- CEO
- Dag Skindlo
- Full Time Employees
- 5,037
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Address
- Par la Ville Place Hamilton Norway HM 08
- IPO Date
- Jul 6, 2011
- Business
- Archer Limited (ARHVF) is an international oilfield service company providing drilling, well services, and engineering solutions to the oil and gas industry worldwide. Incorporated in Bermuda in 2007 and headquartered in Sandnes, Norway, the company operates through three primary segments: Platform Operations, Well Services, and Land Drilling, with additional offerings in renewables; it maintains over 5,000 employees across more than 40 locations in key markets including Norway, the United Kingdom, Argentina, and other international regions. Core products and services encompass platform drilling and workover operations on fixed installations, modular rigs for plug and abandonment (P&A) and slot recovery, engineering solutions such as project management, construction, multidiscipline engineering, consulting, and inspection, rental equipment including drill pipe pools, well services featuring oiltools for downhole technologies, wireline interventions and cased hole logging, coiled tubing for well construction, completion, intervention, surface solutions, geothermal applications, and carbon capture utilization and storage (CCUS), as well as land drilling with rigs, pullover units, and workover units; renewable energy services include geothermal drilling via Iceland Drilling, district heating, carbon storage, floating offshore wind through Archer Wind, windpower services, and hydropower solutions. In recent developments, Archer secured a five-year contract extension worth USD 110 million for platform drilling, workover, abandonment, and maintenance services in the UK, commencing May 1, 2026, reflecting strengthened client relationships and growth in late-life asset operations; additionally, the company expanded its P&A capabilities under a separate five-year UK agreement with NEO NEXT Energy by deploying lighter modular units, replacing traditional rigs on assets like the Fulmar platform to enhance cost efficiency amid rising demand for decommissioning.