Archer signed a US$20 million contract with Trident Energy for drilling services in Brazil. Activities will begin in the second quarter of 2024 in the Pampo field, Campos Basin.
Leading company in services drilling and well interventions, Archer recently announced its partnership with Trident Energy to carry out a series of services in Brazil. According to the Petronotícias website, the contract is valued at around US$20 million and will initially last two years. With the possibility of extension for another year, followed by an additional extension subject to mutual agreement, with activities in the Pampo field.
The agreement covers a range of activities, from well interventions to meet regulatory requirements to workover operations and well maintenance, as well as drilling facility engineering.
Archer CEO expresses confidence in collaboration with Trident Energy
This strategic partnership was hailed as a significant milestone for both Archer and Trident Energy, with Archer CEO Dag Skindlo expressing optimism about the future of the collaboration.
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“We are pleased to have been chosen by Trident Energy as their partner for their drilling program. We look forward to a successful collaboration with Trident Energy and are confident in our ability to contribute to the success of their offshore operations,” said Skindlo.
Start of services scheduled for the second quarter of 2024
The start of services is scheduled for the second quarter of 2024, after a period of reactivation and platform recertification managed by the Operations on Archer Platform.
Activities will begin on the Pampo PP1 platform, located in the Pampo field, in the Campos Basin, a strategic area for the Brazilian energy industry.
This contract marks another significant step in Archer's continued growth in the Brazilian energy market.
Since entering the country in 2010, the company has played a key role in the sector, starting with work for Equinor in the Peregrino fields and expanding its operations over the years.
With the consolidation of this partnership with Trident Energy, Archer reaffirms its commitment to offering high-quality services and innovative solutions to drive the sustainable development of the energy sector in Brazil.
A day on board with Trident Energy
Source: PetroNoticias