Archer Oil Industry Leader Signs Five-Year Contract With Aker BP for Platform Drilling Operations and Maintenance Services

Written by Valdemar Medeiros

Published on 24/11/2020 at 08:44

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The Contract Between Archer and Aker BP Also Includes an Additional Three-Year Extension Option, the Expansion in the Offshore Oil and Gas Market Is Just Beginning, Said Archer

The oilfield services provider Archer secured a five-year contract with Aker BP for the provision of platform drilling operations and maintenance services at the Ula and Valhall facilities in the Norwegian sector of the North Sea.

The Contract Between Archer and Aker BP Will Commence on January 1, 2021, as a Direct Continuation of the Current Contract

To remember, Archer, in September 2019, received a 15-month extension for its existing drilling and maintenance services contract for Aker BP’s Valhall and Ula platforms. This extension began in early October 2019.

Under the new agreement, Archer stated it will provide platform drilling, maintenance services, and intervention support, including additional integrated engineering, equipment rental, and well services as needed as part of its #OneArcher service offering.

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Archer CEO Congratulated Aker BP for Its Services in the Oil Market

Dag Skindlo, CEO of Archer, commented: “Our experience with the Ula and Valhall assets goes back over 30 years, and we are immensely proud of this legacy. Aker BP’s long-term commitment to Archer demonstrates their continued confidence in our ability to deliver safe and efficient operations, and we are very pleased to continue this relationship.

“I would like to take this opportunity to thank our staff for their hard work and commitment to Aker BP’s operations and their dedication to providing our clients with innovative and collaborative solutions that enhance delivery and integrity.”

The Ula Field Is Located in the Southern Part of the North Sea and Consists of Three Oil Platforms

The field center serves as an area hub for the Tambar satellite field and as an outsourced host for the Oselvar and Blane fields. Valhall is a giant oil field in southern Norway in the North Sea.

Production began in 1982, and after the commissioning of the new PH platform in 2013, the field now has the potential to continue producing for several decades.

Archer Oil Industry Leader Signs Five-Year Contract With Aker BP for Platform Drilling Operations and Maintenance Services

The Contract Between Archer and Aker BP Also Includes an Additional Three-Year Extension Option, the Expansion in the Offshore Oil and Gas Market Is Just Beginning, Said Archer

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The Contract Between Archer and Aker BP Will Commence on January 1, 2021, as a Direct Continuation of the Current Contract

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Archer CEO Congratulated Aker BP for Its Services in the Oil Market

The Ula Field Is Located in the Southern Part of the North Sea and Consists of Three Oil Platforms

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Archer Oil Industry Leader Signs Five-Year Contract With Aker BP for Platform Drilling Operations and Maintenance Services

The Contract Between Archer and Aker BP Also Includes an Additional Three-Year Extension Option, the Expansion in the Offshore Oil and Gas Market Is Just Beginning, Said Archer

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