Archer wins further P&A work with Repsol

  • Business & Finance

Repsol Norge, a Norwegian unit of the Spanish oil company Repsol, has awarded oil services company Archer additional contracts for plugging and abandonment (P&A) and related services in Norway. 

Archer said on Wednesday Archer Wireline and Archer Oiltools had won four-year frame agreement contracts for additional P&A services for Repsol Norge.

The two P&A contracts follow another four-year contract awarded by Repsol to Archer in August for permanent plug and abandonment rig operations on the Gyda platform. This deal aslo included three additional two-year extension options. The contract scope includes drilling and maintenance services, engineering and downhole tool rental services.

As for the latest deal, the contract scope for Archer Wireline includes mechanical wireline services as well as pipe recovery, and other electric-line logging services. For Archer Oiltools, the contract scope includes barrier testing, establishing rock-to-rock barriers, and permanent downhole mechanical isolation.

John Lechner, Archer CEO, said: “These additional contracts for Wireline and Oiltools services strengthens our long-term business relationship with Repsol and our position as a provider of integrated P&A services on the Norwegian continental shelf.”

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