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

Gaddafi built the world’s largest artificial river under the Sahara — it’s 4,000 km of giant pipes that pump 40,000-year-old fossil water to entire cities in Libya.

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Japanese garbage collectors treat filthy trucks as if they were dealership cars, and the obsession with cleanliness is so absurd that they invented a washing machine that only exists for this type of vehicle.

Germany took 1,468 days to drill 9,101 meters of the Earth’s crust, faced temperatures of 265 degrees, crossed faults saturated by fluids under pressure, and revealed that the continental crust remains active, stressed, and permeable far beyond the limits that science considered possible.

In 1991, Brazil’s GDP was almost double India’s, and today it is little more than half: while India grew 6.5% per year and trained engineers, Brazil preferred to train lawyers, and now it is rushing to strengthen ties with the world’s fourth-largest economy.

The Brazilian city of the crooked buildings, which is being “swallowed” by the sea, receives more than R$ 20 million after a R$ 276.6 million package for 214 cities, with transfers of R$ 2.5 million per tourist resort.

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