Archer Ltd - Company Profile

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Archer Ltd (Archer) is a global provider of drilling and well services to the global energy industry. The company's main activities include platform operations, land drilling, and well services. Archer offers a range of products and services such as platform drilling, modular rigs, engineering services, and well imaging and integrity management tools. The company serves customers in the oil and gas sector, as well as in renewable energy industries like geothermal and offshore wind. Archer operates in various countries, with a significant presence in Europe, Asia Pacific, North and South America, and is expanding its operations in the Middle East and West Africa. The company is headquartered in Sandnes, Norway.

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Headquarters Norway

Address Sandnesveien 358, 4312


Telephone 47 51 308000

No of Employees 4,476

Industry Energy and Utilities

Ticker Symbol & Exchange ARCH (OSL)

Revenue (2024) $1.2B 7.6% (2024 vs 2023)

EPS XYZ

Net Income (2024) XYZ -89.8% (2024 vs 2023)

Market Cap* $238.9M

Net Profit Margin (2024) XYZ -153.1% (2024 vs 2023)

* As of and is in US$
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Archer Ltd premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Archer Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Modular Rigs Well Engineering
Drilling Fluids Facilities Engineering
Oil Tools Platform Plug & Abandonment
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2026 Contracts/Agreements In May, the company entered into an agreement to acquire isol8.
2025 Contracts/Agreements In September, the company signed an agreement to acquire Premium Oilfield Services, LLC, a well service provider.
2024 Acquisitions/Mergers/Takeovers In November, the company acquired Wellbore Fishing & Rental Tools, LLC for US$51.5 million.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Learn more
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Competitor Comparison

Key Parameters Archer Ltd Aker Solutions ASA KCA Deutag Alpha Ltd Odfjell Drilling Ltd Pioneer Energy Services Corp
Headquarters Norway Norway United Kingdom United Kingdom United States of America
City Sandnes Lysaker Leeds Aberdeen San Antonio
State/Province - - England Scotland Texas
No. of Employees 4,476 11,777 10,820 1,643 1,000
Entity Type Public Public Private Public Private
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Learn more
Executives
Name Position Board Since Age
Dag Skindlo Chief Executive Officer Senior Management 2020 -
Espen Joranger Chief Financial Officer Senior Management 2020 -
Charlotte Berge Executive Vice President - Renewables Senior Management 2025 -
Adam Todd General Counsel Senior Management 2017 -
Gerardo Molinaro Vice President - Land Drilling Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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