Archer, a leading provider of drilling and well services, has signed a five-year contract with Repsol Resources UK for platform drilling services, facilities engineering, coil tubing, wireline services, and downhole well service technologies. The agreement includes a two-year optional extension.
This strategic partnership will support late-life operations and plug and abandonment activities on Repsol's extensive platform portfolio including Piper, Claymore, Tartan, Saltire, Auk, Arbroath, Montrose, Beatrice, and Clyde. A key component of the contract is the P&A scope, covering approximately 130 wells.
Dag Skindlo, CEO of Archer, is proud to announce this milestone win 'We are pleased to strengthen our partnership with Repsol through this major long-term agreement within our strategic focus on P&A services. We have robust technical and attractive commercial offerings within late life and P&A, and our team is committed to delivering operational excellence, innovation, and sustainability in the decommissioning of these assets.'
This agreement further solidifies Archer's position as a trusted provider of integrated drilling and well services with commitment to safe and cost-effective operations in the North Sea.
Source: Archer
