OEG Boosts Global Presence with Acquisition of AOR Containers
Leading offshore Cargo Carrying and A60 module company OEG Offshore (OEG) is moving into Norway, Congo and Myanmar for the first time, with its acquisition of AOR Containers, a major player in Europe, Africa and Asia.
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.
AOR CEO Eirik Ellingsen joins OEG as President as part of the deal, and will head up the combined companies’ regional operations. The Singapore-headquartered AOR’s 20 staff join OEG’s global roster of 140 employees.
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.
“Eirik Ellingsen is also a significant capture for OEG – he has extensive global experience at the helm of major suppliers of CCUs including the Ferguson Group in addition to AOR Containers.”
OEG has made a number of key acquisitions in recent years including Cameron Rental and Tank in the US in 2015, and Caspian region specialist OSCA Environmental Services in 2014.
OEG Offshore can design and outfit modules, cabins and skid packages to perform any number of functions to suit client project requirements, suitable for operations in arctic, desert, offshore and onshore environments.
OEG’s range of DNV 2.7-1 cargo carrying units as well as A60 engineering cabins are available worldwide. They offer the same varied range of equipment for sale as well as rental, alongside a bespoke design service.
For further information please contact Lorraine Mitchell, Global Marketing and Communications Manager.
Notes to Editors
OEG Offshore is a leading provider of specialist offshore cargo carrying units, A60 cabins, pumps and fluid handling. Headquartered in Aberdeen, OEG provides one of the most modern and diversified fleets of equipment on a sale or rental basis from a network of worldwide bases.
OEG Offshore designs, manufactures, sells, rents and leases standard, specialised or customised products certified to the globally recognised DNV 2.7-1 & EN 12079 to any country around the globe. OEG holds designs for over 250 individual DNV certified designs of Cargo Carrying Units (CCUs) and A60 cabins that are complemented by a bespoke design service. The company’s extensive hire fleet, located at strategic regional bases, allows immediate access for mobilisation to our customers – 24-hours-a-day, 7-days-a-week and 365-days-a-year.
OEG’s team of more than 140 personnel service assets operating in every major oil and gas province from 28 main bases around the world. OEG Offshore boasts local depots or partnerships across the Asia Pacific region including Singapore, Indonesia, Malaysia, Brunei, Thailand, Myanmar and China as well as Australia and New Zealand.