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OEG to acquire Bluestream Offshore

Posted on 29 November 2023

OEG to acquire Bluestream Offshore

OEG is pleased to announce that it has signed a Sale and Purchase Agreement for the acquisition of Bluestream Offshore B.V, a specialist in subsea and topside services based in The Netherlands.

▶️ The acquisition will increase OEG’s subsea and topside capabilities while expanding its operating footprint to be able to pursue further opportunities in the growing offshore renewables industry in Mainland Europe through Bluestream's existing strong reputation.
▶️ This is the fifth acquisition to be made this year, and the eleventh since OEG began growing OEG Renewables in 2020, demonstrating the ambition to rapidly build a market leader well positioned to capitalise on the long-term opportunities in the sector.
▶️ Bluestream to retain established brand and operate as a subsidiary within OEG Renewables, expanding the division’s skilled workforce to over 500 people.

For more information and to view the press release, please see: https://ow.ly/tXVJ50Q9uC8