Archer secures $165 million Repsol Sinopec contract for P&A decommissioning
Hamilton, Bermuda (August 15, 2023) Repsol Sinopec Resources UK Limited has awarded a $165 million decommissioning contract to Archer to execute the plug and abandonment (P&A) of 30 wells in the Fulmar Field and two wells in the Halley Field. The contract is a fully integrated P&A project, covering the complete work scope, including a modular P&A rig, well services and well engineering. With over 45 years platform drilling experience in the UKCS, combined with the comprehensive portfolio in well services product lines, Archer is uniquely positioned in the industry to drive down cost