OEG Offshore Acquires OSCA Environmental Services

Posted By Gabby DelGatto
Wednesday, June 25, 2014
Osca regional director Donald Guthrie, OEG CEO John Heiton, Osca Chairman Bob Smith at OEG's base at Dyce, Aberdeen (Credit OEG)

Cargo-carrying unit, OEG Offshore, announced its gain of OSCA Environmental Services Ltd., saying the acquisition expands its international reach in the Caspian region.

OEG has acquired OSCA's 2,500-unit stock has multiple bases including: Baku, Azerbaijan and Aktau, Kazakhstan, and Turkmenistan. Additional stocking locations include: Sakhalin, Russia, Gabon, Congo and Angola.

This acquirement is OEG’s second major global move in less than two months, following the establishment of a Joint Venture with Unique Maritime Group, providing offshore equipment for rental and sale in the ME.

OSCA provides containers, associated equipment and services such as drill cuttings boxes, container tipping frames, offshore cargo units, and  waste transport to the energy sector,

The company specializes in manufacturing, delivering and installing offshore units certified by the DNV 2.7-1 standard, with recent investment in manufacturing units for operations in conditions to -40.

John Heiton, OEG Offshore CEO, said: "OSCA is a perfect fit for us, as the largest specialist provider of containers and cuttings cargo storage in the Caspian region as well as to Sakhalin and West Africa, it links seamlessly with our successful North Sea, African, Asia Pacific, Australian and Americas’ operations.

"The business has been hugely successful for more than 18 years, delivering European Standard and DNV-certified container and cargo solutions to operators and the supply chain – its products and vastly experienced team are a huge asset for OEG.

"As part of OEG Group, OSCA's market-leading position in the Caspian region provides our existing clients with key new products from stock, and introduces our wider offering to a range of new clients."

Following the acquisition OSCA, retaining its brand as part of OEG Group, will be led by long-standing commercial manager Donald Guthrie, soon to be the new regional director.

Bob Smith, owner-MD of OSCA who is remaining with the business as chairman of the OSCA group, said: "After establishing the business in 1996, we have had tremendous success and recently worked in parallel with OEG – I have no doubt OSCA will secure further growth as part of the group.

"Achieving international certification and setting new standards for the quality and reliability of container and cargo equipment has been a core focus for OSCA, principles which are also the foundation of OEG's business.

"Donald Guthrie is the ideal candidate to take on the day-to-day management running of the business and I am sure that he and the rest of the team will continue to provide high quality service to our current and future customers."
 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore

Kemp Succeeds Semple at Wood Group

Wood Group announced following changes to its senior management team. Alan Semple, chief financial officer (CFO) has advised the board that he intends to

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the

Container Ships

Sea Star Line: Equipment Replacement Plan on Track

Company Receives New Refrigerated Containers and Places Order for New Genset Equipment   Sea Star Line, LLC began receiving the first of its new 100 40’ and 45’

October Imports up 9% at Port of Oakland

Containerized imports shipped through the Port of Oakland were up 9.17% in October from a year ago, the port said, citing the surge as the biggest jump in import cargo volume in six months.

Video: Reefer RoRo Ship Design Rebooted

Expanding on the Reefer RoRo Ship design release in September last year, naval architects group Knud E. Hansen A/S has continued the development of the new Reefer RoRo Ship design with version II.

News

USCG Assist Duck Hunters Near Harrington Beach Park

The Coast Guard and the Port Washington and Cedar Grove Fire Departments came to the assistance of two duck hunters on Lake Michigan Friday. The names of those involved are not being released.

Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore

Kemp Succeeds Semple at Wood Group

Wood Group announced following changes to its senior management team. Alan Semple, chief financial officer (CFO) has advised the board that he intends to

Marine Equipment

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

Sea Star Line: Equipment Replacement Plan on Track

Company Receives New Refrigerated Containers and Places Order for New Genset Equipment   Sea Star Line, LLC began receiving the first of its new 100 40’ and 45’

Mergers & Acquisitions

Fulcrum Buys BMT Snyek Technologies

BMT Group announced the sale of BMT Syntek Technologies Inc to Fulcrum Corporation. Fulcrum Corporation, based in Arlington, VA., providies customized services

BEST Readies for Mega Ships

Hutchison Port Holdings Limited (HPH) subsidiary Barcelona Europe South Terminal (BEST), located at the Port of Barcelona, today held a ceremony for the arrival of three new Quay Cranes (QCs),

COSL Takes Delivery of New Semisub

China Oilfield Services Limited saw successful delivery of the deepwater semi-submersible drilling rig COSLProspector it invested in and commissioned to build in Yantai, Shandong today.

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2227 sec (4 req/sec)