Oslo-listed Archer has been awarded a four-year contract by Repsol Norge for plug and abandonment rig operations on the Gyda platform in the Norwegian section of the North Sea.
The contract, which includes three additional two-year extension options, includes permanent plugging and abandonment of the wells on the Gyda platform as well as drilling and maintenance services, engineering and downhole tool rental services.
John Lechner, CEO of Archer, commented: “The new contract is a continuation of Archer’s 23-year association with the Gyda platform.”
