Aberdeen’s OEG seeking up to £100m in acquisitions a year
Aberdeen's OEG Energy Group has bought up 14 businesses in the last four years and boss John Heiton aims to maintain the pace.
OEG Offshore
Aberdeen’s OEG acquires offshore wind services business OPS Wind
Aberdeen-headquartered global offshore services provider OEG Energy Group has acquired Liverpool-based Offshore Painting Services (OPS) Wind.
Power Moves: ScottishPower CFO and more
ScottishPower made two senior appointments with Charles Langan becoming its new chief financial officer and Nicola Connelly taking over as chief executive for SP Energy Networks.
Collaboration key to unlocking UK’s £1 trillion offshore wind export opportunity
The UK can unlock significant future growth opportunities in offshore wind – but only if industry and government work collaboratively to support a positive investment climate.
OEG Renewables lands US offshore wind contract with Ørsted
Aberdeen-headquartered OEG Renewables has landed a multi-year deal with Ørsted covering its offshore wind projects in the north-eastern US.
Is the UK missing a ‘Tier One’ service provider for renewables?
As the UK pushes forward with its energy transition ambitions OEG Renewables wants to see domestic "Tier One" contractors in green energy.
Aberdeen’s OEG revenues up 35% after year of renewables-focused acquisitions
OEG achieves "milestone" goal of even split in revenues between renewables and offshore oil and gas
Aberdeen’s OEG Renewables lands Taiwan offshore wind contracts
OEG Renewables is continuing its expansion into the Asia-Pacific renewables markets, with further opportunities beckoning in Japan and South Korea
Aberdeen’s OEG acquires Dutch subsea and topside services firm Bluestream Offshore
Aberdeen's OEG Energy Group makes fifth acquisition of 2023 as it continues renewables expansion push.
Aberdeen’s OEG raises $140m for rapid renewables expansion
OEG chief executive officer John Heiton said the company is targeting up to 12 acquisitions in the offshore wind sector.
OEG moves to disentangle itself from Russian oil tycoon
North-east firm OEG Group has moved to distance itself from the multibillionaire Azerbaijani founder and president of Russian energy firm Lukoil.
Aberdeen’s OEG Offshore ‘massively broadens’ renewables offering with Manor acquisition
Aberdeen-headquartered OEG Offshore has acquired temporary power, engineering and vessel specialist Manor Renewable Energy.
OEG Offshore swoops for turbine toilet maker Pegasus
OEG Offshore, of Aberdeen, has bought the firm which is kitting out the Aberdeen Bay wind turbines with toilets for an undisclosed sum.
Aberdeen-based OEG Offshore enjoying growth in the Caspian
Offshore container and module manufacturer OEG Offshore, of Aberdeen, said yesterday it was enjoying further growth in the Caspian region.
New contract boosts OEG’s order book to £3.8m
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.
OEG appoints senior vice president for Gulf of Mexico
Aberdeen-headquartered OEG Offshore has appointed a senior vice president to take over its business in the Gulf of Mexico.
OEG Offshore delivers on ROV module contracts worth £1.8 million to subsea sector
OEG Offshore has delivered several contracts for Remotely Operated Vehicle control modules worth £1.8 million.
OEG Offshore announces US expansion
Oil and gas industry cabin and container firm OEG Offshore has snapped up a US business in a multimillion-pound deal.
OEG working across Europe and Africa after deals of £900k
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.
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.
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.