, TX (November 30, 2010) - HB Rentals, a Superior Energy Services company, has invested an additional $20 million in capital expenditures (CAPEX) to add units to its rental fleet.
The investment will allow the company to increase its rental fleet by adding 100 onshore units in the form of wheel-mounted trailers and cold weather skid housing, as well as an additional 20 A60-rated offshore units.
Along with onshore and offshore buildings, HB Rentals is also increasing its inventory of auxiliary equipment and communication systems in order to further support its growing fleet of accommodation units. The latest build program has already begun and production should be complete by the end of the year.
"This investment, as well as the original $16 million spent early in the year for the aggressive land build program, is proof of HB Rentals' willingness to invest in its own growth in order to further support our customer base," said President Deidre Toups.
HB Rentals is the global leader in onsite accommodations, operating from three major global hubs in Broussard, La.; Aberdeen, Scotland; and Singapore.
Superior Energy Services, headquartered in New Orleans, is the industry's leading provider of specialized oilfield services and equipment focusing on production, intervention, workover, well services and rental tools. Superior employs more than 4,200 people in more than 130 locations in 12 countries worldwide. Visit SuperiorEnergy.com