OEG Energy Group Limited (“OEG”, the “Group”), a leading offshore solutions business, is pleased to announce that it has completed the acquisition of Offshore Painting Services Limited (“OPS Wind”), a leading provider of specialist operations & maintenance (O&M) and training services to the offshore wind sector. OPS Wind has its head office in Liverpool with a regional office in Llandudno, North Wales.
OPS Wind will join the Group’s Renewables division, OEG Renewables, and sit within its topside service line, further positioning OEG Renewables as a leader in the provision of specialist O&M services and building upon the existing strong industry relationships of both companies. The acquisition will enhance the ability to offer integrated service solutions which are attractive for offshore wind developers and OEMs that want to increase project efficiencies and lower interface risk with contractors.
OPS Wind has established itself as a leading provider of topside asset integrity services which help to improve operational efficiency, safety, and asset protection for offshore wind farm infrastructure. The company provides composite protective solutions, has around 100 highly skilled service & maintenance technicians and operates a bespoke training facility (OPS Training). The OPS Training centre located in Liverpool provides personnel with the skills and knowledge required to safely and successfully work in the renewable energy sector.
Highlights:
- Since 2020, OEG Renewables has ramped up its specialist service and product offering in the renewables sector with 14 acquisitions, demonstrating its commitment to be a leader in the industry.
- The OPS Wind team brings a wealth of experience and talent that will further strengthen OEG Renewables’ capabilities and expand its ability to pursue its ambitious growth plans.
Highly complementary addition to OEG Renewables’ existing specialist topside, subsea, marine and cable services, creating new opportunities to offer integrated service solutions, increasing project efficiencies and lowering interface risk for clients.
Eric Briar, Managing Director for OEG Renewables, said: “We are very pleased to welcome OPS Wind to OEG. This strategic and highly complementary acquisition will strengthen and expand our topside service line as well as introduce a valuable new training offering to develop the skills and knowledge offshore personnel need to safely work and perform critical operations on offshore wind assets. Furthermore, it positions OEG Renewables as the leader in the provision of integrated solutions to the offshore wind sector.”
David Jones, Managing Director of OPS Wind, said: “Joining OEG unlocks the potential for growth via OEG Renewables’ global network, its broader service portfolio and the opportunity to integrate services and products to the benefit of our clients. Both OEG Renewables and OPS Wind share the same values and commitment to the high-quality delivery of safe, reliable, innovative and efficient services to enhance and protect our clients’ offshore wind assets.”