|
Forecast Period
|
2026-2030
|
|
Market Size (2024)
|
USD 22.83 Million
|
|
CAGR (2025-2030)
|
6%
|
|
Fastest Growing Segment
|
Electric
|
|
Largest Market
|
Abu Dhabi
|
|
Market Size (2030)
|
USD 32.39 Million
|
Market
Overview:
The UAE Construction Equipment
Rental Market in Oil & Gas Industry Market was valued at USD 22.83 Million in
2024 and is expected to reach USD 32.39 Million by 2030 with a CAGR of 6% during
the forecast period. The UAE construction equipment
rental market is witnessing significant momentum due to the increasing
preference for asset-light business models across industries such as oil &
gas, infrastructure, and real estate. Large-scale projects often require diverse
and heavy machinery for limited durations, making renting more cost-effective
than purchasing. Companies are shifting focus toward operational efficiency and
reducing capital expenditures, which is directly boosting the rental model.
Equipment such as cranes, excavators, bulldozers, and loaders are frequently
rented for short-term operations, particularly in sectors like energy and
utilities, where project scopes are dynamic and equipment needs vary widely.
Technological advancement in machinery with features like telematics, fuel
efficiency, and remote diagnostics is also influencing rental demand as renters
prefer access to the latest models without investing in ownership.
The market is also being shaped
by evolving trends such as digital transformation within the rental ecosystem.
Digital platforms for equipment reservation, real-time availability checks, and
predictive maintenance scheduling are simplifying the rental process for
contractors and developers. This digital shift is not only increasing
convenience but also enhancing transparency, cost tracking, and usage
optimization. There is growing demand for eco-friendly construction equipment
in the rental sector as well. Electric and hybrid machines are gradually
entering rental fleets to meet sustainability goals and regulatory standards.
Moreover, rental companies are expanding their fleets and service offerings to
include equipment customization, operator support, and on-site servicing,
creating value-added propositions that cater to diverse project requirements.
Despite this growth trajectory,
the market faces challenges such as high maintenance costs and operational
downtime. Maintaining a large fleet of advanced machinery with diverse
operational profiles requires continuous investment in skilled labor, parts,
and repair facilities. Downtime due to breakdowns or delayed service responses
can disrupt project timelines and lead to contractual penalties for end users.
Another challenge involves price competition among rental providers, especially
smaller players offering lower rates without comprehensive service guarantees.
This can compromise equipment quality and safety. Moreover, compliance with
changing regulations on emissions and machine safety necessitates frequent
upgrades to rental fleets, increasing operational burden on providers.
Nonetheless, opportunities remain strong as the market evolves toward
integrated rental solutions supported by digitalization and rising demand for
flexible, scalable construction support services.
Market
Drivers
Rapid Infrastructure Development
The UAE’s ambitious
infrastructure projects, including urban expansion, transportation networks,
and tourism facilities, are significantly boosting the demand for construction
equipment rentals. Initiatives like the Dubai 2040 Urban Master Plan and
large-scale commercial developments have created sustained demand for heavy
machinery across project lifecycles. These developments often involve complex
and multi-phased construction that requires flexible access to a broad range of
equipment types without the burden of long-term ownership. As contractors
juggle overlapping projects, equipment rental allows them to scale resources up
or down quickly, without incurring the depreciation risks that come with
purchasing. Large infrastructure investments from both public and private
sectors mean project timelines are shorter and more tightly managed,
reinforcing the need for timely and efficient access to well-maintained
machinery. Rental providers are adapting by expanding fleet availability and
improving delivery logistics to meet tight deadlines and varying project
demands. The rising use of modular construction and prefabrication techniques
in urban infrastructure has also encouraged the use of specialized,
high-precision rental equipment. Urban development strategies are now placing
greater importance on smart infrastructure, which includes the deployment of
sensors, automated equipment, and real-time monitoring — all of which are being
offered through advanced rental platforms. These factors collectively
strengthen the role of construction equipment rentals as a strategic resource
for executing critical infrastructure goals. For instance, the United Arab Emirates has approved its largest-ever national budget for the fiscal year 2025, allocating AED 71.5 billion ($19.5 billion) in expenditures, marking a 12% increase from 2024 estimates. The budget is balanced, with projected revenues matching expenditures at AED 71.5 billion. Social development and pensions constitute 39% of the budget, amounting to AED 27.9 billion, with allocations including 15.3% for public and higher education, 8% for healthcare and community prevention, another 8% for pensions, 5.2% for social affairs, and 2.5% for public services. Government affairs receive AED 25.5 billion, representing 35.7% of the total budget. Infrastructure and economic affairs are allocated AED 2.6 billion (3.6%), while financial investments receive AED 2.9 billion (4%). The remaining 17.7%, or AED 12.6 billion, is designated for other federal expenditures. Capital expenditure increased by over 50% in the first half of 2024, with AED 5.6 billion spent in Q1, a sevenfold year-on-year rise, and is expected to continue growing through 2025 to support large-scale infrastructure projects.
Shift Towards Asset-Light
Business Models
Companies are increasingly
adopting asset-light strategies to enhance operational efficiency and reduce
capital expenditures. Renting construction equipment allows businesses to
access the latest machinery without the financial burden of ownership. This approach
is particularly beneficial for projects with variable equipment needs or
shorter durations, enabling firms to allocate resources more effectively and
respond swiftly to changing project requirements. Avoiding upfront capital
investments in depreciating assets also enhances cash flow and liquidity,
especially for mid-sized contractors and specialized subcontractors. Businesses
are minimizing financial exposure by outsourcing ownership responsibilities
like maintenance, insurance, and transportation to rental providers. This shift
enables quicker project onboarding and greater flexibility in adapting to new
tenders or project scope changes. The asset-light model also reduces
administrative complexity, as rental agreements are typically easier to manage than
long-term ownership, warranty, and resale processes. As companies increasingly
adopt leaner operating structures, rental equipment aligns well with
project-based operational models that demand rapid mobilization. The expanding
availability of full-service rental packages that include technical support and
on-site servicing further enhances the attractiveness of this model for
construction firms of all sizes.
Technological Advancements in
Equipment
The integration of advanced
technologies in construction machinery, such as GPS, telematics, and remote diagnostics,
is transforming the equipment rental landscape. These innovations enhance
operational efficiency, safety, and maintenance predictability. Rental
companies offering technologically advanced equipment provide added value to
clients seeking to optimize project timelines and reduce downtime, thereby
driving the market's growth. Contractors are now prioritizing machinery that
can feed real-time data to central monitoring hubs, ensuring performance
transparency and allowing proactive issue resolution. High-precision machines
equipped with grade control systems, autonomous steering, and payload tracking
are increasingly being requested for earthworks and material handling. Rental
providers are leveraging data analytics to optimize fleet utilization, rotate
machinery efficiently, and predict future demand based on usage patterns. The
integration of IoT in rented equipment facilitates predictive maintenance,
reducing unplanned outages and boosting customer satisfaction. Clients are also
benefiting from digital dashboards that offer insights into machine efficiency,
fuel consumption, and idle time — enabling data-driven decisions that improve
project cost control.
Emphasis on Sustainable
Construction Practices
Environmental concerns and
regulatory pressures are prompting a shift towards sustainable construction
practices. The UAE’s commitment to reducing carbon emissions through green
building codes and clean energy targets has accelerated the demand for eco-friendly
equipment. Construction firms are increasingly renting low-emission or
electric-powered machinery to align with sustainability benchmarks without
investing in costly purchases. Rental providers are diversifying their fleets
to include hybrid excavators, electric scissor lifts, and energy-efficient
compressors that meet new environmental standards. These offerings help clients
achieve compliance while avoiding the risk of owning equipment that may become
obsolete due to tightening regulations. Eco-conscious companies also prefer
rental models as they support circular economy principles by extending the
equipment life cycle through shared use. As project owners and stakeholders
become more focused on environmental certifications such as LEED or Estidama,
the choice of rented sustainable equipment becomes a competitive
differentiator. The emphasis on sustainability has also triggered innovation in
emission-reducing technologies, which are being rapidly adopted by rental firms
to stay ahead of regulatory shifts and client expectations.
Rising Demand from the Oil &
Gas Sector
The oil and gas sector is a
consistent driver of demand in the construction equipment rental market due to
its reliance on heavy-duty machinery for exploration, drilling, and
infrastructure development. With operations often located in remote or temporary
sites, renting equipment becomes more practical and cost-effective than
purchasing. The sector requires a wide array of construction assets, including
cranes, loaders, trenchers, and pipelayers — often for short-term or
intermittent usage across multiple sites. By renting, oil and gas companies
minimize asset idling and reduce the burden of equipment maintenance in extreme
operating conditions. Equipment rental also helps in quick mobilization during
emergency operations, such as pipeline repairs or site expansions, ensuring
minimal disruption to core activities. The complex nature of oilfield
operations means that specialized machinery is needed for specific tasks, and
rental firms are stepping up to offer modular, customizable fleets. Rental
companies are also offering on-site technical services and equipment-certified
operators, further enhancing their value proposition to the energy sector. With
growing emphasis on cost rationalization within the oil and gas industry,
rental agreements provide flexible terms that align with budget constraints and
project durations. Increased investments in upstream and midstream
infrastructure, such as refineries and pipeline corridors, are expected to
sustain this equipment demand over the long term. The integration of heavy
equipment with telematics for safety monitoring and regulatory compliance is
gaining traction within this sector, making advanced rental solutions even more
attractive. For instance, Abu Dhabi National Energy Company (TAQA) reported a 30% year-on-year increase in capital expenditure for Q1 2025, reaching AED 2.2 billion ($586.5 million). The surge in investment underscores TAQA's commitment to expanding its utilities infrastructure and advancing its 2030 strategic objectives. Notably, while overall spending rose, the oil and gas segment experienced a significant reduction, with expenditures falling by over 50% compared to the same period last year. This shift highlights TAQA's strategic pivot towards enhancing its power and water operations, aligning with its long-term vision for sustainable growth.

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Key
Market Challenges
High Maintenance and Operational
Costs
Maintaining a large and diverse
fleet of construction equipment is a significant cost burden for rental
companies. The wear and tear associated with heavy-duty use, especially on
rugged construction or oilfield sites, demands frequent servicing and part
replacements. Skilled technicians, diagnostic tools, and spare part inventories
represent constant operational expenses. Unplanned breakdowns can lead to
delayed deliveries, customer dissatisfaction, and penalties under service-level
agreements. These disruptions not only reduce profitability but also erode the
reputation of rental firms. Companies must also comply with increasingly
stringent safety and emissions regulations, which require regular equipment audits
and timely upgrades. Advanced machinery with electronic and hydraulic systems
requires specialized knowledge, increasing the cost and complexity of
maintenance. The need for routine inspections and pre-dispatch testing further
adds to turnaround times and operating costs. In response, firms are investing
in predictive maintenance technologies, but these too come with high upfront
costs. Smaller rental operators struggle to keep pace with the cost-intensive
demands of high-quality maintenance programs. Failing to meet maintenance
benchmarks leads to equipment downtime, which disrupts project execution and
weakens client retention rates.
Intense Price Competition
The rental market is highly
fragmented, with both multinational corporations and local players competing
for market share. Price wars are common, especially among smaller firms
offering basic equipment at low rental rates to win business. This trend undermines
profitability across the board and sets unrealistic customer expectations about
pricing. As clients begin to prioritize low-cost rentals over quality and
service, premium providers face margin pressures. While full-service rental
companies offer value-added features like maintenance, insurance, and delivery,
they struggle to justify their higher pricing in price-sensitive segments.
Aggressive discounting practices also lead to compromises in equipment upkeep
and operational readiness. Inexperienced operators may neglect safety standards
to cut costs, creating a negative perception of the rental industry. Larger
players are attempting to counter this challenge through digital platforms,
customer loyalty programs, and diversified service bundles. However, excessive
competition continues to stifle innovation and slows down fleet modernization.
Price competition also weakens the ability to invest in new equipment,
especially as demand fluctuates across different industries and seasons.
Equipment Downtime and
Unavailability
Construction projects often
operate under tight schedules, and any delay caused by equipment breakdown can
have costly consequences. Downtime can lead to halted operations, missed
deadlines, and financial penalties, making it a major concern for rental clients.
If rental providers cannot deliver replacement equipment promptly, customer
trust and future business opportunities may be lost. Inadequate fleet size,
poor inventory planning, or logistical inefficiencies can lead to
unavailability of key machines during peak periods. Clients now expect
guaranteed uptime and instant support — a demand that puts operational strain
on rental providers. The situation becomes more complex with specialized
machinery, where finding replacements or spares is more challenging.
Environmental factors such as extreme heat, sandstorms, or remote project
locations can further reduce equipment life and increase downtime risks.
Preventing these issues requires rental firms to adopt fleet tracking,
telematics, and AI-powered maintenance tools, but implementation remains
inconsistent. Delays in spare parts supply chains also exacerbate downtime
issues, especially for imported machinery. These factors combine to make
availability assurance one of the most pressing operational challenges in the
sector.
Regulatory Compliance and
Environmental Standards
Construction equipment rental
providers must navigate a complex and evolving landscape of environmental and
safety regulations. Regulatory bodies increasingly mandate emissions limits,
operator certifications, and equipment safety inspections. Complying with these
regulations requires frequent upgrades, documentation, and employee training.
Non-compliance not only leads to fines but may also result in contracts being
revoked or suspended. Ensuring that every piece of equipment meets the latest
standards adds financial and administrative strain, particularly for small and
medium rental firms. As newer models become regulation-compliant, older
machines lose value faster, compelling rental companies to retire them early
and reinvest in newer fleets. Tracking the ever-changing regulations across
industries like oil & gas, construction, and utilities adds complexity to
compliance management. Training equipment operators on safety protocols and
emissions control is also critical, further raising operational costs. To meet
environmental goals, firms must also consider the carbon footprint of their
equipment, requiring adoption of low-emission or electric models. These added
responsibilities require long-term planning and robust systems, which many
companies still lack.
Skilled Labor Shortages
The construction equipment
rental industry is heavily reliant on trained personnel for maintenance,
logistics, and on-site support. However, a shortage of experienced technicians,
mechanics, and certified operators is limiting operational efficiency. Modern
construction machinery often features digital interfaces, diagnostics, and
automation, requiring a new skill set that is not widely available. Without
properly trained labor, equipment utilization declines, service quality drops,
and maintenance backlogs increase. This shortage affects both equipment
availability and customer satisfaction, as firms struggle to meet service-level
expectations. Smaller rental providers often cannot afford to hire or train
skilled personnel, further widening the performance gap. Retaining experienced
staff is another challenge, especially in a competitive job market where larger
firms offer better incentives. The labor shortage also slows the adoption of
new technologies, as operators must be retrained before deployment. Rental
companies are exploring partnerships with training institutes and OEMs to
bridge this gap, but implementation is slow. Without a strong talent pipeline,
scalability and service consistency in the rental market remain at risk.
Key
Market Trends
Digital Integration of Rental
Platforms
The construction equipment
rental industry is undergoing a digital transformation, with online rental
platforms becoming increasingly central to operations. These platforms allow
customers to browse, compare, and reserve equipment in real-time, creating a
seamless rental experience. Integration of digital technologies has streamlined
workflows such as fleet tracking, inventory management, contract documentation,
and invoicing. Through the use of mobile apps and web-based portals, users can
manage rentals, request service, and track equipment status without relying on
manual coordination. This trend has led to increased transparency, faster
turnaround times, and better customer engagement. Rental companies are
investing in platform-based ecosystems that include customer profiles,
predictive analytics, equipment usage data, and digital payment options.
Cloud-based systems now enable centralized control of distributed fleets,
reducing human error and optimizing operational efficiency. Artificial
intelligence is also being embedded in digital platforms to offer rental
forecasting, usage recommendations, and downtime predictions. These smart
systems ensure optimal fleet deployment and minimize idle inventory. Digitally
connected rental models also help firms offer value-added services like dynamic
pricing, loyalty rewards, and maintenance alerts. As construction stakeholders
demand agility and remote access to rental resources, digital-first platforms
will continue redefining how rental firms interact with clients.
Telematics and Equipment
Intelligence
Telematics technology is
reshaping fleet management in the construction equipment rental industry by
enabling real-time monitoring and intelligent diagnostics. Through embedded
sensors and GPS trackers, rental firms gain full visibility into machine location,
operating hours, fuel consumption, idle time, and maintenance needs. This level
of control allows for data-driven decisions regarding deployment, servicing,
and lifecycle management. Clients also benefit from increased accountability,
as telematics systems provide usage logs, helping avoid misuse and billing
disputes. Intelligent equipment can now alert operators to system faults,
enabling predictive maintenance before breakdowns occur. For rental providers,
this reduces repair costs and increases uptime, ensuring equipment is always
ready for dispatch. Telematics data also feeds into asset utilization reports,
helping optimize fleet size and configuration. With environmental concerns
rising, these systems can track emission levels and promote greener operating
practices. Intelligent machines enhance safety protocols through geo-fencing,
remote shutdown, and motion-triggered alerts. The growing adoption of 5G
connectivity will further boost the potential of IoT-enabled rental equipment.
As rental clients demand precision, accountability, and efficiency, telematics
will become a standard component of every major fleet.
Shift Toward Short-Term,
Project-Based Rentals
Construction companies are
increasingly opting for short-term, project-specific equipment rentals instead
of long-term leases or outright purchases. This shift is driven by the need to
reduce capital expenditure, improve cash flow, and adapt quickly to fluctuating
workloads. Project-based rentals allow contractors to access specialized
equipment only when needed, eliminating the costs of storage, depreciation, and
maintenance. Rental firms are now offering more flexible, hourly or daily
billing models to cater to this demand. Customizable rental packages with
bundled services such as transportation, fuel, and certified operators are
gaining popularity. This trend is particularly relevant for contractors
handling diverse projects requiring different types of machinery in rapid
succession. By renting for specific job phases — such as earthmoving, lifting,
or finishing — companies achieve greater operational efficiency. Rental firms
are responding by expanding their fleets with modular equipment that can be quickly
deployed and retrieved. Digital rental platforms have further enabled this
trend by offering on-demand access and real-time availability checks. The
preference for short-term rentals is reshaping inventory management strategies
across the industry.
Emphasis on Sustainability and
Low-Emission Equipment
Environmental sustainability is
becoming a critical focus in the construction equipment rental sector, with
rental companies increasingly offering low-emission and eco-friendly machinery.
Clients are under growing pressure to meet green building standards and
emission-reduction goals, prompting a shift away from traditional
diesel-powered machines. Rental firms are adding hybrid and alternative fuel
models to their fleets to meet this demand. These machines consume less fuel,
produce fewer emissions, and generate less noise — important for urban
construction and compliance with environmental regulations. Some firms are also
providing carbon footprint data per rental, helping clients assess their
sustainability performance. Battery-electric and fuel-cell equipment options
are gradually gaining traction, especially for indoor or noise-sensitive
environments. Rental providers are also focusing on recycling, green logistics,
and eco-certified maintenance practices. Government incentives and contractor
mandates are accelerating the adoption of sustainable equipment across
projects. This trend is influencing procurement choices, with companies
preferring rental partners that demonstrate environmental responsibility.
Customization and Bundled
Service Offerings
The demand for turnkey rental
solutions is rising, pushing rental providers to offer customized service
packages that include not just machinery but also associated support. Clients
now seek bundled offerings such as operator training, on-site technicians,
real-time usage tracking, and safety compliance audits. These full-service
rentals help streamline project management, reduce vendor coordination, and
enhance efficiency. Rental firms are leveraging technology and partnerships to
curate specialized packages for specific project needs — whether it's high-rise
construction, pipeline trenching, or site excavation. Some companies are
offering pre-configured fleets optimized for different project types, helping
clients avoid overspending or underutilization. Customization extends to
contract terms, delivery scheduling, fuel management, and even branding on
rented equipment. Bundled services often include insurance, damage waivers, and
24/7 technical support, creating a one-stop solution that reduces project
downtime. As customers look for value beyond just the machine, rental firms are
differentiating themselves through service excellence and project adaptability.
Segmental
Insights
Equipment Type Insights
In the UAE construction
equipment rental market within the oil & gas industry, the crane segment
emerged as the dominant equipment type in 2024. Cranes play a critical role in
upstream and downstream oil & gas operations, especially in the assembly
and disassembly of large modules, pipeline handling, maintenance of rigs, heavy
lifting of mechanical structures, and infrastructure development around
refineries and offshore platforms. The high reliance on cranes stems from the
unique engineering demands of the oil & gas sector, which often requires
lifting operations under extreme conditions such as high heat, constrained
spaces, and remote terrains. The need to move oversized and heavy equipment,
structural components, and prefabricated modules within exploration and
production facilities makes crane usage indispensable. The complexity and cost
associated with owning such machinery has led oil & gas contractors to
prefer rental services that offer advanced crane models, operator support, and
maintenance assurances.
Another contributing factor to
the dominance of the crane segment is the wide variety of crane types suited
for different oil & gas operations. Mobile cranes, crawler cranes, and
all-terrain cranes are in high demand for their lifting capacities and ability
to traverse rugged job sites. Offshore platforms require specialized cranes
capable of continuous operation under saline and wind-intensive conditions,
which further boosts rental demand. The demand is especially strong in areas
involving modular fabrication yards, LNG terminal construction, and wellhead
platform maintenance, where cranes are often used in a repetitive and
time-sensitive manner. Their versatility and critical role in minimizing
project delays have positioned them as the top-choice rental equipment across
midstream and downstream operations.
Cranes also provide enhanced
flexibility in dynamic project timelines, where duration, load requirements,
and space constraints change frequently. Equipment rental companies are
addressing this demand by offering customized rental packages with crane sizes
tailored for specific lift capacities, boom lengths, and jobsite footprints.
The need for compliance with stringent safety regulations in oil & gas has
also driven rental firms to invest in high-performance cranes with certified
safety systems, load monitoring tools, and operator assist features. As
projects grow more complex and timelines shrink, the dependence on rented
cranes with fast mobilization capabilities is set to grow further. With strong
demand from both greenfield developments and ongoing maintenance projects, the
crane segment remains the dominant force in the UAE construction equipment
rental landscape for the oil & gas industry in 2024.

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Region
Insights
In 2024, Abu Dhabi stood out as
the dominant region in the UAE construction equipment rental market specific to
the oil & gas industry. The emirate’s extensive portfolio of upstream,
midstream, and downstream oil & gas infrastructure projects has
consistently fueled the highest demand for rental equipment. As the operational
hub for major oil fields and onshore and offshore drilling activities, Abu
Dhabi’s continuous investment in expanding refinery capacity, pipeline
networks, storage terminals, and petrochemical complexes has resulted in a
sustained requirement for heavy construction machinery. Excavators, cranes,
forklifts, telescopic handlers, and diesel generators are among the most
commonly rented machines used across these oil & gas infrastructure
projects, each supporting site preparation, equipment installation, material
handling, and power generation on remote field locations.
Large-scale developments such as
gas processing plants, offshore rig maintenance operations, and petrochemical
complexes have created a consistent pipeline of short-term and long-term
equipment rental needs. These projects demand flexibility, cost efficiency, and
compliance with strict industry safety standards, making rental solutions the
preferred mode over outright equipment ownership. With tight construction
schedules and heavy logistical coordination required across oil & gas work
sites, renting construction equipment allows contractors to quickly mobilize
and scale operations without the burden of maintenance and capital expenditure.
The regional policy focus on increasing oil and gas output and investing in
energy security continues to intensify equipment usage, making Abu Dhabi the
key driver of rental market dominance in this sector.
The presence of expansive desert
terrain and remote project locations in Abu Dhabi also makes mobility and
durability of rental equipment critical. Machines like wheel loaders,
bulldozers, and motor graders are deployed across rugged job sites to support
land development, trenching, and heavy lifting. Manlifts and cranes are
frequently used in assembling and maintaining large mechanical units and
pipeline components, especially at isolated onshore facilities. Abu Dhabi’s
projects tend to be more capital-intensive and long-term compared to those in
other emirates, leading to a consistent requirement for fleet renewal and
rental cycle optimization. High safety regulations imposed on oil & gas job
sites require that only certified, well-maintained equipment is used, pushing
demand further toward organized rental service providers.
Recent
Developments
- In 2025, Iraq and the United
Arab Emirates have submitted updated compensation plans to OPEC+ to address
their overproduction of oil earlier this year. These plans are part of a
broader initiative by eight OPEC+ members—including Saudi Arabia, Russia,
Kuwait, Kazakhstan, Algeria, and Oman—to offset excess output and adhere to
agreed production limits. The compensation measures involve coordinated output
reductions scheduled through June 2026, aiming to stabilize the global oil
market and ensure compliance with OPEC+ agreements.
- In 2024, China Petroleum
Engineering Corporation (CPECC) secured a USD 397 million contract for the
expansion of the UAE’s Asab Oilfield, awarded by ADNOC Onshore. The project
will enhance capacity by increasing crude oil output from 630,000 barrels to 762,000
barrels per day, supporting ADNOC’s goal to boost production to 5 million
barrels per day by 2027. The expansion is set to be completed over 45 months,
strengthening UAE-China energy collaboration.
- In 2024, ADNOC awarded a
significant contract for the second phase of the Bab oilfield project, the
UAE's largest onshore oilfield. This phase involves implementing artificial
lift systems across multiple wells to enhance oil output. The initiative aims to
increase production capacity, supporting ADNOC's strategic goal of boosting
national oil output. The project underscores ADNOC's commitment to advancing
technological solutions and optimizing operations in the UAE's energy sector.
Key
Market Players
- Al Mutawa Heavy Equipment Trading LLC
- Mohamed Abdulrahman Al-Bahar LLC
- Johnson Arabia LLC
- Yellow Cat Heavy Equipment & Machinery Rental
- Byrne Equipment Rental
- Al Shola Rental Solutions
- Tanzeem Heavy Equipment Rental LLC
- Gallagher International
- Al Ghayoum Contracting & General Transport Establishment
- Al Faris International Heavy Equipment Rental
|
By Equipment
Type
|
By Drive
Type
|
By Region
|
|
Crane
Diesel Generator
Excavator
Wheel Loader
Bulldozer
Motor Grader
Telescopic Handler
Forklifts
Trucks
Manlifts
Others
|
Electric
Hybrid
ICE
|
Abu
Dhabi
Dubai
Sharjah
Rest
of UAE
|
Report
Scope:
In this
report, the UAE Construction Equipment Rental Market in
Oil & Gas Industry Market has been segmented into the following
categories, in addition to the industry trends which have also been detailed
below:
·
UAE Construction Equipment Rental Market in Oil & Gas Industry
Market, By Equipment Type:
o
Crane
o
Diesel
Generator
o
Excavator
o
Wheel
Loader
o
Bulldozer
o
Motor Grader
o
Telescopic
Handler
o
Forklifts
o
Trucks
o
Manlifts
o
Others
·
UAE Construction Equipment Rental Market in Oil & Gas Industry
Market, By Drive Type:
o
Electric
o
Hybrid
o
ICE
·
UAE Construction Equipment Rental Market in Oil & Gas Industry
Market, By Region:
o
Abu Dhabi
o
Dubai
o
Sharjah
o
Rest of
UAE
Competitive
Landscape
Company
Profiles: Detailed
analysis of the major companies presents in the UAE Construction Equipment
Rental Market in Oil & Gas Industry Market.
Available
Customizations:
UAE
Construction Equipment Rental Market in Oil & Gas Industry Market report
with the given market data, Tech Sci Research offers customizations according
to the company’s specific needs. The following customization options are
available for the report:
Company
Information
- Detailed analysis
and profiling of additional market players (up to five).
UAE
Construction Equipment Rental Market in Oil & Gas Industry Market is an upcoming
report to be released soon. If you wish an early delivery of this report or
want to confirm the date of release, please contact us at [email protected]