Archer has announced the completion of the Baker Hughes’ UK Coil Tubing and Pumping business acquisition made in February 2023.
Dag Skindlo, CEO of Archer, said, “This acquisition is part of our strategy to be one of the leading well services companies in the UK. Together with our well-established platform operations business, Archer is uniquely positioned to serve our customers with a broad range of production enhancements and P&A operations. We are pleased to welcome this highly skilled and experienced team to Archer and look forward to adding value to existing and new customers.”