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Norwegian offshore service provider Archer has been awarded a three-year contract extension under a long-term frame agreement with an unnamed client for wireline services. The company said in an Oslo Bors filing that, based on 2025 activity levels, the annual revenue from this contract is estimated to represent between 7 and 9% of total well services revenue. The exercise of the extension option ensures the continued provision of wireline services under the existing contractual framework. Although the client was not named, the company described it as a major operator. Archer has been providing wireline services for this operator in Norway since 2010. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsNorway
Archer locks in three more years of wireline work in Norway
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