LM Handling Joint Venture Set To Enhance Collaboration In Offshore Solutions

Large Diameter Drilling (LDD) announced the launch of LM Handling, a new business unit which has been established as a joint venture co-operation between Acteon companies LDD and MENCK. LM Handling offers global coverage in the field of offshore lifting and handling equipment and services on a sales and rental basis; will operate out of existing LDD and MENCK bases; and will use the new Acteon operations base in Singapore scheduled to open in the third quarter of 2013.

Already equipped with a portfolio of standard lifting and handling products for rental and sale,including the industry-leading Pile Guide Frame (“StabFrame”), operations will also focus on providing turnkey solutions to customers’ lifting and handling offshore challenges. LM Handling will pursue a collaborative approach with current and potential customers.

“Our aim is to identify customer needs, gain the clearest possible understanding of the challenges they face and find opportunities to improve their operations,” said LM Handling general manager Robin van der Bij. “This closer collaboration between MENCK and LDD will bring together specialist engineers, project managers and equipment for critical tasks such as jacket and monopile installation along withthe myriad of subsea and offshore construction work.”

“This move will build on the synergies between Acteon companies and enhance the group’s subsea service offering to its customers,” said Acteon Group Ltd. vice president Paul Alcock. “The venture combines LDD’s rapid and tailor-made approach to offshore solutions with MENCK’s outstanding expertise and track record in piling operations. The new business unit will have the full support of the sales and engineering teams at both LDD and MENCK.”

About Large Diameter Drilling (LDD)
Large Diameter Drilling (LDD),an Acteon company, is a specialist marine drilling and construction contractor offering a range of equipment and turnkey services associated with installing tubular casings and foundations into the seabed in the near- and offshore marine environments for the oil, gas, renewables, nuclear energy and civil and marine structure and facilities sectors. LDD offers techniques to suit a wide range of foundation and drilling challenges. Equipment is offered on a sale or rental basis. For more information, visit, www.lddrill.com

About MENCK GmbH
MENCK GmbH, an Acteon company, manages all aspects of complex piling projects for customers, not only in the oil and gas businesses but also in the civil engineering sector. The company also supplies some of the world’s most sophisticated piledriving hammers. For more information, visit www.menck.com

About Acteon
Acteon companies provide mooring, foundation, riser, conductor, flowline and marine electronics products and services supported by strong engineering and project management capabilities. Acteon’s companies are 2H Offshore, Aquatic, CAPE Group, Claxton, Conductor Installation Services (CIS), Fluke Engenharia, InterAct, InterMoor, Large Diameter Drilling (LDD), MENCK, Mirage Machines, NCS Survey, Offshore Installation Services (OIS), Pulse Structural Monitoring, Seatronics, Subsea Riser Products (SRP) and TEAM Energy Resources. For more information, visit www.acteon.com.

About subsea services
Subsea services are defined as the provision of specialist equipment, services and personnel that can operate from any fit-for-purpose vessel or platform. Acteon’s subsea services offering is unique and addresses operational requirements that support oil and gas asset owners, construction and drilling companies, and vessel owners.