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…
Three Norwegian labor unions agreed on a wage deal with the owners of floating offshore oil drilling rigs, preventing the outbreak of a strike that would have disrupted exploration, the unions said on Thursday.The deal between the Norwegian Shipowners' Association and the Industri Energi…
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…
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…
Wage talks involving thousands of Norwegian oil drilling workers broke down on Thursday, unions and employers said, raising the risk of a strike that could disrupt oil and gas exploration and efforts to boost output from existing fields.The…
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)…
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…
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…
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…
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…
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…