Energy-sector solutions

Whether you’re selling tubulars, production equipment or a multimillion-dollar drilling rig, Ritchie Bros. Energy has the right selling solution to get you the best returns for your assets. And we make it easy to sell from wherever you’re located, thanks to multiple selling channels and services.

Weekly online auctions IronPlanet weekly online auctions offer a convenient way to sell Oil & Gas equipment quickly from your yard to a global buyer base. Maximize your convenience and returns in a short time frame. It’s a service designed to work with your schedule and location.

Live onsite & online unreserved auctions We conduct hundreds of live unreserved auctions each year at our 40+ permanent sites and many temporary locations across North America and around the world. Eliminate the pressure, responsibility and liability, while giving buyers confidence knowing they can inspect, test and compare equipment in one central location.

24/7 online marketplace List oil and gas equipment online and let potential buyers submit offers, or sell online at a fixed, buy-it-now price; like a basic e-commerce transaction. The selling process is also aided by an inside sales team dedicated to facilitating offline negotiations between interested buyers and sellers.

For specific equipment types and situations, we offer the possibility of a direct purchase agreement. This is how it works: we inspect the equipment, estimate the value and make you an offer. Once we agree on a price, we pay you immediately – and you don’t have to worry about anything else. A mutually convenient agreement, just like that.