Archer News

 

TAQA Hires Archer for 21-Well P&A Campaign in UK North Sea

May 22, 2020

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…

We Can Withstand Drop in Activity, Archer CEO Says as Refinancing Complete

Apr 28, 2020

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…

Archer Names New CEO, CFO

Mar 10, 2020

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…

Equinor gets OK for Topaz Rig Use on Heimdal

Mar 04, 2020

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 Bags Equinor Brazil Gig

Dec 09, 2019

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 to Reactivate Topaz for North Sea Gig

Sep 26, 2019

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…

Aker BP Extends Archer Contract

Sep 24, 2019

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…

OMV Hires Archer Emerald

Jul 08, 2019

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…

Seadrill Considers Selling Non-core Assets

May 23, 2019

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 Wins Contract from Chevron

Apr 23, 2019

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…

Archer CEO Lechner Resigns

Mar 22, 2019

Oil services company Archer Limited announced Friday that CEO John Lechner has resigned from his position, effective immediately.Lechner will remain as a senior advisor to the Archer leadership team during the transition period until a new CEO is appointed…

Apache inks Archer for North Sea services

Jan 16, 2018

Archer has been awarded a new, three-year contract by Apache for platform drilling management services in the North Sea.  The contract includes operations and maintenance on Apache's Forties and Beryl fields. This will include the Forties Alpha…

Statoil extends Archer Peregrino contract

Nov 20, 2017

Statoil has confirmed a three-year extension to its contract with Archer for platform drilling management services on the Peregrino A and B platforms offshore Brazil. The extension awarded is the second of the two options included in the original four year contract which commenced in 2009…

Archer launches new generation of SPACE

Oct 03, 2017

Archer has launched a new generation of SPACE ultrasound imaging and measurement services, which apply ground-breaking ultrasonic techniques such as phased-array beam-forming to enable true spatial understanding of the downhole environment…

Archer wins Repsol Norge P&A

Sep 13, 2017

Repsol has awarded Archer Wireline and Archer Oiltools  a four-year frame agreement contracts for additional plugging and abandonment (P&A) services for Repsol Norge. Image from Archer.  The…

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