Search results for: Archer

181 results

A list of search results

  • 17 March 2015
    Business & Finance, Equipment, Exploration & Production

    Archer, a global supplier of drilling and well services, has started operations to permanently plug and abandon (PP&A) 12 gas wells on Statoil’s Heimdal platform in the Norwegian North Sea. John Lechner, President North Sea and Executive Vice President, Archer, said: “I am very pleased with the excellent work by both the onshore and offshore […]

  • 17 March 2015
    Operations & Maintenance

    Archer, a global supplier of drilling and well services, has started operations to permanently plug and abandon (PP&A) 12 gas wells on Statoil’s Heimdal platform in the Norwegian North Sea.  John Lechner, President North Sea and Executive Vice President, Archer, said: “I am very pleased with the excellent work by both the onshore and offshore Archer […]

  • 22 March 2019
    Business & Finance

    Oilfield services firm Archer has said its CEO John Lechner has resigned “effective immediately.”

  • 22 March 2019
    Business & Finance, Equipment

    Oil services company Archer said on Friday that its CEO John Lechner has resigned from his position, effective immediately. He will remain as a senior advisor to the Archer leadership team during the transition period until a new CEO is appointed. During the interim period, Archer Chairman Kjell-Erik Østdahl will assume the role of executive […]

  • 22 May 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Archer has secured a formal contract award for the provision of a modular drilling unit and associated services from TAQA.

  • 13 April 2016

    Archer is a global oil services provider employing more than 5,000 people at 40 locations in 19 countries. The company provides drilling services, well integrity & intervention, plug & abandonment and decommissioning services. Offshore Energy Today has interviewed Mr. Kevin Cowieson, Archer’s business development manager for the North Sea region, on the back of Archer winning the contract to […]

  • 10 March 2020
    Business & Finance

    Oilfield services provider Archer has promoted its chief financial officer to the role of chief executive officer (CEO).

  • 11 February 2013
    Business & Finance, Equipment

    Archer, the global oilfield service provider, has secured a contract with Statoil for the permanent plugging and abandonment of 12 gas wells on the Heimdal field in the Norwegian North Sea using Archer’s latest ground-breaking modular rig, the Archer Topaz. The Heimdal rig is operated by Statoil with partners Total, Centrica and Petoro. The total […]

  • 26 September 2019
    Business & Finance, Exploration & Production

    Oil services company Archer has been awarded a contract with a North Sea operator for the provision of drilling services using the modular drilling rig Archer Topaz.

  • 13 September 2017
    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 […]

  • 16 January 2018
    Business & Finance

    Archer Limited has been awarded a three-year contract by Apache for the provision of platform drilling management services which include operations and maintenance on the Forties and Beryl fields.

  • 18 October 2018
    Business & Finance

    Archer transitioned over four new and nine existing operations to the “Drilling Services Fixed Platforms” contract with Equinor previously awarded on April 3, 2018. 

  • 13 March 2013

    Rig owners and oil companies will have one point of contact for the coming large modification and upgrade project through AWA – a so far unknown rig alliance on the Norwegian Continental Shelf within drilling operations between Westcon and Archer. The well established companies Westcon Group and Archer find together to create a “one-shop-stop” for […]

  • 13 March 2020
    Business & Finance

    Archer has secured a consensual amendment and extension of its debt facilities with all the lenders to the company.

  • 26 April 2017

    Offshore driller Seadrill has closed a deal with oilfield services firm Archer to extinguish $253 million in financial guarantees provided by Seadrill. The scrapping of the guarantees comes in exchange for a cash payment of approximately $25 million. Seadrill said on Wednesday it remained in “constructive discussions” with Archer and its lenders to extinguish the […]

  • 29 April 2016

    Oilfield services company Archer has nearly doubled its net loss in the first quarter of 2016, and reported a 42.1% drop in revenues as low oil prices caused its clients to further cut costs.  During the quarter, the company axed around 600 jobs, with more to come in the following period. Archer’s revenue for the first […]

  • 5 April 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Statoil has confirmed a four-year firm contract to Archer for the provision of “drilling services fixed platforms” on a total of 12 platforms located on the NCS. The contract award includes three contract extension options of two years each. The contract is effective from October 1, 2018 following a transition period to prepare for operations. […]

  • 31 October 2017
    Business & Finance

    Oil services company Archer Limited cut its net loss during the third quarter of the year compared to the prior-year period.  Archer’s net loss for the third quarter 2017 was reduced to $4.6 million from $42 million in the prior-year period, according to its quarterly financial report issued on Tuesday. For the third quarter 2017 […]

  • 3 April 2018
    Business & Finance

    Archer will on the beginning of the contract increase its employee base by approximately 400 people.

  • 9 August 2017
    Business & Finance, Exploration & Production

    Oil services company Archer has been awarded a four-year contract for plug and abandonment (P&A) rig operations by Repsol.  According to Archer’s statement on Wednesday, the contract scope includes permanent plugging and abandonment of the wells on the Gyda platform operated by Repsol Norge. The Gyda field is located in the Norwegian sector of the […]

  • 29 April 2016
    Business & Finance

    Global oil services company Archer has announced the appointment of John Lechner as Chief Executive Officer and Dag Skindlo, who was recently named as the company’s CFO, as Director, effective immediately. According to Archer, Lechner has more than 30 years of experience in international oilfield services and replaces David King, who has been Archer’s CEO […]

  • 14 October 2015
    Business & Finance, Exploration & Production

    Archer (UK) Limited announced today the award of a three-year contract with two times two-year extension options, for the provision of platform drilling services for Talisman Sinopec. The contract will see Archer provide onshore rig operations, maintenance and QHSE management, and offshore operations and maintenance supervision on the Claymore, Clyde, Fulmar, Piper B, Saltire and Tartan platforms in the UK sector […]