Acteon upgrades subsea services to help oil clients reduce costs

Acteon subsea servicesSubsea services company Acteon has launched a new service to directly address the demands and changing conditions as the oil and gas industry grapples with the prolonged crude oil price slump.

Operating from Aberdeen and Norwich, Acteon Field Life Service (FLS) offers a “joined-up” approach to the capex and opex challenges presently being experienced by the industry.  

Its services are arranged into four key capabilities covering the life of field, from exploration to decommissioning. 

By bringing together the specialist skills and technologies of Acteon’s individual branded service companies, Acteon FLS will provide a broader and more flexible capability to address multi-faceted projects and customer-specific demands.

Paul Alcock, President, Acteon FLS, explained; “Our industry, like many others that have already been transformed, requires radical change with the adoption of new operational and commercial models. 

“The oil and gas industry is under significant pressure to restructure its business model to reduce costs and to operate more efficiently.

“At Acteon, we want to lead this challenge in the Subsea Services arena. We are introducing Acteon Field Life Service (FLS) to connect our skills, technology and service in a more joined-up way and provide a much broader offering to our clients

“There is a clear need for standardisation and repeatability driven by “fit for purpose” specification, skilled resource sharing, informed condition maintenance management and efficient asset utilisation. 

“Combining the individual strengths and “deep domain” knowledge of our businesses, Acteon FLS can focus on a client’s desired performance outcome, demonstrating the value a co-ordinated independent subsea service company can bring.”

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