Tag: Archer

Energy, Oil & Gas

Archer secures major UK North Sea decommissioning contract

Archer Limited has entered into a major contract with Well-Safe Solutions for plug and abandonment (P&A) activities at the Beryl and Forties fields in the UK North Sea. The decommissioning project, starting in 2026, covers seven platforms and more than 260 wells....

Energy, Oil & Gas

Archer extends drilling, maintenance contract with Aker BP

Archer has received formal notice from Aker BP of the exercise of the three-year extension option under the long-term contract originally awarded in November 2020 for the provision of platform drilling operations and maintenance services on the Ula and Valhall installations in the Norwegian sector of the North Sea....

Energy, Oil & Gas

Archer secures $600m drilling contract in Vaca Muerta

Archer has signed a five-year, $600 million contract with YPF for drilling services in Vaca Muerta, Argentina. The deal involves seven advanced drilling rigs and enhances collaboration for safe, efficient, and technologically advanced operations in the region....