OEG has acquired OSCA's entire 2,500-unit stock; its bases in Baku, Azerbaijan, and in Aktau, Kazakhstan, and Turkmenistan; as well as its stocking locations in Sakhalin, Russia; Gabon, Congo; and Angola.
The acquisitions represents OEG's second major global growth move in less than two months, following the establishment of a joint venture with Unique Maritime Group to provide offshore equipment for rental and sale in the Middle East.
OSCA provides containers, associated equipment, and services to the energy sector, including small and large drill cuttings boxes, container tipping frames designed to improve cutting removal efficiency, offshore cargo units, waste transport, and haulage.
The company specializes in manufacturing, delivering, and installing offshore units certified to the DNV 2.7-1 standard, but has recently invested in manufacturing units for operations in conditions to -40°C (-40°F), while the general standard offered by OSCA’s competitors is -20°C (-4°F).
Following the acquisition, OSCA will retain its brand as part of OEG Group.