Although you don't openly say it, this device is on a heating line. I believe it must be a zone valve. These open and close for circulation of heating water, usually triggered by a thermostat somewhere. What is leaking is the valve as a separate part from the actuator which is the box marked Danfoss. My suspicion would be that if you took the actuator off then there would be a leak around the pin which then is visible - that seal can be replaced or alternatively the entire valve body can be replaced. They can be replaced by isolating that part of the circuit or else draining the entire system. Unfortunately, it is very common for plumbers to install heating systems without isolation valves that enable separation of branches for maintenance purposes. Unless you are fairly competent in plumbing (mind you none of it is very challenging) then you might be better to employ a plumber.