Archer has announced that Equinor has awarded the company the planning work for the permanent plug and abandonment (P&A) of the Snorre UPA and Heidrun B&C templates.
With an extensive portfolio of P&A solutions, including a well engineering joint venture with Elemental Energies, Archer is uniquely positioned to provide end-to-end services covering planning, well engineering, and permanent well abandonment execution. This award underscores Archer's ongoing commitment to delivering cost-effective, high-quality services across the entire P&A value chain.
Commenting on the announcement, Dag Skindlo, CEO of Archer, stated, "We are honoured to have been selected by Equinor for this significant subsea P&A project. This contract reflects our team's deep expertise and dedication to subsea well P&A planning. We look forward to collaborating closely with Equinor to ensure the successful execution of this project as we strongly believe in a model where we combine well barrier design with well service specialist and new solutions. This will drive down the cost for operators."
The contract further strengthens Archer's position as a leader in the P&A market, both in Norway and globally, allowing the company to demonstrate its comprehensive expertise—from concept selection to the delivery of permanently plugged and abandoned wells.
