About OEG
OEG is a company based in Shoreview (United States) founded in 1991 was acquired by KKR in July 2014. It operates as a Managed Services and Product-as-a-Service. OEG has completed 3 acquisitions, including 23 Degrees Renewables, ONRG and Pelagian. OEG offers products and services including Offshore Equipment Solutions, Temporary Power Solutions, Subsea Services, and Helicopter Refuelling Systems.
- Headquarter Shoreview, United States
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Sectors
Energy & UtilitiesIndustrial Goods & Manufacturing
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Oeg
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$140 M (USD), Debt – Conventional
Oct 12, 2023
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Investors
Goldman Sachs
& 4 more
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Employee Count
Not available
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Investments & Acquisitions
23 Degrees Renewables
& 2 more
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Acquired by
KKR
(Jul 09, 2014)
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Products & Services of OEG
OEG offers a comprehensive portfolio of products and services, including Offshore Equipment Solutions, Temporary Power Solutions, Subsea Services, and Helicopter Refuelling Systems.
Equipment solutions are provided for offshore energy projects.
Temporary power solutions are delivered for offshore operations.
Subsea services are offered for underwater energy projects.
Refuelling systems are provided for offshore helicopter operations.
People of OEG
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Funding Insights of OEG
Investors in OEG
OEG has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, NatWest and Citi.
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Investment banking services are delivered across multiple financial sectors.
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Multiple sectors are invested in by this private equity firm.
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Commercial bank
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Investor details for OEG
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Investments & Acquisitions by OEG
OEG has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 23 Degrees Renewables, ONRG and Pelagian.
Investment portfolio details for OEG
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Ship engineering and design services are provided to maritime clients.
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Electrical systems and equipment are managed for offshore applications.
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Cables are manufactured by Pelagian for industrial use.
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Locked | Locked | 2002 | Locked |
Complete acquisition details for OEG
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - OEG
Detailed financials for OEG
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Oeg Comparisons
Peer comparison for OEG
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Competitors of OEG
Detailed competitors of OEG
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Latest news on Oeg
Complete news archive for OEG
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Frequently Asked Questions about OEG
OEG was founded in 1991 and raised its 1st funding round 32 years after it was founded.
OEG is headquartered in Shoreview, United States. It is registered at Shoreview, Minnesota, United States.
OEG is recognized as a leading provider of mission-critical infrastructure assets and technical solutions to the global offshore energy industry. Services are offered across the full energy value chain, including topside services, offshore equipment solutions, temporary power, subsea services, and aviation support. Operations span over 65 countries, supporting key energy markets across six continents. Specialized solutions are delivered for offshore wind farms, with involvement in approximately 97 of global projects. Additionally, training programs are provided for the next generation of offshore professionals. The focus remains on operational excellence, sustainability, and delivery of integrated energy solutions.
OEG offers Offshore Equipment Solutions, Temporary Power Solutions, Subsea Services, and Helicopter Refuelling Systems.
OEG has made 3 acquisitions, including 23 Degrees Renewables, ONRG, and Pelagian.
OEG has 5 investors. Key investors include Goldman Sachs, NatWest, Citi, KKR, and Santander Bank.