Fossil Energy – Drilling
Archer has secured a five year contract for the provision of platform drilling operations and maintenance services on seven installations with UK North Sea Operator.
The estimated value is $50 million over the firm contract period.
The new contract will commence November 1st, 2022, in direct continuation of the current contract and contains options for an additional four years.
The scope of the contract include platform drilling operations and maintenance services, intervention support activities, well services, facilities engineering support and equipment rental.