Offshore Energy Installation

What Offshore Energy Installation does

Offshore Energy Installation JSC (OEI) is a Vietnam-based private joint stock company founded in 2020, headquartered in Ho Chi Minh City with a fabrication yard and operations base in Vung Tau. The company provides offshore engineering, procurement, construction, and installation (EPCI) services to the renewable energy and oil & gas industries, with a portfolio of eight service lines: offshore transportation and installation of heavy equipment up to 10,000 tonnes; marine fleet operation and maintenance; skilled personnel and technical support; steel structure fabrication; EPCI project management; operations and maintenance; provision of marine equipment and certified operators; and removal and decommissioning. OEI serves offshore wind developers (Orsted, CIP, Van Oord, Vestas, PECC2, REE Corporation, Me Kong Wind Power), offshore installation contractors (MMA Offshore, Seaway 7, Sing Da Marine Structure), and oil & gas clients (Chevron Thailand, Vietsovpetro). Geographically, the company is actively operating across Vietnam, Taiwan, Thailand, and Indonesia.

OEI's technology stack combines conventional structural and wind engineering software (SACS, ANSYS, PLAXIS 3D, WindPRO, WAsP, NREL-OpenFAST, NREL-FAST.Farm) with owned marine assets including the OEI-03 cable laying barge, OEI-Tan Cang 01 transportation barge, and OEI-Tancang-03 work barge, plus a state-of-the-art fabrication facility in Vung Tau. The company holds a patent for SEASTAR, a proprietary offshore wind farm design. Equipment is endorsed by Bureau Veritas and ABS, and operators are certified to GWO and OPITO international standards.

OEI's business model is project-based B2B services, with revenue generated through custom-quoted EPCI contracts, equipment and operator rentals, marine logistics, and managed services. There is no public pricing, no recurring SaaS revenue, and no disclosed external funding. Go-to-market is direct enterprise sales combined with industry association memberships (VOEG, NOF, BritCham Vietnam, GWEC) and strategic alliances with Herera (heavy lift) and Sapura (offshore installation), enabling OEI to bid on scopes beyond its owned asset base. The leadership team includes Founder and Construction Manager Dao Binh.

Name

Offshore Energy Installation

Legal name

Offshore Energy Installation JSC

Website

https://oei.com.vn

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Offshore Energy Installation JSC is a Vietnam-based EPCI services company providing offshore transportation, installation, cable laying, steel fabrication, and decommissioning for offshore wind developers and oil & gas clients across Vietnam, Taiwan, Thailand, and Indonesia.

Ownership category

akta.pro rank

Product category

Offshore Engineering Services

NAICS

Construction Machinery Manufacturing (333120)

SIC

Construction Machinery & Equip (3531)

akta.pro primary industry

Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support) (EUAMAFAI)

akta.pro secondary industries

Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Offshore Wind Substructures & Marine Engineering (Monopiles, Jackets, Floating) (EUAMACAE), Wind Turbine Installation & Commissioning (Cranes, Vessels, Jack-ups) (EUAMACAG), Marine & Offshore Energy O&M (Offshore Wind, Platforms, Subsea Assets) (EUAEAGAO)

Keywords

• Offshore wind installation
• EPCI services
• Marine fleet operations
• Steel structure fabrication
• Offshore decommissioning

Headquarters

HQ city

Vung Tau

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. EPCI Project Management Services: Full-scope Engineering, Procurement, Construction, and Installation services for offshore wind and oil & gas projects, including project management, engineering design, global procurement, and construction management
2. Offshore Transportation & Installation: Heavy equipment transport and expert installations for offshore structures including modules and jackets up to 10,000 tonnes, using in-house barge fleet
3. Marine Fleet Operation and Maintenance: Management and maintenance services for marine vessels including barges, cable laying barges, and construction barges
4. Provision of Marine Equipment & Operators: Rental of specialized marine equipment including cranes, winches, cable burial tools along with expert operators trained and certified by GWO and OPITO
5. Steel Structure Fabrication: Fabrication of OWF foundation structures and marine equipment at Vung Tau workshop, including custom fabrication and on-site operations
6. Skilled Personnel and Technical Support: Deployment of skilled workforce including welders, riggers, painters, scaffolders, fitters, and supervisors for EPCI projects and structural fabrication
7. Operation and Maintenance Services: O&M services for offshore structures including above-water maintenance, submarine cable O&M, scour protection, and structural maintenance
8. Removal and Decommissioning: Decommissioning services including subsea pipeline decommissioning, topside decommissioning, jacket removal, and site restoration

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Offshore Energy Installation (OEI) provides Engineering, Procurement, Construction, and Installation (EPCI) services for offshore wind farms and oil & gas projects across Southeast Asia and Taiwan. Its offerings include offshore transportation and heavy-lift installation, marine fleet operation and maintenance, steel structure fabrication at its Vung Tau yard, deployment of certified skilled personnel, operations and maintenance of offshore structures, rental of specialized marine equipment with operators, and removal/decommissioning services. The company leverages its in-house barge fleet, fabrication facilities, and the patented SEASTAR wind farm design to deliver integrated project execution.

Product overview

OEI is an offshore engineering services company offering a comprehensive suite of eight interconnected service offerings for the renewable energy (primarily offshore wind) and oil & gas industries. The core portfolio includes Offshore Transportation & Installation (managing super heavy equipment up to 10,000 tonnes), Marine Fleet Operation and Maintenance, Steel Structure Fabrication Services, EPCI Project Management Services, Operation and Maintenance, Skilled Personnel and Technical Support, Provision of Marine Equipment & Operators, and Removal and Decommissioning. The company also holds a patented SEASTAR design for offshore wind farms. These services are designed to work together as an integrated offering, enabling OEI to support clients from project conception through execution and into decommissioning, covering the full lifecycle of offshore energy installations.

Differentiator

Problem solved

Functional benefit

Products and services

• Offshore Transportation & Installation Transportation and installation of super heavy offshore equipment including modules and jackets up to 10,000 tonnes, using OEI's in-house barge fleet and strategic alliances with heavy-lift crane barge providers. Designed for offshore wind developers, EPC contractors, and oil & gas operators.
• Marine Fleet Operation and Maintenance Management and maintenance of diverse marine vessels including standard barges, cable laying barges, and construction barges, providing regular inspections, repairs, equipment overhauls, and upgrades. For offshore project owners and fleet operators.
• Skilled Personnel and Technical Support Deployment of competent skilled personnel for EPCI projects including welders, supervisors, scaffolding teams, painters, riggers, and cutters, with expertise spanning onshore and offshore facilities in Oil & Gas and Power Plant industries.
• Steel Structure Fabrication Services Fabrication of offshore wind farm (OWF) foundation structures with precision engineering including workshop drawings, welding drawings, lifting engineering, and fabrication at the Vung Tau workshop or client sites. For offshore wind developers and EPC contractors.
• EPCI Project Management Services Comprehensive Engineering, Procurement, Construction, and Installation services combining cutting-edge engineering with strategic contracting and global procurement expertise for renewable energy and offshore projects. For offshore wind developers and oil & gas project owners.
• Operation and Maintenance Offshore O&M services for structures above and below water including structural integrity checks, underwater surveying, submarine cable services, scour protection, and structural maintenance. For offshore wind farm and oil & gas asset operators.
• Provision of Marine Equipment & Operators Custom equipment fabrication and rental of specialized marine equipment including turntable baskets, cable tensioners, gensets, air compressors, winches, cranes, and subsea cable joining equipment, accompanied by expert operators certified under GWO and OPITO. For offshore project developers and EPC contractors.
• Removal and Decommissioning Comprehensive decommissioning solutions including subsea pipeline decommissioning, topside decommissioning, jacket removal, and site restoration, with emphasis on safety and environmental responsibility. For oil & gas operators and offshore asset owners.

Quantifiable outcome

• 20,000+ LTI-free manhours achieved demonstrating strong safety performance
• +5 more outcomes

Named customers17 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Nine partnerships are on record, tiered core, major and strategic.

• Vietnam Offshore Engineering Industry Group (VOEG)coreStrategic or Co-development PartnerOEI is a member of VOEG, a group that seeks to support both Vietnamese and international offshore wind developers through collaboration. This membership provides networking opportunities and supports business development in the Vietnamese offshore wind market.
• NOF (National Offshore Forum)coreStrategic or Co-development PartnerOEI is a member of NOF, a UK-wide business development organization that helps businesses in the global energy sector make valuable connections. This membership facilitates international business development and partnerships.
• BritCham VietnamcoreStrategic or Co-development PartnerOEI is a member of BritCham Vietnam, a non-profit organization that promotes trade and investment between the UK and Vietnam. This membership supports international business relations and market access.
• Global Wind Energy Council (GWEC)coreStrategic or Co-development PartnerOEI is a member of GWEC, the international trade association for the wind power industry founded in 2005. This membership provides industry insights, networking, and advocacy support for the offshore wind sector.
• HereramajorStrategic or Co-development PartnerStrategic alliance with Herera for heavy lift crane barge expertise. Herera's heavy lift capabilities combined with OEI's resources ensure seamless, efficient, and safe project execution from inception to completion.
• SapuramajorStrategic or Co-development PartnerStrategic alliance with Sapura for offshore installation capabilities. This partnership enhances OEI's service offerings for offshore projects requiring specialized installation expertise.
• VietsovpetrostrategicImplementation/ SI/ Consulting PartnerOEI collaborates with Vietsovpetro, a major oil & gas company, on offshore projects including decommissioning and seabed restoration services.
• PTSC MCstrategicImplementation/ SI/ Consulting PartnerOEI maintains collaboration with PTSC MC (PetroVietnam Transportation and Service Corporation) for offshore marine and transportation services.
• Alpha ECCstrategicImplementation/ SI/ Consulting PartnerOEI collaborates with Alpha ECC, an engineering and construction company, on various offshore projects, sharing technical resources and expertise.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Boskalis: Dutch global offshore services and dredging major with growing offshore wind installation fleet; competes for cable lay and subsea protection scopes that OEI also services, particularly in Taiwan and SE Asia.
• Seatrium (formerly Keppel Shipyard / Sembcorp Marine): Singapore-based offshore rig, FPSO, and offshore wind foundation constructor; competes in jacket fabrication and offshore wind substructure engineering at a much larger scale than OEI.
• Van Oord: Dutch marine contractor executing offshore wind EPCI globally; an OEI customer (cable burial, pontoon services) and a strategic benchmark for full-scope offshore wind installation capability.
• Jan De Nul Group: Belgian offshore contractor with cable lay, foundation installation, and heavy-lift vessels active across Asia-Pacific offshore wind; comparable in scope to OEI's EPCI ambitions but at materially greater scale.

Regional players

• MISC Berhad: Malaysian maritime and offshore floating solutions operator; competes in offshore vessel support and heavy-lift transportation across SE Asia, comparable to OEI's barge-based installation model.
• Sapura Energy: Malaysian integrated offshore services and energy company with installation, subsea, and offshore wind capability across SE Asia; an existing strategic alliance partner of OEI for offshore installation, and a regional benchmark for offshore EPCI scale.
• Swire Pacific Offshore: Hong Kong-based offshore support vessel operator across SE Asia and Australia; competes in marine transportation, anchor handling, and offshore installation vessel services relevant to OEI's fleet.

Direct peers

• Alpha ECC: Vietnam-based engineering and construction company with offshore project execution; already a strategic implementation partner of OEI and a comparable size/scope competitor for Vietnamese offshore and subsea scopes.
• Vietsovpetro: Vietnam-Russia joint venture operating offshore platforms in the Cuu Long and Nam Con Son basins; offers offshore installation, subsea, and decommissioning services that directly overlap with OEI's O&G service lines.
• PTSC (PetroVietnam Technical Services Corporation): Vietnamese offshore EPCI, marine transportation, and O&M services provider to the regional O&G and offshore wind sectors. OEI already lists PTSC MC as a strategic implementation partner; both compete and collaborate on similar offshore scopes in Vietnamese waters.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/offshore-energy-installation-jsc-oei
• Facebookfacebook.com/OEI.Offshore.Energy.Installation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Offshore Energy Installation