Oil providers supplier Archer has secured a proper contract award for the supply of a modular drilling unit and related providers from TAQA.
Last December Archer signed a letter of intent with an unnamed operator for the supply of drilling providers utilizing the modular drilling rig Archer Topaz.
The LOI was for a agency contract interval of two years and three months, with choices for an extra seven months of labor following the preliminary contract interval.
In an replace on Friday, Archer stated that the rig had been contracted by TAQA to carry out a twenty-one properly plug and abandonment marketing campaign for the oil firm’s Northern North Sea Cormorant Alpha platform.
The built-in P&A service supply will embody providers offered by Archer’s Engineering, Rentals, Oiltools and Wireline divisions.
It may even require Archer to handle and ship cementing, swarf and re-injection providers from third-party suppliers.
The Archer Topaz is estimated to mobilise to Cormorant Alpha within the second half of 2021 following the elimination of the present Cormorant Alpha integral derrick gear set, and reactivation actions on the platform by Archer’s Engineering division.
“We are delighted with the award of this contract which secures the rig work till late 2023”, stated Dag Skindlo, Chief Executive Officer of Archer.
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