ONEO

About us

Developing current production sites for oil and gas in a forward-looking way – that is our business, our passion, and our responsibility. Our long-term goal is to create a new energy cycle of environmentally friendly production with subsequent use of our infrastructure for renewable energy projects or complete renaturation. In this way, we optimise existing resources and provide solutions for sustainable energy production. This is a core element of energy cycle thinking.

Our business

Production optimisation

  • We optimise our Oil and Gas production via new technologies and digitalisation
  • We set high safety and environmental standards (no fracking)
  • We minimise our areal footprint
  • Community and Stakeholder Dialogue

Decommissioning and renaturation

  • With sensitivity, expertise and know-how
  • With high safety and environmental standards
  • Responsibly and without delay
  • In close cooperation with local communities and residents

Sustainable
solutions

  • We repurpose existing infrastructure
  • We develop innovative concepts
  • We design CO2-neutral processes for industry
  • Possible low/zero carbon solutions:
    geothermal energy, H2, solar power, onshore wind, storage, transport, LNG

ONEO as a reliable partner

  • ONEO is a reliable partner for cities, municipalities, heating network operators, and direct customers.
  • ONEO takes care of all daily assessments and work in close coordination, while the municipalities and heating network operators carry out network expansion and end customer business.
  • ONEO minimizes the risk of misdrilling through established analysis techniques with experienced geologists and engineers.
  • ONEO optimizes the value of geothermal systems through effective drilling and maximized energy.

Projects

Aligned with the specific conditions of our sites, we optimise production, explore further development opportunities, and implement sustainable projects in a safe and economically sustainable manner – for the environmentally friendly use of our finite resources today and the renewable energy of tomorrow. Just one example: we use the expertise we have built up over decades in the field of deep drilling for new concepts based on renewable geothermal energy.

ONEO has been carrying out a work programme at its sites since 2021, in which 15 wells were dismantled by the end of 2024. This will free up these wells and well sites for sustainable energy solutions projects or complete renaturation.

Sustainable energy solutions is the umbrella term defined by ONEO for projects that focus on renewable energy generation, such as solar power, onshore wind or geothermal projects. This also includes CO2 reduction projects such as the electrification of production plants. We have already been able to develop and advance initial measures at the Landau, Suderbruch, Ampfing and Lauben sites. For details, please refer to the respective projects.

UNDERSTANDING THE TRANSFORMATION

Aware of the political, economic, and ecological finiteness of fossil resources, ONEO is consistently implementing what we have been strategically pursuing for years: the gradual, planned transformation toward a sustainable and regionally networked energy future in Landau. ONEO is focusing on geothermal energy in Landau—a safe, sustainable, and future-oriented energy source.

Landau has ideal geological conditions, as confirmed by feasibility studies. With geothermal energy, ONEO is tapping into a new business area that benefits the region while supporting the transition to climate-friendly energy.

FOR US, THE ENERGY OF THE FUTURE MEANS NOT ONLY TECHNOLOGICAL INNOVATION, BUT ALSO RESPONSIBILITY – RESPONSIBILITY TOWARDS THE ENVIRONMENT, SOCIETY, AND A PROMISE TO FUTURE GENERATIONS.

We are helping to make tomorrow's energy supply sustainable, efficient, and secure. For decades, oil production in Landau has been part of our energy history. But energy is not just a technical process – it is a promise to future generations. This preserves the location, secures jobs, and takes the next step toward the energy transition.

THE DISCONTINUATION OF OIL PRODUCTION IN LANDAU IS A NEW BEGINNING.

We are using our existing infrastructure, our expertise, and our regional roots to break new ground. ONEO stands for the sustainable development of existing infrastructure in the interests of an affordable, decentralized, and accelerated energy transition.

In February 2024, a former oil production facility in Landau was transformed into a site for two photovoltaic systems in a pilot project that is unique in Germany. We are applying the experience gained from the conversion and reuse of existing infrastructure to future projects.

STEP BY STEP TOWARDS THE ENERGY FUTURE

2025

Start of dismantling of first production wells and production sites

2026

Start of decommissioning of further field areas

Parallel

Review of reuse of existing infrastructure

2029

Estimated end of dismantling


Company history

ONEO is an independent company under the umbrella of specialist energy transition investor Shorelight Partners (Shorelight). Founded in 2016 as RDG, a spin-off of the long-established Austrian Rohöl-Aufsuchungs AG (RAG, now called RAG Austria AG), ONEO has more than 80 years of experience in the exploration and production of crude oil and natural gas.


Investors

Shorelight supports the energy transition by investing in assets and technologies that enable significant and measurable reductions in CO2 emissions. With a clear focus on the circular economy, Shorelight engages with companies along the entire energy value chain across Europe. Specific areas of interest include repurposing of conventional energy infrastructure, electrification and gasification, grid stability and advanced biofuels.

Shorelight sees great potential in ONEO's business model, which combines conventional E&P activities with renewable energy solutions.

Logo Shorelight

Vision

Energy Cycle Thinking – Rethinking Energy

For us, crude oil is a valuable high-tech raw material that serves as the basis for countless everyday items, such as smartphones, car tires, and packaging – and is also important for the energy transition in Germany. For example, around 45% of a wind turbine consists of crude oil and products from the petrochemical industry. However, we are well aware of the economic and political finiteness of oil and gas production, which is why we have revamped our business concept. We not only stand for oil and gas production that meets the highest standards, but also for the reuse of our domestic infrastructure and land. We extract oil and gas as long as it makes sense to do so, while at the same time developing our sites for sustainable energy production. For us, the land used to date is not a nuisance that needs to be cleared away. For us, it is a valuable asset that we can use for new entrepreneurial purposes. This closes the circle. Existing boreholes can, for example, be used to generate electricity and heat from geothermal energy after their production period, without requiring additional space. Photovoltaic or wind energy plants not only have sufficient space, but can also access the existing power grid. We can also use the renewable energy generated to produce hydrogen through electrolysis. And on top of that, we can offer storage solutions using the existing infrastructure, provided this meets with the necessary acceptance.

Why

How

What

Our purpose, our strategy, our business model, and our products and services.

Why?

We make the energy transition possible and offer pragmatic solutions for a sustainable future of energy generation.

How?

We develop future projects based on our know-how and existing infrastructure – with innovations to drive a carbon-neutral energy transformation. We feel connected to the states, regions, and municipalities as well as to our customers and society. We actively seek local dialogue and focus on solutions that are developed through dialogue. ONEO sees itself as a local partner that uses its strengths as a high-performance company for new, forward-looking projects.

What?

  • We optimise oil and gas production as long as it makes business sense, digitalise processes, and set high standards for occupational safety, environmental protection, and land use.
  • We develop solutions for the future by transferring existing infrastructure to a new and sustainable use – environmentally friendly and carbon-neutral.
  • We either convert production sites to sustainable use or renaturalise them – responsibly and in consultation with communities and residents.

Energy evolution

Based on our existing business and a continuous growth in knowledge, we create new opportunities. Step by step and according to the needs of our customers and stakeholders. In everything we do, we are already thinking about the future of energy production today.

Our approach

We are committed to shape the path to a new energy world in harmony with nature and society. That is why we have set ourselves the following guidelines:

  • We minimise risks to people and our business activities.
  • We continually reduce our ecological footprint.
  • We operate our plants and systems safely and responsibly for which we are all personally responsible.
  • We actively and regularly seek dialogue with the people in whose communities we operate and address their concerns and needs.

Team

Meet the Team

We are a highly qualified and ambitious team with extensive experience in the entire energy industry, based in Hanover and Vienna.

Press

We keep you up to date about ONEO; here you can find our company news and press contact.

Downloads

Here you will find a selection of images of ONEO and the locations. These are free to use, copyright is ONEO GmbH.

Press contact:
Dr. Andreas Bachmeier
Engel & Zimmermann
Phone: +49 89 89 35 633
presse@oneo.eu