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Apollo Funds to Acquire OEG, a Leading Provider of Core Services to the Offshore Energy Industry

Apollo Funds to Acquire OEG, a Leading Provider of Core Services to the Offshore Energy Industry

Apollo Acquires Majority Stake in OEG Energy Group – Apollo funds will acquire a majority stake in offshore energy solutions provider OEG Energy Group, valuing the company at over $1 billion. Oaktree and other investors will retain a minority stake. The transaction aims to support OEG’s growth in offshore oil & gas and wind energy services, leveraging Apollo’s expertise in energy transition investments.

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