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About the company
Archer Limited is an international oilfield service company. Its segments include Platform Operations, Well Services, and Land Drilling. The Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services. The Well Services segment includes its oil tools, coil tubing and wireline service divisions. It is also focused on renewable energy services, which includes geothermal drilling for electricity, district heating, carbon storage, floating offshore wind, wind turbine services, and hydropower services. Its comprehensive drilling and workover services include platform drilling, land drilling, directional drilling, drill bits, modular rigs, engineering and equipment rentals, and a select range of well delivery support services and products. It operates in 40 locations providing drilling services, well integrity and intervention, plug and abandonment and decommissioning to its upstream oil and gas clients. It also focused on oil and gas fishing operations.
- Revenue in NOK (TTM)13.92bn
- Net income in NOK13.28m
- Incorporated2007
- Employees5.07k
- LocationArcher LtdSandnesveien 358SANDNES 4312NorwayNOR
- Phone+47 51308000
- Websitehttps://www.archerwell.com/
Mergers & acquisitions
Acquired company | ARCH:OSL since announced | Transaction value |
---|---|---|
Wellbore Fishing & Rental Tools LLC | 1.03% | 51.50m |
Air Drilling Associates Inc-Argentinian Business | -16.86% | -- |
Moreld Ocean Wind As | -21.49% | -- |
Vertikal Service AS | -21.60% | 2.37m |