Acteon strengthens global offshore engineering capability with acquisition of Upstream Engineering

2H, Acteon’s engineering consultancy, today announced the acquisition of Houston-based EPC (Engineering, Procurement and Construction) specialist Upstream Engineering. The move significantly expands Acteon’s global engineering capability and creates one of the industry’s most comprehensive fixed platform offerings.

For more than 20 years, Upstream Engineering has delivered reliable, cost-efficient fixed platform solutions across the Americas, supporting early production, marginal field developments and infrastructure extensions. Upstream Engineering’s proven track record includes platforms engineered for water depths up to 150 metres, more than doubling 2H’s existing fixed platform depth capability. The combined portfolio spans from nearshore terminals and jetties to complex offshore structures.

The acquisition represents a timely response to shifting market conditions. As operators worldwide seek lower capex development concepts and leaner field architectures, Acteon is strengthening its ability to offer integrated, efficient and commercially attractive solutions across the life of field.

By integrating Upstream Engineering’s platform design and turnkey delivery expertise with 2H’s world-leading riser, foundations and SURF (subsea, umbilicals, risers and flowlines) capabilities, Acteon will offer operators a complete suite of engineering services. This end-to-end capability brings together minimum facility platforms, subsea architecture, deepwater systems and nearshore infrastructure into a single, integrated offering.