Archer wins four-year deal with Equinor in Brazil
- Business & Finance
Norway’s Equinor has awarded Archer 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 located offshore Brazil.
Archer said on Monday that the contract is effective from December 1, 2020.
The new four-year contract awarded will be in direct continuation of Archer’s current contract, and will further extend Archer’s continuous relationship with Equinor in Brazil to over 15 years since Peregrino A drilling start-up of operations in 2009.
The contract award ensures Archer’s continued operations for Equinor in Brazil until November 30th, 2024.
“We are delighted to have been awarded this 4 year contract award. It is positive news for Archer and is recognition of the hard work and commitment from all our personnel who have consistently maintained a safe environment on the Equinor Peregrino operations, whilst ensuring a high level of operational and technical efficiency.” said Kenny Dey, VP Platform Drilling.
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