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

A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

Secret chamber sealed 4,500 years ago found in the Pyramid of Khufu, and Hawass announces its opening to the world in 2026

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

Germany installed vertical solar panels on a lake in Bavaria, and the result broke conventional logic: instead of producing energy at midday peak, the plant generates more early in the morning and in the evening, exactly when families turn on appliances and factories are in full swing.

While communities suffer from water scarcity and the advancing desert, women in Morocco use nets high up in the mountains to trap fog droplets, fill reservoirs, and transport drinking water through more than 10 km of piping.

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Port of Recife will undergo a R$ 100 million dredging and will be able to receive ships up to 210 meters.

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