Norwegian offshore service provider Archer has signed a five-year contract with Spanish oil and gas firm Repsol for work on their UK offshore assets.
The agreement includes a two-year optional extension and covers platform drilling services, facilities engineering, coil tubing, wireline services, and downhole well service technologies.
Archer will support late-life operations and plug and abandonment activities on Repsol platforms, including Piper, Claymore, Tartan, Saltire, Auk, Arbroath, Montrose, Beatrice, and Clyde.
A key component of the contract is the plug and abandonment scope, covering approximately 130 wells.
“We are pleased to strengthen our partnership with Repsol through this major long-term agreement within our strategic focus on P&A services,” Dag Skindlo, CEO of Archer.
