Global oilfield services provider Archer has been awarded a five year contract with Marathon Oil for platform drilling, maintenance and engineering services to the three platforms it operates in the Brae field in the North Sea.
The contract for Brae Alpha, Brae Bravo and East Brae means Archer retains its status as incumbent contractor, having been first contracted by Marathon Oil in October 1993.
The contract ensures Archer’s continued operations for Marathon Oil in the North Sea until 2017, but comes with a five year extension which could extend operations to 2022. At the current time, Archer has 16 contracts for platforms in the UK North Sea with long term fixed contracts up to 2017. In total, the company currently operates 32 platforms globally across the North Sea, Brazil and Alaska.
Archer currently employs 30 personnel in connection with services provided to Marathon Oil operations. As a result of this contract the company plans to add a minimum of 80 people to their crews to fulfil the requirements of planned operational activities. In total the company employs around 200 onshore staff and 530 offshore personnel from Aberdeen.
Archer is the well company, a global oilfield service provider specialising in drilling services and well services. Formed in 2011, Archer is the coming together of two well specialist companies, Seawell and Allis-Chalmers Energy, and several additional complementary businesses.