Brief: Archer Secures $165 Mln Repsol Sinopec Contract

Archer

15/08/2023 14:15

Aug 15 (Reuters) - Archer Ltd  ARCHA.OL :
    * ARCHER SECURES $165 MILLION REPSOL SINOPEC CONTRACT FOR
P&A
DECOMMISSIONING
    * REPSOL SINOPEC RESOURCES UK LIMITED HAS AWARDED A $165
MILLION
DECOMMISSIONING CONTRACT TO ARCHER TO EXECUTE PLUG AND
ABANDONMENT (P&A) OF 30 WELLS IN FULMAR FIELD AND TWO WELLS IN
HALLEY FIELD
    * NEW CONTRACT WILL COMMENCE IMMEDIATELY, AND WE EXPECT
INTEGRATED
OFFSHORE P&A OPERATIONS TO COMMENCE IN SECOND HALF OF 2024 OR
EARLY 2025

Source text for Eikon:  ID:nWkr2gngsR 
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