Acteon acquires Trident Offshore Ltd.

Acteon has completed the acquisition of Aberdeen-based mooring design and installation contractor, Trident Offshore Ltd.

Offshore Staff

(UK) - Acteon has completed the acquisition of Aberdeen-based mooring design and installation contractor, Trident Offshore Ltd.

Trident specializes in the design and installation of mooring systems for drilling rigs and floating production units. It also relocates drilling rigs and provides navigation and positioning services.

The contractor has a strong presence in the North Sea and has also worked offshore West Africa, South America, and China.

Richard Higham, Group chief executive of Acteon, says, "The acquisition of Trident reinforces our product and service offering in the foundations and moorings business area; it is also important as it provides a European base for our mooring business and particularly enhances Acteon's presence in Aberdeen."

07/06/06

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