Published On: Thu, Sep 24th, 2020

Archer wins 4-yr contract extension for Apache assets in UK North Sea

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Archer has bagged a four-year contract extension worth up to $100 million from for providing platform drilling operations and maintenance services for certain UK fields.

The fields that are part of the contract are , , Bravo, Charlie, and .

The oil services company said that the extension will begin from 1 January 2021 in direct continuation of the existing contract.

Dag Skindlo – CEO of Archer said: “We are very pleased to secure this contract extension which underlines Apache’s confidence in Archer’s capabilities in providing platform drilling and maintenance services on their assets. The extension strengthens our long-term business relationship with Apache, which dates back to 2004, and our position as a major provider of platform-based drilling and intervention solutions in the UK.

“During these challenging times, the professionalism of our team has ensured safe and efficient services to Apache. We firmly believe this contract win is a result of Archer’s continual commitment to provide operators with our experience and the right solutions to improve well delivery, integrity and performance.”

Archer wins 4-yr contract extension for Apache assets in UK North Sea

Archer wins 4-yr contract extension for Apache assets in UK North Sea. Photo courtesy of Archer.

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