Offshore Wind Growth Drives Revenue for OEG Energy Group ...Middle East

OILPRICE - Economy
Offshore Wind Growth Drives Revenue for OEG Energy Group
source : OILPRICE ( Middle East ) () 33
A UK energy services giant returned to profit and created hundreds of jobs in the year before being acquired in a deal which valued it at more than $1bn (£737m). OEG Energy Group, which is headquartered in Aberdeen, has reported a pre-tax profit of $4.4m for 2024, having posted a pre-tax loss of $14.9m in 2023. New accounts filed with Companies House also show its revenue jumped from $320.5m to $537.3m in the year while its headcount also grew from 1,052 to 1,361. The results come after US investment group Apollo agreed to buy OEG Energy…

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