Archer Limited: Archer secures NOK 8 billion platform drilling contract with Equinor
Hamilton, Bermuda (March 13, 2024) Archer has been awarded a four-year contract extension for platform drilling services for Equinor in Norway with an estimated contract value of NOK 8 billion. “This is a large and important contract win for Archer. It provides us with excellent activity level and visibility over the next four years,” says Dag Skindlo, CEO of Archer. Under the contract, Archer will provide platform drilling services to nine out of Equinor’s 19 installations on the Norwegian continental shelf. Archer will service Gullfaks A, B and C, Sleipner A, Snorre A and B,