OEG boosts global presence with acquisition of AOR Containers

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1st June 2016

OEG Offshore, a leading global provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry announces the acquisition of the AOR Group comprising Asia Offshore Rentals, Americas Offshore Rentals, Africa Offshore Rentals and AOR Norway.

The move makes OEG Offshore the second-largest provider of offshore cargo carrying units (CCUs) in the world, with the addition of AOR’s international fleet of 6,000 units taking OEG Offshore’s total fleet to 25,000 units.

AOR’s fleet matches the exacting specifications achieved across OEG Offshore’s operations, with DNV 2.7-1 accreditation in place throughout its modern fleet, which has benefited from investment of more than USD $60m over the last two years.

OEG Offshore Group Chief Executive, John Heiton, said: “AOR Containers has grown significantly over the past two years, with a sizable footprint in Norway, Africa, the far east and also the Americas. Securing its fleet moves us into the Norwegian, Congolese and Myanmar markets for the first time, and pushes OEG further up the league table, becoming one of the two largest manufacturers and suppliers of cargo units for sale and lease worldwide.”

The acquisition allows the enlarged AOR/OEG Group to offer a truly global service offering, plus a greatly expanded range of products and services and we are now able to offer the sale and rental of containers, baskets, A60 cabins, chemical tanks, helifuel services and bespoke offshore equipment.

AOR Holding