MEO is a reputed and reliable provider of support vessels and project transportation solutions to the offshore oil and gas industry. Headquartered in Singapore, MEO has been providing specialised marine transport since the 1970s, with operations in SEA, Middle East and Australia, expanding into Latin America, Africa and India. MEO has blue chip customer base and is trusted by the world’s biggest oil companies. The company has demonstrated track record of operational and safety excellence and is a dependable operator of complex and specialised vessels.
MEO operates a diverse fleet of young and reliable vessels operating across all phases of the offshore oil and gas cycle. MEO is an employer of choice; with dedication to retaining and developing the best talent in the industry (over 1,500 staff). The company is supported by a strong balance sheet and cash generation supported by a robust contract backlog and proven ability to weather cyclical downturns.
MEO is jointly owned by CPE Capital (formerly CHAMP Private Equity) and Headland Capital Partners, together with members of the senior management team.
CPE Capital and its affiliated fund entities have deployed approximately A$3.8 billion of investor commitments since 1987. CPE Capital has one of the largest dedicated buyout teams in the region and is Australasia’s most experienced private capital manager, having made 75 platform investments during its 32 year history. CPE Capital undertakes control buyout transactions, enters into founder partnerships and provides growth investments for mid-market companies in Australasia, including those which possess significant offshore operations or ambitions.