Sustainability & Circular Economy
Every reused asset is a resource saved.
DrillEquip exists to close the loop in offshore drilling. Every top drive, thruster or BOP component returned to service is embodied steel, energy and manufacturing capacity that does not need to be produced again. Our equipment is recovered exclusively through the Priya Blue Group's green recycling operations — conducted under HKC-compliant, EU-SRR-listed conditions with documented downstream waste management. When you buy recovered, you cut cost and lead time — and you make your supply chain measurably more circular. That is the Rig-to-Rig economy.
Our Vision
To be the world's most trusted, end-to-end source for recovered, refurbished and reused drilling and marine equipment — advancing the circular economy by taking high-value assets from one rig to the next, direct from source, with no traders in between.
Our Mission
To Recover, Refurbish, Reuse and Recycle equipment from responsibly recycled offshore and marine assets, and to deliver it to drilling companies and contractors worldwide as a single, end-to-end partner — with full traceability, assured reliability and honest, trustful dealing.
Our Purpose
To close the loop between rig retirement and redeployment. By recovering sound engineering, refurbishing it to standard, and returning it to reliable reuse, we keep usable assets working for longer — for our customers, our industry and the planet.
Circular by design
The four-R model that turns retired rigs into reliable working assets.
Recover
High-value equipment identified and recovered from the responsible, green recycling of offshore rigs, drillships and vessels at Alang, India.
Refurbish
Cleaned, repaired, tested and refurbished to recognised standards — ready for reliable reuse.
Reuse
Sold direct to the buyer, with no traders in between, so sound engineering keeps working for longer.
Recycle
Keeping high-value engineering in service and out of the scrap stream, at a fraction of the environmental impact of buying new.
Traceability & trust
Every item is traced to its source vessel or rig and backed by documentation. What we tell you is what you get.
Recovery, handling and dispatch under strict, audited safety systems — our group's industry benchmark.
The Rig-to-Rig Circular Workflow
DrillEquip runs one traceable, circular process that carries every asset from a recycled rig to a satisfied buyer — and back into productive service.
1 – 4 · Source
IADC upload → inventory upload → identify equipment & spares → collect all documents, data & certifications.
5 – 7 · List & Store
Place on the DrillEquip marketplace → tag for inventory → relocate for storage & warehousing.
8 · Refurbish
Refurbish on requirement — clean, repair, test and (where required) certify.
9 – 11 · Engage
Customer enquiry (RFQ) → send brochure & documents → quotation & terms.
12 – 14 · Fulfil
Buyer inspection → order confirmation → support in packing, loading, logistics & delivery.
Outcome
A satisfied buyer and a trustful trade — equipment reused, from one rig to the next.
Part of the circular economy
Browse recovered equipment ready for reuse, or talk to our team about your fleet requirements.