2H

company 1 Deal 2 Partners

2H Offshore is a global engineering consultancy specializing in riser, conductor, and subsea engineering for offshore oil & gas and renewable energy projects. Part of Acteon Group, it provides design, analysis, and integrity management services for deepwater and harsh environment applications.

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Founded 1993 Parent: Acteon Group

Engineering FirmAdvisorDeveloperOperator

Strategic Overview

Leveraging deepwater oil & gas expertise to expand into the floating offshore wind market.
Focus on complex engineering challenges in harsh and deepwater environments.
Provides full lifecycle support from concept design through operational integrity management and decommissioning.

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Deal History (1)

Acteon's 2H acquires Upstream Engineering to expand offshore engineering capabilities

Buyer Oil Gas US Mar 10, 2026

Investment Focus

Technologies

Oil Gas1

Geography

US1

Key People

Ricky Buchan

Managing Director

Track Record

Years Active

Notable projects: Shell Whale FPS, ExxonMobil Yellowtail FPSO, Equinor Bacalhau FPSO, BP Mad Dog 2

Detailed Analysis

Technologies

Floating Offshore WindFixed-Bottom Offshore WindSubsea EngineeringOil & Gas (Offshore)Decommissioning

Sectors

Energy TransitionUtilities

Geographies

USA (2 deals)UK (1 deal)Brazil (1 deal)MalaysiaAustralia/NZGuyana (1 deal)NorwayWest AfricaAsia PacificWestern Europe

Deal Stage

GreenfieldBrownfieldOperating

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