The three-year agreement covers the supply of OCTG Premium products, associated accessories, and specialised physical and digital services, representing a volume of supply above 110 kt of products and accessories.
Drilling & production
More Drilling & production news
The CT&P business fits well within Archer’s overall strategy to grow our drilling and well services in UK and to further grow our integrated P&A service offering.
The company has approved the final investment decision of the Lapa South-West oil development located in the Santos Basin, 300 km off the coast of Brazil.
The company has successfully completed the assessments of the requirements for API 16AR repair and remanufacturing of drill-through equipment at its manufacturing facility in Hempstead, Texas.
According to the company, upstream oil and gas companies made big strides in 2022, restoring confidence and repairing balance sheets.
In 2023 the company plans to participate in 25 exploration wells, most of them around existing infrastructure.