Archer lands two P&A contracts with Equinor
Archer Ltd. has strengthened its global decommissioning footprint with two significant contract awards: a multi-year execution agreement with Equinor for 30 subsea wells in the North Sea and an integrated deepwater plug and abandonment (P&A) contract in the Gulf of Mexico.
North Sea: $140M P&A execution contract with Equinor
Archer has expanded its existing frame agreement with Equinor—initially focused on engineering and planning—to include full execution of P&A services for 30 subsea wells. The contract, valued at about $140 million, spans three years with options for two additional two-year extensions.
The scope includes integrated P&A services (i.e., wireline, fishing and remedial operations, mechanical isolation, cementing, fluids and mudlogging) as well as alliance partnerships.
Gulf of Mexico: Deepwater P&A on Titan platform
In the Gulf of Mexico, Archer secured an integrated deepwater P&A contract for three wells on the Titan spar platform in Mississippi Canyon, which is about 65 miles offshore Louisiana. The project will be delivered in partnership with SLB, leveraging combined capabilities in project management and well engineering, compact workover rig deployment, as well as coiled tubing, wireline and downhole P&A technologies.
Archer extends drilling, maintenance contract with Aker BP
In addition, Archer received formal notice late last month from Aker BP of the exercise of the three-year extension option under the long-term contract originally awarded in November 2020 for the provision of platform drilling operations and maintenance services on the Ula and Valhall installations in the Norwegian sector of the North Sea.
The exercised extension will begin upon expiry of the initial five-year term, ensuring continuity of operations and extending the contract through Dec. 31, 2028.
Under the extended contract, Archer will continue to deliver platform drilling operations, maintenance services and intervention support, including integrated engineering, rental equipment and well services where required.
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Ariana Hurtado
Editor-in-Chief
With more than a decade of copy editing, project management and journalism experience, Ariana Hurtado is a seasoned managing editor born and raised in the energy capital of the world—Houston, Texas. She currently serves as editor-in-chief of Offshore, overseeing the editorial team, its content and the brand's growth from a digital perspective.
Utilizing her editorial expertise, she manages digital media for the Offshore team. She also helps create and oversee new special industry reports and revolutionizes existing supplements, while also contributing content to Offshore's magazine, newsletters and website as a copy editor and writer.
Prior to her current role, she served as Offshore's editor and director of special reports from April 2022 to December 2024. Before joining Offshore, she served as senior managing editor of publications with Hart Energy. Prior to her nearly nine years with Hart, she worked on the copy desk as a news editor at the Houston Chronicle.
She graduated magna cum laude with a bachelor's degree in journalism from the University of Houston.