Archer, a global oil services company, announced that Equinor Brasil Oleo e Gas Ltd has confirmed a new four-year contract for the provision of platform drilling management services on the Peregrino field development on the Peregrino A and B platforms respectively.
The new four year contract awarded will be in direct continuation of Archer’s current contract, and will further extend Archer’s continuous relationship with Equinor in Brazil to over 15 years since Peregrino A drilling start-up of operations in 2009.
The contract award ensures Archer’s continued operations for Equinor in Brazil until November 30, 2024.