Archer Limited: Archer acquires Baker Hughes’ Coil Tubing and Pumping business in the UK
Archer Limited is pleased to announce that we have signed definitive agreements with Baker Hughes Limited to acquire its coil tubing and pumping (“CT&P”) business in the United Kingdom. The CT&P business includes four complete CT&P packages with supporting equipment, specialized and optimized for the UK market. As part of …
Archer Limited: Third Quarter 2021 Results
Dag Skindlo, CEO of Archer, comments: “Our activity continues to increase, particularly within our Wireline segment which was positively impacted by the full quarter of new wireline scope and the full quarter with contribution from DeepWell. Revenue came in at $242 million, an increase of $15 million compared to the …
Archer Limited: Archer’s Board of Directors appoints Dag Skindlo as CEO and Espen Joranger as CFO of Archer
Archer Limited is pleased to announce the appointment of Dag Skindlo as the Company’s new Chief Executive Officer. Dag Skindlo joined Archer as Chief Financial Officer and EVP Strategy in May 2016. Kjell-Erik Østdahl, Chairman of Archer, comments: “I’m pleased that Dag will take on this challenge. We have had …