Archer secures contract extension on Statoil’s Peregrino

Archer Limited has announced that Statoil Brasil Oleo e Gas Ltda., has exercised the first of two options to extend its contract with Archer for the provision of Platform Drilling Management Services on their Peregrino Field Development.

Peregrino A platform

The original contract was for a fixed four-year term starting third quarter 2009. The contract extension will start September 1, 2014, for three years through August 31, 2017.

John Lechner, President North Sea Region, commented, “We are extremely pleased to have secured the contract extension which is a demonstration of Statoil’s confidence that Archer continues to be their Drilling contractor of choice for the Peregrino Field in Brazil. Our staff in Brazil has worked diligently to deliver safe, efficient and cost-effective operations through the last four years in Brazil.”

He added that, “The dedication and commitment shown by the two hundred and ten Archer employees supporting the contract since start-up has earned Archer the opportunity to further develop their business relationship with Statoil for the next three years.”

Archer, a leading provider of Platform Drilling services, currently operates a total of 33 platforms in the North Sea and in Brazil, including the platforms for the Greater Ekofisk Area.

Press Release, July 25, 2014

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply