Loop
One common approach for handling of sales and release of surplus materials
About
Loop is a shared industry platform that enables a market and ecosystem for owner’s surplus materials
The service helps owners plan and free up storage space, accommodates re-use of surplus materials, and ensures professional waste management through the engagement of capable and professional brokerages and agencies.
Process and roles
Benefits
Loop helps operators and suppliers to handle surplus materials in development, modification and decommissioning projects
Reduce your company’s environmental footprint.
Reduce storage space.
Reduce scrapping costs.
No cure, no pay.
Sell surplus materials, make money.
One dedicated point of contact for all sales.
Full traceability and control of all sales across operators, brokers and buyers.
Predictable and reliable invoicing, payment and delivery.
Brokers
Currently engaged brokers
| About the company | Scope | |
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Retrade is an online auction for used equipment, machinery, vehicles and other surplus materials. | As an engaged broker in Loop, Retrade (ICS Solutions AS), is handling scopes and requests related to fixed assets and miscellaneous equipment. |
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Stena Recycling offers sustainable waste management across Europe, advancing a circular economy to enhance resource value and reduce environmental impact. | As an engaged broker in Loop, Stena Recycling is handling scopes and requests related to recycling and waste management. |
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Rigfinder aims to be part of the circular economy where buyers and sellers can trade new, used and refurbished oilfield equipment in order to maximise the lifespan and utility of existing products. | As an engaged broker in Loop, Rigfinder is handling scopes related to oilfield equipment across several categories, such as but not limited to; drilling rigs, well intervention equipment, downhole tools, vessels, safety equipment and more. |
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Tubus offers a one-stop-shop for OCTG solutions – Tubulars, accessories and related services, aiming to be the preferred broker for tubular products. Expertise ensures quality, reliability and maximum value, with focus on reuse, recycling, circularity and optimisation of customer inventory. | As an engaged broker in Loop, Tubus is handling scopes related to OCTG, new, used (P&A) and related services. By combining technical expertise with a circular mindset, the broker aims to support clients with reliable supply, efficient logistics and sustainable value creation. |
Guides and information
Documents
For brokers
Loop Walkthrough for Brokers/Agents
Guides
API
Access and authentication
Getting started with Entra ID
Company Super Users: User Management (video)
News
FAQ
How do we get access to Loop?
What is Microsoft Entra ID?
Does Loop support single-sign on (SSO) and/or user autoprovisioning?
Support
Contact information
Service
Yngve Nilsen, Senior adviser, Material management
+47 920 54 152 / yngve.nilsen@offshorenorge.no
Support
Monday – Friday (08:00 – 16:00)
+47 23 26 13 94 / support@virtualinventory.no