Equinor Awards Large Wireline Gigs to Altus & Archer
- Equinor awarded Altus Intervention AS and Archer Integrated Services AS framework contracts for providing integrated wireline services within well intervention.
- The estimated total value of the contracts is c. $ 118 million per year.
- Contracts are awarded for a fixed period of around 5 years with three 2-year extension options.
Full Article https://www.equinor.com/en/news/20210119-wireline-services.html