Archer Limited: Archer secures additional platform drilling contract in Brazil with an initial estimated value of USD$20 million
Hamilton, Bermuda (March 12, 2024) Archer is pleased to announce the award of a platform drilling contract with Trident Energy do Brasil (part of the wider Trident Energy Group). The contract has an initial estimated value of USD$20 million over the firm 2-year period. The contract includes an additional 1-year option and further options at mutual agreement thereafter. This new award supports Archer's growth in the Brazilian market and underscores our commitment to high-quality, innovative solutions in the energy industry. Trident Energy, a key player in the Brazilian energy sector, has