This patent application applies to an Active Motion Compensation system for use during intervention or other work on subsea wells, pipelines or other structures. It could be used on existing floating production platforms such as Tension Leg Platforms (TLP) and Spar structures where intervention work including Coiled Tubing, Slickline, Electric Line, Wireline, as well as snubbing or Hydraulic Workover activities are being utilized. It could also be deployed over the side of or through the moon pool of a vessel without the need of any other compensation device.