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.
Archer Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Modular Rigs | Well Engineering |
| Drilling Fluids | Facilities Engineering |
| Oil Tools | Platform Plug & Abandonment |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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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