Announced
Financials
Sources
Tags
Netherlands
topside services
Acquisition
Cross Border
Private
Pending
Friendly
subsea services
Specialty Contracting
Single Bidder
Majority
Synopsis
OEG Energy Group, an offshore solutions business, agreed to acquire Bluestream Offshore, a specialist in subsea and topside services based in The Netherlands. Financial terms were not disclosed. "We are delighted to welcome Bluestream Offshore to the OEG Group. This value-accretive and strategically complementary acquisition will further strengthen OEG’s service offering and operating footprint in the growing European offshore energy market. This is in line with our strategy to make value enhancing acquisitions to position OEG as the leader in the provision of mission-critical services and solutions supporting the energy transition," John Heiton, OEG CEO.
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