Archer Limited : Statoil exercises option to extend its Platform Drilling Management contract for the Peregrino Field Development located offshore Brazil

  Hamilton, Bermuda (17 November, 2017) Archer Limited announces that effective from the 1st December 2017, Statoil Brasil Oleo e Gas Ltda. have confirmed a 3 year extension to the Archer’s contract for the provision of Platform Drilling Management Services on the Peregrino A and B platforms located offshore Brazil. The extension awarded is the […]

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Archer Limited : Ørjan Svanevik resigns as Chairman and member of the Board

Hamilton, Bermuda (November 8, 2017) Ørjan Svanevik, Chairman of Archer Limited (ARCHER), has resigned from the Board of Directors of Archer. The board would like to thank Mr. Svanevik for his substantial contribution to Archer. The Board of Directors will proceed to elect a new Chairman of the Board in due course. For additional information, please […]

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Archer Limited : Third Quarter 2017 Trading Update

Hamilton, Bermuda (October 31, 2017) Third quarter highlights 2017 Revenue $212.3 million EBITDA of $17.8 million before exceptional items Contract awards and renewals during Q3 17 improved order backlog by roughly $100 million P&A contract for Platform Drilling for Repsol Norway Renewed contract for Platform Drilling for Chevron UK Oiltools and Wireline won frame agreement […]

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Archer Limited : Announcement of third quarter 2017 trading update release date and conference call information

Hamilton, Bermuda (October 18, 2017) Archer Limited’s third quarter 2017 trading update is scheduled to be released on Tuesday October 31, 2017. In connection with the trading update release, a conference call will be held at 14:00 Oslo time (8:00 Houston time/ 13:00 London time) on Tuesday October 31, 2017. To listen to the conference […]

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Archer Limited : Minutes from the 2017 Annual General Meeting

Hamilton, Bermuda (September 23, 2017) Archer Limited (the “Company“) advises that the 2017 Annual General Meeting of the Shareholders of the Company was held on September 22, 2017 at 11:15 a.m. at the Elbow Beach Hotel, 60 South Shore Road, Paget PG04, Bermuda.  The audited consolidated financial statements for Archer Limited for the year ended […]

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Archer Limited: Repsol Norge awards Archer additional contracts for P&A and related services.

Hamilton, Bermuda (September 13, 2017) Reference is made to the press release on August 9, 2017 regarding the award of a four year contract for P&A rig operations by Archer for Repsol Norge AS .  Archer is now pleased to announce that Repsol also has awarded Archer Wireline and Archer Oiltools  four year frame agreement […]

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Archer Limited : Notice of annual general meeting

Hamilton, Bermuda (August 31, 2017) Archer advises that its 2017 Annual General Meeting will be held on September 22, 2017. The record date for voting at the Annual General Meeting is set to July 24, 2017.  A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial statements for […]

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Archer Limited : Announces Filing of Registration Statement for Proposed Initial Public Offering by Quintana Energy Services Inc

Hamilton, Bermuda (August 10, 2017) Archer Limited (“Archer”) announced today that Quintana Energy Services Inc. (“Quintana”), a provider of completion, production and drilling services to onshore oil and natural gas exploration and production companies in which Archer currently owns an approximate 36% investment interest, has filed a registration statement with the U.S. Securities and Exchange […]

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Archer Limited : Repsol Norge awards Archer a four-year contract for the provision of P&A rig operations on the Norwegian Continental Shelf

Hamilton, Bermuda (August 9, 2017)  Archer Limited announces a four-year contract for P&A rig operations. The contract scope includes permanent plugging and abandonment of the wells on the Gyda platform operated by Repsol Norge AS. In addition to the firm contract term, three additional two-year extension options are available. The contract scope includes drilling and […]

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