Business

OEG moves its HQ to Aberdeen

OEG Energy Group, a leading energy solutions business, has moved into a new global headquarters (HQ) at The Stratus Building, ABZ Business Park in Dyce, Aberdeen, following a seven-figure sum investment in a multi-year lease.

The office, which can accommodate up to 100 personnel across three floors, is a significant milestone in the company's 50-year journey and serves as a launchpad for its ambitious global expansion in renewables and other key offshore energy markets.

The move reflects the company's strategic focus on integration and brings together various corporate functions to enhance service delivery.

OEG has experienced exceptional growth, increasing its headcount by 300 to over 1,300 across its 65 locations worldwide. The new Dyce headquarters is the fifth site that OEG operates in Aberdeen, with operational bases in Bridge of Don, Dyce, Portlethen, and Kintore.

OEG is a leading provider of mission-critical technical solutions to the global offshore energy sector, with its Renewables division now generating over half of the group's revenue.

John Heiton, OEG’s CEO, said: "Moving into a new global headquarters is another exciting milestone in the evolution of our business and reinforces our 50-year commitment to Aberdeen. As we continue to grow our UK and global business, this investment underscores our dedication to the city that remains at the heart of our operations.

"2025 looks set to be another year of strong growth for OEG. With a strengthened leadership team and a clear strategy, we are on track to deliver revenue in excess of £400 million for 2024 and aiming to achieve £800 million turnover within the next five years, driven by our expanding global footprint and enhanced capability to deliver fully integrated service solutions to energy clients worldwide."