They compete in REMA 1000-ligaen, which is the highest league for men's handball clubs in Norway.

Former international Preben Vildalen was also a member of the promoted team.

The team debuted in the elite series on September 26, 2009, defeating Runar Sandefjord 27–24 at home.

In the 2012/2013 season, the team moved from the Nedeneshallen sports hall to the new Sør Amfi.

On 30 December 2014, ØIF won the Norwegian Cup after defeating Bodø HK 23–22 in the final.