Acteon Acquired by Private Equity Investors with New CEO in Charge
Acteon Group, the international offshore energy infrastructure services business, has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP).Buckthorn and OEP are making a substantial investment in the business to improve Acteon’s standing with suppliers and customers and enable it to compete even more strongly in its core markets.The investors’ focus will be on developing Acteon’s capabilities across survey, foundations, moorings, decommissioning and consulting engineering services that support and differentiate the business in the offshore
UTEC Puts Upgraded AUV on Try-Outs Offshore Australia
UTEC, a geo-services brand in Acteon’s Data and Robotics division, has conducted trials on its upgraded Gavia autonomous underwater vehicle (AUV), off Fremantle in Western Australia.The AUV has recently undergone significant upgrades and the addition of new modules including the subsea ultra-short baseline (USBL) aiding the vehicle inertial navigation system (INS) positioning.The trial tested the AUV in its reconfiguration and provided further training for the local crew with the support of UTEC’s AUV specialists from the UK.Following on from the training and trials completed since the AUV
Acteon Bags O&M Contract for 228MW German Offshore Wind Farm
UTEC, a geo-services brand in Acteon’s Data and Robotics Division, has secured a three-year contract by Siemens Gamesa for operations and maintenance (O&M) services to the Butendiek offshore wind farmUTEC will provide subsea balance of plant O&M services for the 228 MW offshore wind farm, located in the North Sea around 32 kilometers from the Island of Sylt in Germany.Led by UTEC, the work will be supported with services from Acteon brands Clarus, Deepwater and Seatronics.Under the contract, Acteon will perform annual subsea foundation remotely operated underwater vehicle (ROV) inspections
UTEC Partnership in Saudi Arabia
UTEC Survey Asia, a Geo-services brand in Acteon’s Data and Robotics division, has entered a strategic agency agreement with Front End, a 100% Saudi-owned company providing advanced products and solutions to the offshore energy industry.This partnership strengthens UTEC’s presence in the Saudi Arabian energy and geoscience subsea survey market, with Front End as its partner.Front End’s companies specialize in renewable energy, oil field services, information and communication technology, building materials, infrastructure, industrial, maritime services and manpower supply for diverse
Benthic Completes Site Investigation for Baltic Sea Wind Farm Projects in Poland
Benthic, a Geo-services brand in Acteon’s Data and Robotics division, said Wednesday it had recently completed a site investigation comprising cone penetration tests (CPTs) using its portable remotely operated drill (PROD) that has enabled the design of foundations for about 100 wind turbines and two offshore substations for the Baltyk II and III wind farms offshore Poland in the Baltic Sea. The work for the developments, which are 50–50 joint venture between Norwegian energy company Equinor and Polish power utility company Polenergia, was performed at 16 locations in 40–55 m
LLOG Taps InterMoor to Fabricate 12 Mooring Piles for Salamanca FPS in the Gulf of Mexico
Acteon's InterMoor has secured a contract to fabricate 12 mooring piles to support oil firm LLOG in the permanent mooring of the Salamanca Floating Production System in the U.S. Gulf of Mexico.LLOG previously awarded the design of the 80’ long and 16’ OD piles, weighing over 150 tons each, to InterMoor, a brand in Acteon’s Engineering, Moorings and Foundations division, in Q4 2022. "The fabrication project builds on InterMoor’s reputation as a premier suction pile fabricator and adds to our extensive track record, which includes the fabrication of the largest
Chevron Awards InterMoor Decommissioning Contract
Acteon announced its engineering, moorings and foundations division InterMoor has been awarded a decommissioning contract by Chevron Thailand Exploration and Production, Ltd. (CTEP).Following InterMoor’s completion of Phase 1 decommissioning work in 2021 in the Gulf of Thailand, CTEP has extended InterMoor’s field decommissioning contract by adding more packages for the disconnection and removal of pipelines.InterMoor’s scope of work after the extension includes project management, engineering, procurement and offshore execution; disconnection and removal of pipelines; disconnection
Acteon's TerraSond and Benthic Win Floating Offshore Wind Survey Work in Scotland
Acteon's Data and Robotic division's geo-services brands TerraSond and Benthic have secured a combined geophysical and geotechnical survey work scope with the BlueFloat Energy and Renantis Partnership for the Bellrock and Broadshore offshore wind farms northeast of Aberdeen, Scotland.BlueFloat Energy and Renantis joined forces to develop floating offshore wind projects in response to last year’s ScotWind licensing round. When operational, the Bellrock and Broadshore floating offshore wind farms will have 1200 and 900 MW capacities, respectively.“We are delighted to be supporting a
UTEC Launches Cloud-based Platform for Subsea Asset Visualization
UTEC, a Geo-services brand in Acteon’s Data and Robotics division, has launched “iSite Subsea,” a cloud-based platform enabling 360° visualization of subsea assets and data. According to UTEC, the solution has been designed to meet the needs of the offshore renewable energy market and oil and gas subsea asset owners."Through iSite Subsea, users can source, view, manage, and report on seabed, survey, and asset data using a single secure cloud-based interface, enabling interrogation and comparison of data over time, remotely, 24/7, and without specialist software
February 2024
