Acteon Adds to Claxton Brand

Subsea services group Acteon is adding subsea cutting expertise to its Claxton brand with the acquisition of Proserv’s international Field Technology Services and Survey business units.

The Field Technology Services business offers cutting, friction stud welding and pipeline maintenance services from bases in Stavanger (Norway), Houma (U.S.A.), Singapore and Aberdeen (U.K.). These additional services and facilities will be integrated into Acteon under the Claxton brand, enabling rapid globalization of Claxton’s complementary well decommissioning, riser and conductor and surface pressure control offerings.

The Survey business unit will join Acteon’s existing UTEC Survey business, an independent global surveying company.

The transaction is expected to be completed at the end of July 2019.

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