Archer News

 

Archer Knight to Support All Neptune Energy's Diving Ops on UKCS

Feb 17, 2022

Archer Knight has secured a diving technical authority contract award with oil and gas firm Neptune Energy. The three-year deal will see the company providing Neptune Energy with specialist support for all diving operations in the UK.Under the deal…

Equinor Extends Offshore Drilling Contracts with Archer, KCA Deutag, and Odfjell Drilling

Feb 16, 2022

Norwegian oil and gas firm Equinor has exercised extension options worth 8 billion Norwegian crowns (~$898,7 million) with Archer, KCA Deutag, and Odfjell Drilling. The contracts include drilling, completion, intervention services, plugging…

Archer Names New Director

Oct 01, 2021

Oilfield services company Archer has appointed Jan Erik Klepsland as director. He will replace Kristian Melhuus, who has resigned resign as director of the Archer board. 'The board would like to thank Mr. Melhuus for his substantial contribution to Archer over the past years…

Market Report: The Work Class ROV Market

Aug 02, 2021

Demand for work-class ROVs (WROV) has traditionally been determined by the state of the global offshore oil & gas industry. This is likely to remain the case in the short to medium-term. However, there’s a new kid on the block – offshore wind…

Archer to Complete DeepWell Buy in 'Next Few Days'

May 31, 2021

Oilfield services company Archer is set to complete the previously announced acquisition of rival DeepWell.'The completion of the acquisition [of DeepWell ] was conditional on obtaining necessary regulatory approval. Such approval was granted today by the Norwegian Competition Authority…

Archer to Provide P&A Services to Wintershall Noordzee for Up to 42 Wells

May 27, 2021

Wintershall Noordzee, a Dutch joint venture between Gazprom and Wintershall Dea has awarded Archer Oiltools the contract for a plugging and abandonment campaign for the 2021/22 period and for up to 42 offshore wells.Oil services company Archer will provide is Perforate…

Archer to Acquire Well Intervention Firm DeepWell

May 10, 2021

Oilfield services firm Archer has signed an agreement to acquire Norwegian offshore well intervention company DeepWell for NOK 177 million (21,57 million) on a debt and cash free basisDeepWell provides wireline and downhole services to oil companies on the Norwegian Continental Shelf (NCS)…

Archer to Acquire DeepWell

Apr 26, 2021

Oilfield services firm Archer said it has signed an offer letter with Moreld laying out principle terms to purchase 100% of the shares in DeepWell, a Norwegian well intervention company focused on mechanical wireline and cased hole logging services…

Archer Bags Long-term Wireline Services Work with ConocoPhillips in Norway

Apr 08, 2021

Oilfield and drilling services provider Archer has won a long-term frame agreement with ConocoPhillips for work offshore Norway.Under the five-year agreement, Archer will provide wireline services on the Norwegian Continental Shelf.Also, Archer…

Archer's Malaysian Agent Wins Extension with Petronas

Mar 04, 2021

Quarterback Services, the local agent of Archer Well Company has secured a one-year extension with Petronas Carigali for the provision of well downhole leak detection services using ultrasound technology.Archer said that the original contract had been for an initial period of three years…

Altus, Archer Bag Wireline Services Deals with Equinor

Jan 19, 2021

Norwegian energy giant Equinor has awarded Altus Intervention and Archer Integrated Services framework contracts for supplying integrated wireline services within well intervention to Equinor’s fixed platforms. Altus Intervention will provide services at the Gina Krog…

Archer in 5-Year Drilling Services Deal with Aker BP

Nov 24, 2020

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…

Archer Nets Two-Year Extension with 'Major' North Sea Firm

Oct 22, 2020

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…

Borr Drilling Names Veteran Oilfield Services Exec as New CFO

Oct 14, 2020

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…

Archer Nets $100M Drilling Services Extension with Apache in North Sea

Sep 24, 2020

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…

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