Acteon is a specialist subsea services company. Acteon Group Ltd is registered in the United Kingdom

United Kingdom

The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 and has its headquarters in Norwich

Norwich

Norwich is a city in England. It is the regional administrative centre and county town of Norfolk. During the 11th century, Norwich was the largest city in England after London, and one of the most important places in the kingdom...

, UK.

The Acteon Group is one of the largest firms in East Anglia

East Anglia

East Anglia is a traditional name for a region of eastern England, named after an ancient Anglo-Saxon kingdom, the Kingdom of the East Angles. The Angles took their name from their homeland Angeln, in northern Germany. East Anglia initially consisted of Norfolk and Suffolk, but upon the marriage of...

, comprising 17 companies that provide integrated subsea services, mainly to the oil, gas and renewables industries

Petroleum industry

The petroleum industry includes the global processes of exploration, extraction, refining, transporting , and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline...

, with particular focus on foundations and moorings; risers

Drilling riser

A drilling riser is a conduit that provides a temporary extension of a subsea oil well to a surface drilling facility. Drilling risers are categorised into two types: marine drilling risers used with subsea blowout preventer and generally used by floating drilling vessels; and tie-back drilling...

, conductors and flowlines; Marine electronics

Marine electronics

Marine electronics refers to electronics devices designed and classed for use in the marine environment where even small drops of salt water will destroy electronics devices...

, instrumentation and surveys; and activity management and manpower provision. Acteon provides seabed-to-surface equipment, technologies and services and is represented at every stage in the life of an oilfield.

History

Acteon was formed in 2004 from the UWG Group which at that time comprised five individual companies: UWG, Claxton, MENCK, 2H and TEAM. Since then, Acteon has expanded through organic growth and the acquisition of companies that offer complementary services in the subsea services arena. These acquisitions have extended Acteon’s technical capabilities, product lines and worldwide geographic reach.

There have been several significant acquisitions:

• In 2004, Acteon acquired the business and assets of Technip Offshore Moorings, Inc. to create a new company called InterMoor Inc.
• In 2006, Acteon acquired Trident Offshore Inc. and Aquatic Engineering and Construction Ltd.
• In 2007, Acteon completed the acquisition of three companies from the Craig Group: Seatronics Ltd, International Mooring Systems Ltd (IMS) and Chain Corporation International Ltd (ChainCo). The same year saw the merger of TEAM Energy Resources Ltd with the manpower services arm of Aquatic.
• In 2008, Acteon acquired the Singapore-based CAPE Group and 80% of Brazilian mooring and anchoring equipment specialist Fluke Engenharia Ltda.
• In June 2011, Acteon acquired the offshore survey and positioning specialist NCS Survey Ltd.

In 2010, despite a global drop in activity levels after the Deepwater Horizon oil spill

Deepwater Horizon oil spill

The Deepwater Horizon oil spill is an oil spill in the Gulf of Mexico which flowed unabated for three months in 2010, and continues to leak fresh oil. It is the largest accidental marine oil spill in the history of the petroleum industry...

, the Acteon Group posted accounts showing an 8% increase in revenue and a growth in profit from £32.13million to £36.24million.

Acteon’s aim is to define, shape and lead the subsea market by delivering a comprehensive range of integrated products and services. Acteon has been recognised for its business growth, and companies within it have won awards for innovation and achieving notable technical successes.

Acteon companies operate from the world’s major offshore oil and gas centres and are involved in projects in many exploration and production areas.

Acteon brings together companies that possess complementary technologies and capabilities, provide products and services in similar areas, and serve the same international customer base. These companies are 2H Offshore, Aquatic, CAPE, CIS, Claxton, Fluke, InterAct, InterMoor, LDD, MENCK, Mirage, NCS Survey, OIS, Pulse Structural Monitoring, Seatronics, SRP and TEAM