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4 stories mentioning ARCH.OL

Every FINWIRES story that references ARCH.OL, newest first.

Equities

Archer Ltd to Purchase Well Technology Company isol8

Archer Ltd. (ARCH.OL) agreed to buy UK-based well technology company isol8 to expand its plug business and its subsea and rigless plug and abandonment offering.The Scottish company specializes in alloy-based barrier systems and advanced materials for well completions, intervention and plug and abandonment, according to a Friday release.The Norway-listed drilling and well services group expects the transaction to close in the second quarter, subject to regulatory approvals.

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Equities

Archer Ltd. Lands $130 Million Extension to Drilling Contract in Argentina

Archer Ltd. (ARCH.OL) said Thursday it secured an extension worth $130 million to a drilling contract in Vaca Muerta, Argentina.The Norway-listed drilling and well services company's contract, which includes the provision of a drilling rig and the operation of a client-owned rig, has a firm period through October 2028 and an option for a further two years.

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Equities

Archer Wins NOK700 Million Agreement Extension from Equinor

Archer (ARCH.OL) extended its frame agreement with oil and gas giant Equinor (EQNR.OL) to provide TCP services, fishing, and downhole mechanical isolation services.The two-year extension is valued at 700 million Norwegian kroner, according to a Monday release from the Norwegian drilling and well services company.

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Equities

Equinor Extends Archer's Wireline Services Contract

Archer (ARCH.OL) said Monday that oil and gas company Equinor (EQNR.OL) extended its wireline services contract on the Norwegian Continental Shelf with the company for three years.The Norwegian drilling and well services company noted the 3 billion-Norwegian-krone extension builds on the original contract signed between the companies in 2021.

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