Rental companies offer the latest and most up-to-date BOP equipment, which can provide significant safety and operational advantages over older or outdated equipment. By renting, companies can access the latest technology without having to make a significant investment in new equipment.
Overall, renting BOP equipment can provide significant benefits in terms of cost savings, flexibility, liability reduction, and access to the latest technology. However, companies should carefully evaluate their specific needs and circumstances before deciding whether renting or owning is the best option for their business.