Acteon is a specialist subsea services company. Acteon Group Ltd is registered in England,
with its headquarters in
Norwich
Norwich () is a cathedral city and district of Norfolk, England, of which it is the county town. Norwich is by the River Wensum, about north-east of London, north of Ipswich and east of Peterborough. As the seat of the See of Norwich, with ...
.
The Acteon Group is one of the largest firms in
East Anglia
East Anglia is an area in the East of England, often defined as including the counties of Norfolk, Suffolk and Cambridgeshire. The name derives from the Anglo-Saxon kingdom of the East Angles, a people whose name originated in Anglia, in ...
, comprising 17 companies that provide integrated subsea services, mainly to the
oil, gas and renewables industries, with particular focus on foundations and moorings;
risers, conductors and flowlines;
Marine electronics Marine electronics refers to electronics devices designed and classed for use in the marine environment on board ships and yachts where even a small amount of salt water can destroy some electronics devices. Therefore, the majority of these types o ...
, 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
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations.
Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence ...
.
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 with the acquisition of companies that offer complementary services in the subsea services arena.
The main acquisitions are:
* 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, the Acteon Group posted accounts showing an 8% increase in revenue and a growth in profit from £32.13million to £36.24million. 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's companies are 2H Offshore, Aquatic, CAPE, CIS, Claxton, Deepwater Corrosion Services, Fluke, InterAct, InterMoor, LDD, MENCK, Mirage, OIS, Pulse Structural Monitoring, Seatronics, SRP, TEAM and UTEC.
In 2012, the Acteon Group announced a change of ownership. The group's majority interest was acquired by the management team of
Kohlberg Kravis Roberts
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strate ...
.
Operating Companies
* 2H Offshore
* Aquatic
* CAPE
* CIS
*
Claxton Claxton may refer to:
Places
*Claxton, County Durham, England
*Claxton, Norfolk, England
*Claxton, North Yorkshire, England
*Claxton, Georgia, USA
** the Claxton meteorite of 1984, which fell in Georgia, United States (see meteorite falls)
* Claxto ...
* Deepwater Corrosion Services
* Fluke
* InterAct
*
InterMoor
InterMoor is a global mooring, foundations, and subsea services company. Its services include rig moves, mooring and offshore operations such as engineering and design, survey and positioning, fabrication, subsea installation and chain inspection ...
* LDD
*
MENCK
Menck & Hambrock (also known as Menck) was a German manufacturer of earth moving and ramming equipment and once one of the world's leading companies. They were based right in the middle of Altona Ottensen, a part of Hamburg. Today the company oper ...
* OIS
* Pulse Structural Monitoring
* Seatronics
* SRP
* TEAM
* UTEC
See also
*
List of oilfield service companies
References
External links
Acteon Group
{{DEFAULTSORT:Acteon Group
Energy companies of England
British companies established in 2004
Companies based in Norwich
Conglomerate companies established in 2004