Well Intervention Market Driven by New Oilfield Discoveries and Heavy Investments in Offshore Oil & Gas Assets: Fact.MR Study
A recently published report by market research and competitive intelligence provider, reveals that the global well intervention market is projected to grow at a CAGR of 7% during the forecast period (2021-2031), reaching US$ 14 Bn by 2031. Heavy investments in the discovery of new oilfields reserves on the account …
Archer Signs Offer Letter to Acquire DeepWell
Archer Limited is pleased to announce that we have signed an offer letter with Moreld laying out principle terms to purchase 100% of the shares in Deepwell AS (“DeepWell”). The contemplated transaction is subject to due diligence, negotiation of the transaction documentation, closing conditions and regulatory approvals. DeepWell is a …