The extension will commence on 1 October 2022 in direct continuation of the current contract.
The extension covers all the rigs which Archer is currently the incumbent contractor for, which include Statfjord A, B and C, Gullfaks A, B and C, Grane, Njord, Sleipner A, Snorre A and B, and Visund.
Dag Skindlo, CEO of Archer, commented: "We are delighted to continue our operations for Equinor in the North Sea for an additional 2 years. We have over time shown safe and strong operational performance. Archer is dedicated to further develop our OneArcher operating model to provide Equinor with safe, efficient and cost-effective solutions while contributing to both Archer's and Equinor’s ESG roadmap.”
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Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/17022022/archer-awarded-contract-extension-for-platform-drilling-services-with-equinor/