Ashtead Technology Buys Two Acteon's Firms in $82M Deal
Subsea technology and services provider Ashtead Technology has signed an agreement with Acteon Group to acquire Seascan and its subsidiaries known as Seatronic, and its sister company J2 Subsea for $81.5 million.The latest acquisition will further expand Ashtead Technology’s capabilities in the global survey and robotics rental market.Seatronics and J2 have operations in Singapore, UAE, UK and US, providing subsea electronics and tooling products and services to the global offshore energy market.Together they support the installation, inspection, maintenance and repair, and decommissioning of
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
Offshore Services Firm Acteon Names Bruggaier as New CEO
Offshore energy industry services company Acteon Group Ltd has appointed Dr Bernhard Bruggaier as Group Chief Executive. He succeeded Dr Carl Trowell, effective from January 1, 2023.Bruggaier joined Acteon’s subsidiary MENCK in 1994, became its Managing Director in 1998, and joined Acteon’s executive management team following the acquisition of MENCK in 2003. After that, Bruggaier served in various senior strategic and operational management roles before being appointed Chief Operating Officer in 2018 and joining Acteon’s Board of Directors in 2021.Chairman of the Board
MATS, A New Uncrewed Platform for Offshore Wind
Survey, positioning and data management firm UTEC, part of the Acteon Group, is targeting the offshore wind survey and inspection market with a new uncrewed surface vessel (USV).Torsten Marten, lead surveyor, UTEC, outlined the new design at the Marine Autonomous Technology Showcase (MATS), at the National Oceanography Center (NOC) in Southampton, UK, early November.It’s a 12m-long, “DP equivalent” catamaran design, developed to offer a stable platform for survey and inspection operations, using vessel-based sensors and an up to 3-tonne remotely operated vehicle (ROV) capacity
Quote of the Day: Carl Trowell, CEO, Acteon Group
In a recent interview with Offshore Engineer TV, to be published in the September/October edition of Offshore Engineer, Carl Trowell, CEO, Acteon Group, discusses how his company is balancing the transition to 'new energy,' putting in perspective the future he sees:“There's going to be more infrastructure going into the sea in the next decade from offshore wind than went in throughout the whole lifetime of oil and gas. If you just look at the number of units, the number of installations, when you start moving to floating wind, it's going to be off the scale of the number of
Acteon Reveals New Structure in Offshore Renewables Push
in 2021 to deliver services with demonstrable commercial and environmental benefits that help to enable the energy transition," Acteon said."This new structure better aligns our service offering to closely match the needs of clients in the offshore renewables arena,” says Carl Trowell, Acteon Group Chief Executive. “Simplifying Acteon’s structure and bringing key business units closer together will also accelerate our ability to innovate and provide new services relevant to the energy transition.”"Acteon’s new organizational structure will streamline and support
TerraSond Expands in Massachusetts to Support Vineyard Wind 1
Wind 1 balance of plant work, which will add to the company’s solid experience and track record, covers turbine foundation remotely operated vehicle inspections and export and array cable seabed surveys, alongside a range of other subsea integrity and operational services from across the Acteon group.The full contract is likely to be awarded to TerraSond in 2022 and will be initially managed and supported by the Acteon Integrated Solutions team. The work will start in 2024 and last for at least three years
Curtin Joins Acteon as TerraSond Managing Director
Acteon Group Ltd, a global provider of services for the marine and subsea renewables, nearshore construction and oil and gas sectors, announced that Bill Curtin is joining as the managing director of geospatial solutions company TerraSond.Curtin has international engineering, procurement and construction industry experience, including leading KBR’s engineering and construction operations for the Americas region. His project execution experience includes pre-front-end-engineering design, front-end-engineering design and detailed engineering, procurement and construction projects working in
Benthic's Seabed Drilling System to Drill at Petrobras' Mero Field
, despite the COVID-19 pandemic and current global economic conditions. Following the offshore operations, Benthic will complete advanced onshore laboratory testing at its new, state-of-the-art technology center in Rio de Janeiro," Benthic said.Remotely operated drilling systemBenthic, part of the Acteon Group, will utilize its PROD3 seabed drilling and geotechnical testing system, a portable remotely operated drill that can switch between piston sampling and rotary coring to maximize productivity. According to Benthic, the PROD3 is up to five times more productive than a drillship in water depths
February 2025
