Archer Win Wireline Services Deal with ConocoPhillips
Offshore services provider Archer Limited has won a five-year contract for the provision of Mechanical Wireline Services for ConocoPhillips on the Norwegian Continental Shelf.
The contract was awarded to Archer following a competitive tender process for ConocoPhillips’ well intervention services in Norway, Archer said in a statement of Friday. Archer did not provide financial details of the contract.
Archer has provided Wireline Intervention and Cased Hole Logging services for ConocoPhillips since 2009 and the current contract would have expired in January 2017. The new contract will start on May 1, 2016 and will cover a period of five years until April 30, 2021.
Jan Vader, Vice President Wireline, commented, “We are extremely pleased with the confidence ConocoPhillips places in Archer by giving us the opportunity to continue to work for them for an additional five years. It demonstrates our dedication and commitment to delivering safe, efficient and solutions-oriented services to our clients, and the value this offers to ConocoPhillips’ operations in Norway.”
The contract comes just a week after it was announced that Archer had won a two-year extension of its contract for platform drilling services on eight installations operated by Statoil.
