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Home›Business & Finance›Archer lands extension for services on seven UK North Sea installations
Business & Finance

October 22, 2020 · about 5 years ago

Archer lands extension for services on seven UK North Sea installations

Archer has secured a two-year contract extension with a major North Sea operator for the provision of platform drilling operations and maintenance services.

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Archer

Oilfield services provider Archer has 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.

The extension will start on 1 November 2020 in direct continuation of the current contract, Archer said on Thursday.

However, Archer has not revealed the name of the operator nor the value of the extension.

Over the next two years, Archer will continue to deliver drilling operations, maintenance and intervention support services including the provision of well services and rental equipment.

In addition, Archer’s engineering team has been contracted to conduct one rig reactivation, as well as provide brownfield engineering and operation preparational support to the other six assets.

Dag Skindlo , CEO of Archer, commented: “This contract extension reflects our client’s confidence in our ability to maintain safe operations whilst delivering improvements to both the drilling facilities and to the platform drilling and well intervention operations on their assets.

“This extension testaments the hard work and dedication of our personnel who have been supporting these assets since 2015. We firmly believe this extension is a result of Archer’s continual commitment to provide our clients with solutions to improve well delivery, integrity, and performance”.

Archer has also recently secured a four-year contract extension with Apache for the provision of platform drilling operations and maintenance services in the UK North Sea.

Apache’s assets included in this deal are Beryl Alpha and Bravo, Forties Alpha, Bravo, Charlie and Delta.

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