SeaScan

SeaScan is a child company of Acteon.

Formed out of the UWG Group in 2004, Acteon has developed through a combination of organic expansion and the targeted acquisition of companies that have provided additional services, products, experience and geographic access in the subsea arena.

Significant growth has resulted from the development of select new products and services, geographic expansion and the considered allocation of capital to invest in equipment and infrastructure.

The acquisition strategy has been to target subsea service companies that could enable Acteon to achieve number one ranking in their specific sectors and that were “solution” businesses rather than those driven solely by asset utilisation.

Acteon will continue to link subsea services; further growth will come from the development of the individual operating brands and the provision of engineering services throughout the life cycle of an oilfield from exploration through development to decommissioning.

In addition, Acteon will pursue further subsea-service acquisition, geographic-expansion and game-changing opportunities that deliver technical advances and significant cost savings to the market.