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Archer Limited ARHVF
$1.63 -$0.425-20.73% OTC PK
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Corporate Info
Phone Number
47 51 30 80 00
Address
Sandnesveien 358
Sandnes, 4312
Country
Norway
Year Founded
2007
Details
Sector
Energy
Industry
Energy
Employees
5,074
Business Decription
Archer Limited, together with its subsidiaries, provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally. It operates in three segments: Platform Operations, Well Services, and Land Drilling. The company offers platform drilling, modular rigs, engineering services, such as project management, construction and installations, multidiscipline engineering, consulting, and inspection services, and rental services. It also provides well services, including oiltools, wireline, well construction and completion, well intervention and workover, well P&A and slot recovery, surface solutions, geothermal, and CCUS. In addition, the company offers land drilling services, including drilling rigs, pullover units, and workover units. Further, it offers renewable energy, such as geothermal drilling, district heating, carbon storage, floating offshore wind, windpower services, and hydropower services. The company was formerly known as Seawell Limited and changed its name to Archer Limited in May 2011. Archer Limited was incorporated in 2007 and is headquartered in Sandnes, Norway.