The EWE Baskets Oldenburg club's origins began in the year 1954, as the basketball department of the
Oldenburger TB sports club. In the year 2001, the basketball department of Oldenburger TB formed a new separate club, called EWE Baskets Oldenburg. The Oldenburger TB team then started to function as the
development team of EWE Baskets. In the
2008–09 season, EWE Baskets Oldenburg achieved their greatest success, by winning the
German League championship title. As
German Champion, Oldenburg won the right to play in the
EuroLeague, during the next season of
2009–10. In 2015, they won the
German Cup title, while being host to the Cup Final Four. In the Cup Semi-final, Oldenburg beat
Bonn, by a score of 71–77, and in the Cup Final, the team was too strong for
Bamberg, as they beat them by a score of 70–72. ==Arenas==