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Archer acquires isol8 to advance subsea and rigless P&A capabilities

Hamilton, Bermuda (May 22, 2026) Archer has signed a share purchase agreement to acquire isol8, an innovative well technology company that specialises in alloy-based barrier solutions and advanced materials for use in well completions, intervention, and plug and abandonment (P&A). These technologies and solutions will expand and grow Archer’s plug business and advance our strategy to be the P&A company of choice. Archer CEO Dag Skindlo commented: “This acquisition brings valuable technologies and talent into Archer. Isol8’s solutions will strengthen and expand our leading plug

Archer secures contract extensions adding $130 million in contract backlog

Hamilton, Bermuda (May 21, 2026) Archer Limited (“Archer”) is pleased to announce the extension of an existing drilling contract in Vaca Muerta, Argentina. The contract has a total estimated value of $130 million, including a firm period extending through October 2028, with an additional two-year optional period through October 2030. The scope of services includes the provision of one drilling rig and operation of a client owned rig. Gerardo Molinaro, EVP Land Drilling at Archer, commented:“These extensions reaffirm the confidence our client places in our people and operational

Archer Limited: Archer reports growth and reconfirms guidance for the year

Hamilton, Bermuda (May 19, 2026) Archer Limited (“Archer”) reports another strong quarter and confirms quarterly cash distribution to shareholders, corresponding to an annualized yield of roughly 9%. For Q1, we report revenue of $278.4 million and adjusted EBITDA of $41.1 million, representing a YOY-growth of 15% and 18% respectively, when excluding the divested workover business in Argentina from 2025 financials. Archer’s CEO, Mr. Skindlo comments: “We are pleased to deliver another quarter of organic growth, driven in particular by increased activity within P&A solutions in the

Archer Limited: Archer distribution of shareholder return - NOK 0.62 per share

Hamilton, Bermuda (May 19, 2026) Archer Limited (ticker "ARCH”) announces that the Board of Directors has approved a cash distribution to shareholders as specified below. The distribution will be in the form of return of capital and will be made from the Company's Contributed Surplus account which consists of previously paid in share premium transferred from the Company's Share Premium account. Please find below the key information relating to the return of capital. · Return of capital: NOK 0.62 per share · Declared currency: NOK · Last day including right: May 19, 2026 ·

Archer Limited: Invitation to Q1 2026 Earnings Release Call

Hamilton, Bermuda (May 13, 2026) Archer Limited will host a presentation of its Q1 2026 earnings release on May 19, 2026 at 09:00 CEST.  To follow the presentation, the following options are available: A. Webcast To register for the webcast please go to https://events.q4inc.com/attendee/721879711 B. Conference call To access the call, which is open to the public, please dial in at the participant telephone numbers listed below. Please call in 10 minutes prior to the scheduled start time and ask for the “Archer Q1 2026 Earning Release Presentation.” Participants dial-in:

Archer Limited – 2026 AGM Results Notification

Archer Limited (the “Company”) advises that the 2025 Annual General Meeting of the Shareholders of the Company was held on 12 May 2026 at 10:00 hrs, at Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton, HM08, Bermuda. The audited consolidated financial statements for the Company for the year ended 31 December 2025 were presented to the Meeting. In addition, the following resolutions were passed: 1. To set the maximum number of Directors not more than eight. 2. To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of

Archer secures two-year contract extension with Equinor valued at NOK 700 million

Hamilton, Bermuda (May 4, 2026) Archer is pleased to announce the successful extension of its frame agreement with Equinor for the provision of P&A solutions (TCP services), fishing and downhole mechanical isolation services. The contract extension is for a period of two years and has an estimated value of NOK 700 million. The renewed agreement reinforces Archer’s long-standing relationship with Equinor and underscores the company’s continued commitment to delivering high-quality, reliable well services across the Norwegian Continental Shelf. Under the terms of the extension,

Archer secures three-year contract extension with Equinor for wireline and intervention services

Hamilton, Bermuda (April 27, 2026) Archer has been awarded a three-year contract extension by Equinor ASA for the provision of wireline and intervention services on the Norwegian Continental Shelf. The contract extension builds on the integrated wireline contract originally awarded to Archer in 2021, under which Archer, together with its alliance partners, has delivered services across key Equinor assets. While the original agreement included optional extension periods of three times two years, the current award represents a firm three-year extension, providing continued operational

Archer Limited Publication of Annual Report 2025

Hamilton, Bermuda (April 24, 2026) Archer Limited (“Archer” or the “Company”) today announces the publication of its Annual Report for 2025, including audited consolidated financial statements. Reference is made to the Company’s preliminary financial information for 2025 published on 27 February 2026 (the “Preliminary Financials”). The audited financial statements include certain differences compared to the Preliminary Financials. The principal differences relate to the accounting treatment of the sale of the workover and pulling business in DLS South, completed in 2026. Assets and

Archer Limited Notice of Annual General Meeting 2026

Hamilton, Bermuda (April 20, 2026) Archer Limited (the "Company") announces that its 2026 Annual General Meeting will be held on 12 May 2026 (“Meeting”). A copy of the Notice of Annual General Meeting and associated information can be found on our website at www.archerwell.com and attached to this press release. The Company's Consolidated Financial Statements for 2025 will be available on the website ahead of the Meeting. The Board of Directors, Archer Limited

Archer Limited – Notice of Annual General Meeting 2026

Hamilton, Bermuda (March 31, 2026) Archer Limited (OSE: ARCH) (“ARCH” or the “Company”) advises that the 2026 Annual General Meeting of the Company will be held on 12 May 2026. The record date for voting at the Annual General Meeting is set to 7 April 2026. A copy of the Notice of Annual General Meeting and associated information, including the Company’s Annual Report will be distributed and made available on the Company’s website at archerwell.com prior to the meeting. The Board of Directors Archer Limited

Archer secures a 3-year contract extension with major operator on the Norwegian continental shelf

Hamilton, Bermuda (March 10, 2026) Archer has been awarded a 3-year contract extension with a major operator under a long‑term frame agreement for the provision of wireline services. Based on 2025 activity levels, annual revenue from this contract is estimated to represent between 7% and 9% of total Well Services revenue. The exercise of the extension option ensures continued provision of wireline services under the existing contractual framework. Bjørn Nilsen, Vice President Well Services at Archer, commented: “We are delighted that Archer was elected to continue our work for

Solid 2025 financial performance and continued EBITDA growth in 2026

Hamilton, Bermuda (February 2, 2026) Archer Limited (“Archer”) provides a trading update for Q4 and full year 2025 and presents its financial outlook for 2026. During 2025, Archer delivered resilient performance in a more challenging market, achieving EBITDA growth, expanded margins, and a strengthened financial position through operational excellence, successful bond refinancing, improved backlog, strategic M&A activity, and disciplined capital allocation. Transition to IFRS Reporting Effective from Q4 2025, Archer will transition from US GAAP to IFRS reporting standards, The

Archer Limited: Archer distribution of shareholder return - NOK 0.62 per share

Hamilton, Bermuda (February 2, 2026) Archer Limited (ticker "ARCH”) announces that the Board of Directors has approved a cash distribution to shareholders as specified below. The distribution will be in the form of return of capital and will be made from the Company's Contributed Surplus account which consists of previously paid in share premium transferred from the Company's Share Premium account. Please find below the key information relating to the return of capital. · Return of capital: NOK 0.62 per share · Declared currency: NOK · Last day including right: February 3,

Archer closed transaction to sell the workover business in the south of Argentina

Hamilton, Bermuda (January 30, 2026) Archer is pleased to announce that we have closed the transaction to sell our workover business in the south of Argentina, in the Provinces of Chubut and Santa Cruz, including 12 workover rigs, 12 pulling units and approximately 750 employees (the “Workover Business”). The Workover Business reported approximately USD 27 million in revenue in the last quarter of 2025. The divestment aligns with Archer’s strategy to streamline its land drilling portfolio and concentrate on the growing business in Vaca Muerta. The parties have agreed to not disclose the

Archer has entered an agreement to sell the workover business in the south of Argentina

Hamilton, Bermuda (January 30, 2026) Archer announces that it has entered into an agreement with a local buyer regarding potential sale of the workover business in the south of Argentina. The agreement outlines the relevant terms of a potential transaction and required closing conditions. The potential transaction relates to our workover business in the south of Argentina, in the Provinces of Chubut and Santa Cruz, including 12 workover rigs, 12 pulling units and approximately 750 employees. We expect the potential transaction to close within a short timeline but there is no

Archer Limited: Invitation to Archer Q4 2025 trading update and 2026 outlook presentation

Hamilton, Bermuda (January 29, 2026) Archer will host a call where participants will be presented the trading update for Q4 2025 and the 2026 outlook on February 2nd, at 09.00 CET.  To follow the presentation, the following options are available: A. Webcast To register for the webcast please go to https://events.q4inc.com/attendee/948956964 B. Conference call To access the call, which is open to the public, please dial in at the participant telephone numbers listed below. Please call in 10 minutes prior to the scheduled start time and ask for the “Archer Q4 2025 trading

Archer signs agreement with Patterson-UTI to lease two high spec drilling rigs for the Vaca Muerta field in Argentina

Hamilton Bermuda (January 15, 2026) Archer and Patterson-UTI (NASDAQ: PTEN) have entered into an agreement for Archer to rent 2 high spec drilling rigs from Patterson-UTI. These rigs are designed to optimize drilling efficiency in non-conventional fields such as the Vaca Muerta shale formation and will be deployed under Archer’s recently announced seven-rig drilling contract with YPF (December 1st, 2025), further strengthening Archer’s position as a leading provider of integrated drilling solutions. This agreement enables both organizations to strengthen their presence in the growing

Archer awarded integrated deepwater P&A contract in the Gulf of America

Hamilton Bermuda (January 14, 2026) Archer, in collaboration with SLB, has been awarded an integrated plug and abandonment (P&A) contract with Equinor for the Titan platform in the Gulf of America (GoA). The service offerings under the contract includes project management, well engineering, provision of a compact workover rig, coiled tubing, wireline services, and a suite of downhole P&A technologies and the scope covers P&A of three wells.  The award highlights the strong complementary capabilities of the two companies, combining SLB’s established deepwater leadership in the region

Archer Limited – Appointment of new Director

Hamilton, Bermuda (January 7, 2026) Archer Limited (“Archer” or the “Company”) is pleased to announce the appointment of Mr. Derek Mathieson as a new member of the Company’s Board of Directors, effective January 7, 2026. Mr. Mathieson brings more than 25 years of international experience from the energy industry, covering senior leadership positions in technology, operations, and strategy. He held several senior executive positions at Baker Hughes, including Chief Technology and Marketing Officer, Chief Strategy Officer, and President of Western Hemisphere Operations, and played a key

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