Profile: Archer Ltd (ARCHER.OL)
ARCHER.OL on Oslo Stock Exchange
10 Dec 2013
10 Dec 2013
Price Change (% chg)
Archer Ltd, formerly Seawell Limited is a Bermuda-based global oilfield service company. The Company provides drilling services, such as platform drilling, land drilling, modular rings, directional drilling, drill bits, tubular services, drilling and completion fluids, cementing tools, plugs and packers, underbalanced services, rentals and engineering. It specialises also in well services, such as wireline intervention, specialist intervention, frac valves, wireline logging, integrity diagnostics, imaging, production monitoring, coiled tubing, completion services and fishing. As of January 3, 2012, the Company's organizational structure centered on four geographic and strategic areas: North America (NAM), North Sea (NRS), Latin America (LAM) and Emerging Markets & Technologies (EMT). In June 2013, the Company sold its North American Rental and Tubular division to Clearlake Capital Group, L.P. In October 2013, it sold its North American Underbalanced services division to Atlas Copco AB.
Par-la-Ville Place, 14 Par-la-Vi
HAMILTON HM 08