Acteon Group Acquires Viking Seatech Group

Subsea services group Acteon has announced that it has enhanced its moorings capabilities by completing the purchase of the Viking Seatech Group.

The announcement follows regulatory approval for Acteon to acquire Viking Seatech while selling Mirage Machines to Actuant, a US corporation.

Paul Alcock, executive vice president at Acteon, said: “The addition of Viking Seatech to Acteon allows us to further respond to the needs of our clients working in the area of dynamic and critical infrastructure, offering an end-to-end service in the regions where they are operating, delivering consistent, efficient, safe and reliable services and reducing the need for multiple points of contact.”

Viking Seatech’s services will compliment those of InterMoor, the global leader in mooring services and specialist in foundation solutions and offshore installations, whilst extending Acteon’s global reach for clients and adding capabilities in rental and engineering, as well as chain inspection and survey in Australia.

Mark Jones, global CEO of InterMoor, added: “The synergies between Viking Seatech and InterMoor, in terms of our complimentary assets and aligned values, mean we can enhance our offering to clients with locations in key hubs around the world, combining global strength with local expertise.”

Acteon Field Life Service (FLS) offers a “joined-up” approach to the capex and opex challenges presently being experienced by the oil and gas industry.