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Acteon agree to acquires offshore marine survey company Benthic

Gasoil News - Published on Mon, 15 Apr 2019

Image Source: Offshore Support Journal
Subsea services group Acteon has agreed to acquire offshore marine geotechnical and geophysical survey company Benthic. Headquartered in Houston, USA, Benthic adds leading deepwater and ultra-deepwater surveying capabilities to Acteon through its proprietary portable remotely operated drill (PROD) technology. Benthic’s latest generation PROD system can conduct in-situ penetration testing and collect samples and cores in extremely challenging conditions, including seabed slopes greater than 20° and water depths exceeding 3000 m.

Benthic has a long and extensive record of innovation. Its subsea drilling technology offers an unrivalled solution compared with traditional geotechnical surveying techniques. The company has undertaken comprehensive geotechnical site investigations and geophysical surveys in all the world’s deepwater basins for leading oil and gas clients. Work has recently been executed in South America in water depths exceeding 2100 m, and the latest equipment upgrades enable operations in depths up to 4000 m, and there are plans to expand services to include offshore wind and scientific research.

Steve Pywell, chief executive officer of Benthic, said that “Our commitment to a continuous programme of innovation stretches back 15 years. I am excited by the opportunities offered by becoming part of Acteon, which will enable us to work collaboratively with the other companies in the group and allow us to offer a broad range of integrated solutions.”

Mr Richard Higham, Acteon chief executive, said that “Having Benthic in our portfolio greatly enhances Acteon’s existing survey businesses and further strengthens the group’s global offer; we plan to continue its existing programme of capital expenditure to ensure it can service growing worldwide customer demand.”

Source :

Posted By : Rabi Wangkhem on Mon, 15 Apr 2019
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