Oilfield services firm Archer has secured a $20 million contract from Trident Energy to provide its well interventions and platform drilling services in Brazil.Archer will provide comprehensive platform drilling services, including well interventions for regulatory requirements, workover and drilling operations, well maintenance and drilling facilities engineering, to enhance Trident Energy's offshore assets in Brazil…
Oilfield services firm Archer has signed a five-year contract with Repsol Resources UK for platform drilling services, facilities engineering, coil tubing, wireline services, and downhole well service technologies.The agreement also includes a two-year optional extension…
Equinor has awarded a three-year contract for well plugging on its operated fields on the Norwegian continental shelf (NCS) to Island Drilling for its Island Innovator semi-submersible rig, and hired Archer and Baker Hughes to provide plugging services…
Delmar Systems has been selected to deliver mooring scope for TotalEnergies’ Culzean floating wind pilot project, which will supply renewable electricity to an offshore oil and gas platform in the North Sea.Delmar Systems was hired by Archer Wind…
Well engineering specialist Elemental Energies and drilling and well services company Archer have entered into joint venture (JV) agreement to deliver integrated plugging and abandonment (P&A) services to global decommissioning projects.The…
Oilfield services firm Archer has secured a new five-year platform drilling contract with OKEA for work at Brage development, offshore Norway.The new contract has an initial estimated value of $79 million (NOK 850) million over a firm five-year…
Archer Well Services has entered into a global-exclusive license agreement with Raptor Data to boost its well integrity and plugging and abandonment (P&A) offering.The partnership integrates Raptor's advanced wireless acoustic telemetry technologies…
Archer Wind, Archer’s floating offshore wind solutions provider, has been awarded its first contract by TotalEnergies for delivery of the floating wind foundation for the Culzean Wind Pilot.The Culzean Wind Pilot will be connected to the Culzean platform…
Archer has agreed to acquire an additional 10% of the shares in Iceland Drilling from its joint venture partner Kaldbakur for $2.5 million, settled in Archer limited shares, bringing Archer’s total ownership to 60%.Iceland Drilling is a leader in high-temperature geothermal drilling…
Oilfield services firm Archer has entered into an agreement with Air Drilling Associates to acquire its managed pressure drilling (MPD) subsidiary ADA Argentina.ADA provides MPD services to Archer's largest customers in the Vaca Muerta basin in Argentina…
Oilfield services firm Archer has been awarded a two-year contract for platform drilling services for Equinor in Brazil.The contract will commence in November 2024 in direct continuation of Archer’s current contract for drilling operations and…
Oilfield services firm Archer has entered into an agreement with Remold Invest to fully acquire the floating offshore wind solutions provider Moreld Ocean Wind (MOW), including a minority stake in U.S.-French technology company Ocergy (OCY)…
Oilfield services firm Archer has secured extension of frame agreement for well services with Equinor in the North Sea.The two-year extension contract covers plug and abandonment, fishing and downhole mechanical isolation equipment. Based on current activity levels…
Oilfield services firm Archer has secured a two-year contract extension for platform drilling services in the UK with an estimated contract value of $40 million.The extension will start on May 1, 2024 in direct continuation of the current contract…
Oilfield services firm Archer has acquired 65% share of Norwegian energy services company Vertical Service, strengthening its offshore energy engineering portfolio.The consideration for the shares is a combination of $2.38 million (NOK 25 million)…