OEG Energy Group, a global offshore solutions business, has acquired Stowmarket-based Offshore NRG (ONRG), which provides high-voltage (HV) project engineering services to the offshore and onshore energy industry.
ONRG has established itself as a specialist in managing HV network assets for offshore wind farms and related energy infrastructure, with blue-chip clients in the UK, Taiwan and USA.
The company will join the OEG Renewables (OEGR) division, adding a new service offering and opening new market opportunities for OEGR.
Since 2020, OEG Energy Group has completed 13 acquisitions in the renewables sector as part of a rapid growth strategy.
“We are very pleased to welcome ONRG to the OEG group," said John Heiton, chief executive officer of OEG. "This strategic rationale is compelling, giving OEG Renewables the opportunity to add a high-quality, fast-growing business that brings a new set of technical skills and knowledge to OEGR’s service offering.
"The acquisition underscores our commitment to growth and innovation, allowing us to better serve the evolving needs of our clients in the growing offshore energy sector.”
Chris Emmins, founder and managing director of ONRG, said: “Joining the OEG group will allow ONRG to tap into OEG’s global network, broadening its service portfolio and unlocking the potential for combined solutions in uncharted markets.
"Both OEG Renewables and ONRG share the same values and commitment to achieving the highest possible standards of health and safety and to building lasting partnerships through the provision of client-focused, added-value solutions.”
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