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Shoaibi Group, RSS ink joint venture agreement for Saudi Arabia operations

  • Saudi Arabia: Thursday, October 16 - 2008 at 13:36
  • PRESS RELEASE

The Shoaibi Group, a diverse group of companies based in Saudi Arabia, and Rental Solutions & Services LLC (RSS), a global provider of rental power & cooling, have recently signed a joint venture agreement to supply temporary cooling and power services within the Kingdom of Saudi Arabia.

Khalid Al Shoaibi, The Shoaibi Group Director, says, "The Shoaibi Group is committed to providing significant resources and in-depth local market knowledge in chosen industrial sectors to deliver competitive advantages to its partners and customers. The Shoaibi Group will be providing local market knowledge while RSS will contribute an already very successful business model and niche technical capabilities. There is a perfect synergy which will benefit Saudi Arabia's industrial & commercial market."

Mark Jenkins, Shoaibi Group Director, mentioned:
"Saudi Arabia's increasing construction projects in all sectors will provide significant opportunities for this venture."


Milan Balac, Managing Director of Rental Solutions & Services, says:
"The Shoaibi Group has provided RSS KSA with superb facilities and infrastructure that will ensure we can make an immediate impact in The Kingdom of Saudi Arabia. Furthermore, The Shoaibi Group, being one of the most diversified groups in Saudi Arabia will open up several key markets for this new venture."


Colin Cave, GM of RSS for Saudi Arabia, says that "We can now provide excellent products and services within KSA. Not only can we offer the full range of rental cooling equipment, and generators, but we can further support our wide and diverse customer base due to The Shoaibi Group's presence in major cities, which include Dammam, Jeddah, Al Khobar, Riyadh, Madinah, Makkah, Jubail & Yanbu."
(L-R): Mark Jenkins, Shoaibi Group Director, and Milan Balac, Managing Director of Rental Solutions & Services. 
(L-R): Mark Jenkins, Shoaibi Group Director, and Milan Balac, Managing Director of Rental Solutions & Services.
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Notes and Media Contacts »

ABOUT THE SHOAIBI GROUP:

Established more than 30 years, The Shoaibi Group has an established reputation for engineering excellence and reliability in the oil, gas, power, IT and telecommunications sectors where it draws on local and international resources to benefit both its partners and customers.

The Group achieves this aim through a network of joint venture companies, partnerships and agencies in association with international and domestic companies.

The Group headquarters are located in Al Khobar, with subsidiaries in Dammam, Riyadh, Jeddah and United Kingdom. Besides, the group operates through a number of associated companies network worldwide.

The Shoaibi Group is a founding member of the Gulf Capital, Gulf One Bank, Venture Capital Bank and Saudi United Cooperative Insurance Company.

ABOUT RSS:

Rental Solutions & Services LLC (RSS) is a global provider of temporary power and a leader in rental cooling solutions in the Middle East, offering reliable equipment, flexible services and exceptional engineering services, at a moments notice.

RSS Temporary Cooling Solutions: includes high efficiency air-cooled chillers; water-cooled modules, cooling towers and integral VFD pumps; wide range of fluid pumps for various applications; variety of certified high pressure flexible hoses; large inventory of fluid line components including double regulating valves, non-return valves, strainers and associated equipment; automatic make-up water and chemical treatment systems; in-house fabrication facilities for project-specific installation requirements such as headers, reducers and connection points; remote monitoring options are also available for all temporary chiller installations.

RSS Temporary Power Solutions: includes full range of acoustically containerized generators; distribution boards, change-over panels and junction boxes; extended range of environmentally safe fuel tanks; high current rating flexible power cables for extreme ambient conditions.

RSS Turnkey Solutions: flexibility, rapid response and understanding the requirements of our customers are successful elements in providing turnkey solutions in power and cooling projects. Customers trust RSS because of our proven ability to provide reliable and realistic solutions for any situation.

RSS in-house engineering and fabrication facility enables us to fully support, manage and operate any temporary cooling and power application.

Press Contact:

Robert Bagatsing
Rental Solutions & Services LLC
P.O. Box 53220, Dubai, United Arab Emirates
Tel: + 971 4 3234133
Fax: + 971 4 3234143

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