Acteon, Formerly UWG Group, Acquires Technip Offshore Moorings Inc to Support Ambitious Growth Plans
LONDON, November 9 /PRNewswire/ — Acteon, a global group of specialist subsea engineering companies covering every life stage of the oilfield, today announces the first acquisition under its new corporate identity. Acteon, formerly called UWG Group, has acquired the business and assets of Technip Offshore Moorings, Inc. The new company is called InterMoor Inc.
InterMoor is a leading provider of marine and mooring services for the offshore oil and gas sector and adds extensive capability to the existing services offered by the group. Headquartered in Louisiana, It has significant experience in the deepwater GoM, West Africa, Caspian Sea and Asia Pacific.
InterMoor will complement the other six Acteon companies: 2H, Claxton, MENCK, Team, UWG and WellCut.
Acteon Chief Executive, Richard Higham, commented: “This newest addition to the group, which follows on just 12 months after our acquisition of MENCK, reinforces our position as one of ambition and expertise and supports our vision to be recognised as the leading and most successful privately owned energy services business.
“There are few companies that focus on the seabed-to-surface region and so our expertise is invaluable in filling the void that can exist between the large drilling outfits, the platform builders and the oilfield equipment suppliers.”
Acteon responds to each assignment by analysing and adapting proven technology to engineer specific solutions tailored to the clients' applications, often leading to ground-breaking engineering achievements, which in turn enables the industry to progress and ensures customers' ongoing success.
Source:
Acteon
