Aberdeen's OEG Energy Group makes fifth acquisition of 2023 as it continues renewables expansion push.
OEG chief executive officer John Heiton said the company is targeting up to 12 acquisitions in the offshore wind sector.
North-east firm OEG Group has moved to distance itself from the multibillionaire Azerbaijani founder and president of Russian energy firm Lukoil.
Aberdeen-headquartered OEG Offshore has acquired temporary power, engineering and vessel specialist Manor Renewable Energy.
OEG Offshore, of Aberdeen, has bought the firm which is kitting out the Aberdeen Bay wind turbines with toilets for an undisclosed sum.
Offshore container and module manufacturer OEG Offshore, of Aberdeen, said yesterday it was enjoying further growth in the Caspian region.
A new contract for OEG Offshore has taken the value of the oil and gas industry cabin and container firm’s global projects order book to £3.8 million.
Aberdeen-headquartered OEG Offshore has appointed a senior vice president to take over its business in the Gulf of Mexico.
OEG Offshore has delivered several contracts for Remotely Operated Vehicle control modules worth £1.8 million.
Oil and gas industry cabin and container firm OEG Offshore has snapped up a US business in a multimillion-pound deal.
OEG Offshore (OEG), the Aberdeen-based offshore cabin and container firm, is carrying out deliveries across Europe and Africa under recently-won contracts worth more than £900,000.
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.
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.
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.