OEG stands as a global leader in the provision of reusable, DNV-certified offshore cargo carrying units (CCUs), offshore modules, offshore tanks and waste management solutions. Primarily serving the offshore oil and gas industry worldwide, including the active GCC region where OEG has established a strong foothold. It has a regional headquarters in the UAE with strategic partnerships in place across the region, including partner offices in Saudi Arabia and Qatar.

The company's rapid growth in the Middle East over the past five years has been a result of strategic acquisitions and organic expansion. The acquisition of Hoover Ferguson in 2020 and Modex in 2021 solidified OEG's position as the market leader, boasting a modern fleet of over 75,000 containers globally, of which 7,000 are dedicated to the Middle East market. With an impressive utilisation rate of around 86% in the Middle East, OEG will add a further 1500 units to its fleet in the region during 2025.

Leveraging a 50-year heritage and core capabilities developed in the UK and Norwegian North Sea provinces, OEG is a pioneer in promoting the highest industry standards and best practices. It’s commitment to safety and innovation is exemplified by the early introduction as far back as 2008 of DNV 2.7-1 Cargo Carrying Units (CCUs) into the Middle East region which are built to the highest standards for safe equipment handling in challenging offshore environments.

What sets OEG apart is its commitment to being a leader in the provision of best-in-class equipment, continuous improvement and innovation in its product offering. The company's modern fleet is constantly evolving to meet and exceed the ever-changing demands of its clients. As the market leader, the business benefits from having the scale to ensure the availability of a broad range of products at short notice through its global network. To support its extensive and growing CCU fleet OEG operates the most developed hub in the region for high volume unit handling with a 35,000sqm facility staffed with a skilled and talented team of specialists who ensure our clients receive the best-in-class solutions for their operations.

Demand for OEG's oil and gas products and services in the Middle East has been robust, driving the company to actively expand its capacity to meet a double-digit growth in demand. Oil and gas remain a cornerstone of many GCC countries' economies, contributing significantly to GDP and supporting ambitious diversification plans like Saudi Arabia's Vision 2030 and the UAE's National Vision 2030 as well as others across the region.

Aligned with these regional and national goals, OEG is committed to delivering a safer, more reliable, and environmentally responsible industry. While CCUs remain its core business, the company is actively diversifying its offerings to support a successful and timely energy transition. OEG has been investing in building a fleet of intermodal cryogenic tanks to address the growing transport needs of hydrogen production and captured carbon dioxide. Additionally, the company is expanding into the provision of battery energy storage systems (BESS) solutions, further solidifying its position as a strategic partner for the Middle East's energy future.