ABERDEEN firm OEG Offshore has secured two significant rental contracts worth a combined £1.6million with Total E&P Netherlands and Marathon Oil.
The company, which specialises in the design, build and rental of cabins and cargo-carrying units for the offshore oil and gas market, has been awarded three-year contracts by the major operators, with the potential for each deal to be extended by a further two years.
Total has contracted it to supply more than 200 containers and baskets for operational use in Dutch waters.
The deal was won in conjunction with Dutch company, Lubbers Logistics, which acts as a local agent for it.
The Marathon Oil contract will require the delivery of up to 200 cargo baskets for use in the company’s North Sea projects.
Director Ross Baird said: “These major rental contracts demonstrate OEG’s continued growth as we strive to expand our presence in Europe and establish the company as one that customers can rely on for longer term, large scale projects.
“Our ongoing plans to increase the company’s share of the container market has been a key factor in the transition from small-scale supply to managing larger, longer-term deals involving hundreds of units and modules.
“Our commitment to delivering the contract with Total is strengthened by the excellent working relationship that we have with Lubbers Logistics, as well as our investment of above £536,000 in expanding OEG’s rental fleet in the Netherlands.”