Archer secures two-year contract extension with Equinor valued at NOK 700 million
Norway, May 4 -- 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 will continue to provide a comprehensive suite of well services, leveraging its technical expertise, operational efficiency, and focus on safety to support Equinor's ongoing an...
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