OEG Energy Group, an energy solutions business, has invested a seven-figure sum in a new global headquarters in Aberdeen.

The company provides mission critical technical solutions to the global offshore energy sector and says its new offices at the ABZ Business Park in Dyce will help power it to a year of expansion.

The 1,541 sq metre floorspace has room for up to 100 staff in various corporate functions while its previous corporate office in Kintore will continue as an operational hub.

It says the move to a new HQ marks a significant milestone in its 50-year journey. It has enjoyed a year of “exceptional growth”, increasing its headcount by 300 to more than 1,300 across its 65 locations worldwide.

This includes a boost to its Aberdeen workforce by 20% to circa 250 employees driven by a robust pipeline of projects in the UK and globally and through strengthening its capability.

Its new Dyce headquarters is the fifth site that OEG operates in Aberdeen with operational bases in Bridge of Don, Dyce, Portlethen and Kintore. 

The company is on track to deliver revenue in excess of £400 million for 2024 and is aiming to double that figure over the next five years.

Half of group revenue comes from the renewables division with its success fuelled by organic growth and the acquisition of 14 companies since 2020, including high voltage specialists, ONRG, and OPS Wind, earlier this year.

With strong footholds in offshore wind markets across the UK, Taiwan, and emerging regions including South Korea and the United States, the company has established itself as a key player on major offshore wind projects. 

John Heiton, OEG’s CEO, said: “Moving into a new global headquarters is another exciting milestone in the evolution of our business and reinforces our 50-year commitment to Aberdeen.

“As we continue to grow our UK and global business, this investment underscores our dedication to the city that remains at the heart of our operations.

“2025 looks set to be another year of strong growth for OEG.”