Oslo-listed oilfield services provider Archer has won a five-year contract with the Norwegian oil company Aker BP.The contract is for the provision of platform drilling operations and maintenance services on the Ula and Valhall installations in the Norwegian sector of the North Sea…
Oilfield and drilling services firm Archer said Thursday it had secured a two-year contract extension with a major North Sea operator for the provision of platform drilling operations and maintenance services on seven UK North Sea installations…
Jack-up drilling rig contractor Borr Drilling has appointed Christoph Bausch as its new Chief Financial Officer, replacing Francis Millet with effect from November 1, 2020.Previously, Bausch served as Executive Vice President and Chief Financial Officer of Weatherford…
Oilfield services company Archer has won a four-year contract extension to provide platform drilling and maintenance services for Apache in the UK North Sea.The contract covers services aboard the Beryl Alpha and Bravo, Forties Alpha, Bravo…
Offshore drilling rig contractor Seadrill said on Monday it has proposed to creditors to turn over its stakes in oil services firms Archer and Seadrill Seabras to redeem its outstanding secured notes.The company controlled by Norwegian-born…
Oilfield services company Archer has won a contract for the provision of modular drilling unit and associated services aboard TAQA's Cormoran Alpha platform in the UK North Sea.Archer's rig has been contracted by TAQA to perform a twenty-one…
Oilfield services company Archer has completed the refinancing of the company, and said new financing agreement provided 'robust financial foundation.'The Oslo-listed company has come out with available liquidity of more than $90 million and without major debt maturities until late 2023…
Oilfield services firm Archer announced Tuesday that Dag Skindlo will take over as the company's new Chief Executive Officer and that Espen Joranger will succeed Skindlo as Chief Financial Officer.Skindlo joined Archer as Chief Financial Officer and EVP Strategy in May 2016…
The Norwegian energy company Equinor has received a regulatory consent to use the Topaz modular drilling rig at the Heimdal field in the North Sea, offshore Norway. More specifically, the Petroleum Safety Authority Norway has given its approval for the Equinor to install…
Archer, a global oil services company, announced that Equinor Brasil Oleo e Gas Ltd has confirmed a new four-year contract for the provision of platform drilling management services on the Peregrino field development on the Peregrino A and B platforms respectively…
Archer said it has secured a contract with a North Sea operator for the provision of drilling services using the modular drilling rig Archer Topaz.The firm contract commitment is for permanent plugging and abandonment of two wells and recovery of conductors…
Oilfield services company Archer announced on Tuesday that it has been awarded a 15-month extension to its existing platform drilling and maintenance services contract for Aker BP’s Valhall and Ula platforms on the Norwegian Continental Shelf…
Services firm Archer announced on Monday it has been awarded a contract with integrated oil and gas company OMV for the provision of drilling services using the modular drilling rig (MDR) Archer Emerald, including associated services, materials…
Offshore drilling contractor Seadrill is considering selling non-core assets, including its 15.7% stake in oil service firm Archer , to reduce its liabilities, the firm's outgoing chief financial officer said on Thursday.Seadrill, controlled by Norwegian billionaire John Fredriksen…
Archer announced Tuesday it has been awarded a contract to provide platform drilling services for Chevron in the UK sector of the North Sea.Under the deal, Archer it will provide offshore operations and maintenance supervision on the Alba Northern and Captain platforms…