Subsea providers group Acteon is including subsea reducing experience to its Claxton model with the acquisition of Proserv’s worldwide Field Technology Services and Survey enterprise models.

The Field Technology Services enterprise provides reducing, friction stud welding and pipeline upkeep providers from bases in Stavanger (Norway), Houma (USA), Singapore and Aberdeen (UK). These extra providers and amenities might be built-in into Acteon underneath the Claxton model, enabling speedy globalization of Claxton’s complementary effectively decommissioning, riser and conductor and floor stress management choices.

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The Survey enterprise unit will be part of Acteon’s current UTEC Survey enterprise – an impartial world surveying firm.

“This a improbable alternative to affix two complementary companies collectively, firstly by including capabilities and capability to our UTEC Survey providing and secondly by speedy globalization of our Claxton product and repair vary, notably in Norway and the Far East. The subsea reducing experience of Proserv’s Field Technology Services, with its acknowledged place within the decommissioning of subsea buildings and pipelines, suits rather well with Claxton’s current place within the effectively plugging and abandonment market,” mentioned Richard Higham, Acteon’s chief government.

The transaction is predicted to be accomplished on the finish of July 2019.

Source: www.worldoil.com

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