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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Pan Ocean on Recovery Path

S. Korea’s Pan Ocean Co.  is expected to see its earnings improve amid rising Baltic Dry Index (BDI) that affects spot contracts accounting for more than half

Offshore Casualty: Harkand Group Collapses

As the prolonged slump in energy prices continues to drag on a number of oil and gas and maritime players, word has it that Harkand Group has succumbed, according to staff reports and a report on www.

Louis Dreyfus, Amaggi Hire HSBC to Sell Terminal Stake

Agricultural commodity traders Louis Dreyfus Co B.V. and Amaggi Group have hired HSBC Holdings Plc to sell part or the entire 25 percent stake they hold in a terminal at the Brazilian port of Itaqui,

Offshore

Ensco Lost 2 Petrobras Contracts

Ensco Plc has concluded discussions with Petrobras regarding revised commercial terms with respect to some rig contracts.   Ensco 6003 and Ensco 6004 had their contracts terminated effective May 1,

Offshore Casualty: Harkand Group Collapses

As the prolonged slump in energy prices continues to drag on a number of oil and gas and maritime players, word has it that Harkand Group has succumbed, according to staff reports and a report on www.

Skandi Paraty Delivered and On-hire

Skandi Paraty, owned by Norskan Offshore Ltda, has been delivered from the yard and went on-hire on a four years contract with Petrobras.   Skandi Paraty is an AHTS,

News

Louis Dreyfus, Amaggi Hire HSBC to Sell Terminal Stake

Agricultural commodity traders Louis Dreyfus Co B.V. and Amaggi Group have hired HSBC Holdings Plc to sell part or the entire 25 percent stake they hold in a terminal at the Brazilian port of Itaqui,

GPA Will Continue Weighing Containers at No Cost to Shippers

The U.S. Coast Guard announced last week that state-calibrated scales already in use at the Port of Savannah meet a new requirement of the international Safety of Life at Sea (SOLAS) Convention.

ITIC Reports on Ship Agents' Costly Transhipment Errors

International Transport Intermediaries Club (ITIC) says it continues to deal on a regular basis with claims resulting from errors by agents involving transhipment cargoes.

Marine Equipment

Ensco Lost 2 Petrobras Contracts

Ensco Plc has concluded discussions with Petrobras regarding revised commercial terms with respect to some rig contracts.   Ensco 6003 and Ensco 6004 had their contracts terminated effective May 1,

SharpEye Radar Installed and Commissioned on SAS Drakensberg

Kelvin Hughes, a company in the design and supply of navigation and security surveillance systems, has announced the installation and commissioning of a SharpEye

ICS Pushing For Balanced Update of York Antwerp Rules

At the Comité Maritime International (CMI) Conference, in New York this week, the International Chamber of Shipping (ICS) will be pressing to ensure that the proposed

Mergers & Acquisitions

Yilport Acquires Sweden's Gavle Terminal

Turkish terminal operator Yilport Holding has gained full control of Gävle’s terminals.   Yilport Holding acquired 100% shares of Gävle Container Terminal (GCT) and Baltic Sea Gateway (BSG).

Bureau Veritas Acquires TMC Marine

Bureau Veritas has acquired international consultancy TMC Marine Ltd.    TMC has provided pre- and post-casualty advice and support to the marine industry since 1979.

Maersk Mulls Acquisitions after Surprising Profit

Fragmented sector chasing alliances to cut costs; Maersk has plenty of cash for deals - CEO. A.P. Moller-Maersk returned to profit at its main container shipping business in the first quarter,

 
 
Maritime Careers / Shipboard Positions Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1511 sec (7 req/sec)