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About the company
Archer Limited is an oilfield service company. The Company operates through three segments: Platform Operations, Well Services, and Land Drilling. The Platform Operations segment includes platform drilling, modular rig, and engineering services. The Well Services segment includes oil tools, coil tubing and wireline service divisions. The Company 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. The Company’s comprehensive drilling and workover services include platform drilling, land drilling, directional drilling, drill bits, modular rigs, fluids, engineering, and equipment rentals, as well as a select range of support services and products. The Company operates in approximately 40 locations providing drilling services, well integrity and intervention, plug and abandonment and decommissioning to its upstream oil and gas clients.
- Revenue in NOK (TTM)13.83bn
- Net income in NOK13.20m
- Incorporated2007
- Employees5.07k
- LocationArcher LtdSandnesveien 358SANDNES 4312NorwayNOR
- Phone+47 51308000
- Websitehttps://www.archerwell.com/
Mergers & acquisitions
Acquired company | ARCH:OSL since announced | Transaction value |
---|---|---|
Air Drilling Associates Inc-Argentinian Business | -12.28% | -- |
Moreld Ocean Wind As | -17.17% | -- |
Vertikal Service AS | -17.29% | 2.37m |