Established in 1989 with a focus on engineered solutions between the interfaces of well conductors and production facilities, the business developed organically through the 1990s. Expansion of services and equipment became a key focus and drove the well-recognised acquisition strategy for which the business is now renowned.
As the focus became more subsea oriented, the Acteon brand replaced that of UWG Group in 2004. Over the last decade, the Acteon group has grown nearly tenfold into the global subsea services company it is today: organic growth still being the dominant area while acquisitions are still strategically targeted.
Acteon’s aim is to redefine, shape and lead the subsea service market. The group also has an impressive track record of commercialising new technologies and establishing and successfully growing new start-up businesses such as Large Diameter Drilling (LDD), Subsea Riser Products (SRP), Conductor Installation Services (CIS) and Pulse Structural Monitoring (Pulse).