Archer has been awarded a two-year contract extension for platform drilling services as Equinor exercises the first of three two-year extension options following the original four-year contract. The extension will commence on October 1, 2022 in direct continuation of the current contract.

The extension covers all the rigs which Archer is currently the incumbent contractor for, which include Statfjord A, B and C, Gullfaks A, B and C, Grane, Njord, Sleipner A, Snorre A and B, and Visund.

Dag Skindlo, CEO of Archer, commented:

“We are delighted to continue our operations for Equinor in the North Sea for an additional 2 years. We have over time shown safe and strong operational performance. Archer is dedicated to further develop our OneArcher operating model to provide Equinor with safe, efficient and cost-effective solutions while contributing to both Archer’s and Equinor’s ESG roadmap.”

About Archer

Archer is a global oil services company with a heritage that stretches back over 40 years, with a strong focus on safety and delivering the highest quality products and services. Archer operates in 40 locations providing drilling services, well integrity & intervention, plug & abandonment and decommissioning to its upstream oil and gas clients.

About Equinor

Equinor (OSE:EQNR, NYSE:EQNR), is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.