Archer Oiltools News Today

Oilfield services company Archer Limited has acquired Aberdeenshire-based firm Romar-Abrado, which offers services to the…

Archer Limited has closed the acquisition of Romar-Abrado. The acquisition is based on an enterprise value of USD 8 million, plus earn-out pending trading performance over 2023 to 2025. Romar-Abrado offers advanced milling and SWARF handling services to the global Plug and Abandonment (P&A) market.

Hamilton, Bermuda Archer Limited is pleased to announce that we have closed the acquisition of Romar-Abrado. The acquisition is based on an enterprise value of USD 8 million, plus earn-out pending... | January 10, 2023

Oilfield services giants Baker Hughes, Halliburton, and Schlumberger have signed a contract extension with the Norwegian…

Equinor is extending its contracts with Baker Hughes, Halliburton, and Schlumberger for integrated drilling and well services on its fields on the Norwegia...

Equinor is extending its contracts with Baker Hughes, Halliburton and Schlumberger for integrated drilling and well services on Equinor-operated fields on the Norwegian continental shelf. The contract extension for drilling services has an estimated total value of approx. NOK 14 billion. The total value of specialist services in the same period is calculated at close to NOK 6 billion.

Archer Oiltools has been awarded the P&A campaign for Wintershall Noordzee in 2021/22.