OEG Offshore

Oil & Gas

Offshore cabin and container firm OEG targets new markets after rival takeover

An Aberdeen-based offshore cabin and container firm said yesterday it had snapped up a rival, paving the way for its expansion into Norway, Congo and Myanmar. The acquisition of Singapore-headquartered AOR Containers from Buss Global Group raises OEG Offshore’s global headcount to 160 from 140. It also adds 6,000 containers to the existing fleet of 19,000 at OEG, which was created in 2010 following a merger between Continental Offshore and Vertec Engineering.

Oil & Gas

OEG Offshore merges US business with CRT

OEG Offshore has merged its US business with equipment provider Cameron Rental and Tank Inc (CRT). The multi-million dollar move has been made in a bid to enlarge the combined businesses with a full geographic network of locations across the Gulf of Mexico region. OEG Houston’s recent relocation to a larger office facility in the city’s energy corridor and its merger with CRT is the next step in the development of the company’s strategy to offer services to the Gulf of Mexico region.


New CFO for OEG Offshore

OEG Offshore said yesterday it had recruited chartered accountant Adrian Bannister from fellow Aberdeen firm Viking Seatech to become its new chief financial officer (CFO). Mr Bannister has been CFO at Viking, which carries out engineering services including mooring analysis and modelling for rig locations and moves, and recently diversified into broader asset-management work since 2012. He was previously CEO at both Stork Technical Services and Sparrows Offshore Group.