Archer apresenta o melhor resultado operacional trimestral em 3 anos

Archer Reports Best Quarterly Operating Result in 3 Years

Written by Paulo Nogueira

Published on 02/11/2018 at 06:47

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The Oil Services Company Archer Returned to Profit and Saw a Slight Increase in Revenue During the Third Quarter of This Year Compared to the Same Period Last Year

On Friday, Archer reported revenue of US $ 213.7 million in the third quarter of 2018, compared to US $ 212.3 million in the same period of the previous year. The company’s net profit in Q3 2018 was US $ 6.9 million, compared to a net loss of US $ 6.8 million in the same period last year. According to the company, this was the best quarterly operating result in three years. John Lechner, CEO of Archer, commented: “Archer is pleased to deliver the strongest quarterly EBITDA margin reported since the third quarter of 2015.”

Lechner also said: “On October 1, we successfully onboarded approximately 400 new employees as we mobilized for four additional Equinor platforms, as awarded in the second quarter. Our onshore and offshore teams have been working tirelessly to ensure a safe and effective start and transition across all platforms, and we anticipate a more modest growth in employee numbers in the future as we increase demand for our services in the market.

“Growth in our other businesses in the Eastern Hemisphere stabilized in the third quarter, but with increased drilling activity on contracted platforms, well-scheduled service projects, and an underlying growth forecast in E & P spending, I am confident that we will see sustained incremental growth in the coming quarters.

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Archer Reports Best Quarterly Operating Result in 3 Years

The Oil Services Company Archer Returned to Profit and Saw a Slight Increase in Revenue During the Third Quarter of This Year Compared to the Same Period Last Year

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Archer Reports Best Quarterly Operating Result in 3 Years

The Oil Services Company Archer Returned to Profit and Saw a Slight Increase in Revenue During the Third Quarter of This Year Compared to the Same Period Last Year

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.

Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.

Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.

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Balloon the size of a stadium spends 25 days alone over Antarctica at nearly 37 km altitude and returns with data on cosmic antimatter that may reveal one of the rarest clues ever sought about the existence of dark matter.

Forget common renewable energy: HydroWing prepares a 10 MW project in Indonesia to transform ocean currents into predictable electricity, using turbines installed on the seabed in a region where the funnel effect between islands increases tidal potential.

While most dealerships in Brazil take days to deliver cars, in Germany two 48-meter glass towers hold 800 vehicles and release each model via automatic elevators in a few seconds.

Goodbye to workers assembling rebar on construction sites: intelligent robot carries and positions more than 2.2 tons of rebar per hour, ties 1,200 intersections per hour, and promises to cut up to 50% of the schedule in bridge construction projects.

End of bricklayers laying brick by brick: robot places more than 2,000 bricks per day, automatically applies cement, works with only one human operator next to the machine, and transforms traditional masonry into a high-speed semi-automated operation.