Archer in two-year extension with ‘major operator’
Oslo-listed oilfield services provider Archer has said it has secured a contract extension with a major operator for two more years.
Archer did not name the operator nor did it disclose the financial details of the contract extension.
“The contract extension is scheduled to commence 1st November 2018 and ensures continuity of platform drilling operations and maintenance management services on seven platforms located in the UK sector of the North Sea,” Archer said.
The company further said the award represented the “sixteenth contract extension and competitive re-tender award to Archer in the last four years for platform drilling operations and maintenance services in the UK, Norway, Greece, and Brazil.”