Company Archer Limited

Equities

ARCH

BMG0451H1170

Oil & Gas Drilling

Market Closed - Oslo Bors 10:45:00 2024-04-19 am EDT 5-day change 1st Jan Change
1.042 NOK -3.16% Intraday chart for Archer Limited -10.02% +18.68%

Business Summary

Archer Limited is an oilfield service company. The Company operates in 40 locations providing drilling services, well integrity and intervention, plug and abandonment and decommissioning to its upstream oil and gas clients. The Company’s comprehensive drilling and workover services include platform drilling, land drilling, directional drilling, drill bits, modular rigs, fluids, engineering, and equipment rentals, as well as a select range of well delivery support services and products. Its products and services include oil tools, land drilling, platform drilling, engineering, and wireline. Its oil tools include plugs and plug solutions, cementing solutions, well cleaning solutions, renewable energies and carbon capture and storage, and digital well integrity solutions. Its engineering services include project management, consulting, and inspection. It also operates the coil tubing and pumping (CT&P) business, which includes four CT&P packages with supporting equipment.

Number of employees: 4,856

Sales per Business

NOK in Million2022Weight2023Weight Delta
Platform Operations
46.2 %
4,337 46.5 % 5,706 46.2 % +31.56%
Land Drilling
27.9 %
2,688 28.8 % 3,453 27.9 % +28.47%
Well Services
25.9 %
2,309 24.7 % 3,201 25.9 % +38.62%

Sales per region

NOK in Million2022Weight2023Weight Delta
Norway
50.7 %
5,109 54.7 % 6,268 50.7 % +22.70%
Argentina
27.7 %
2,681 28.7 % 3,422 27.7 % +27.61%
Other
11.1 %
924 9.9 % 1,368 11.1 % +48.10%
United Kingdom
10.5 %
621 6.6 % 1,302 10.5 % +109.87%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 16-03-31
Director of Finance/CFO 47 13-04-30
Investor Relations Contact 49 11-08-31
Corporate Officer/Principal - 19-01-14
General Counsel - 17-08-31
Corporate Officer/Principal 55 10-07-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 79 11-02-23
Director/Board Member 61 18-09-23
Director/Board Member 65 19-10-31
Director/Board Member 64 23-04-30
Chief Executive Officer 55 16-03-31
Director/Board Member 38 21-09-30
Director/Board Member - 23-05-07

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,624,264,969 749,356,505 ( 46.14 %) 0 46.14 %

Shareholders

NameEquities%Valuation
Paratus JU Newco Bermuda Ltd.
24.15 %
392,305,324 24.15 % 41 M kr
331,179,529 20.39 % 35 M kr
Kistefos AS (Private Equity)
3.903 %
63,400,000 3.903 % 7 M kr
Amfibien AS
1.509 %
24,509,866 1.509 % 3 M kr
16,750,000 1.031 % 2 M kr
Jørn Rokk
0.9238 %
15,005,000 0.9238 % 2 M kr
Månebakken AS
0.9081 %
14,750,000 0.9081 % 2 M kr
Stavern Helse og Forvaltning AS
0.8619 %
14,000,000 0.8619 % 1 M kr
Tyrannus AS
0.8102 %
13,160,000 0.8102 % 1 M kr
12,750,000 0.7850 % 1 M kr

Holdings

NameEquities%Valuation
777,875 4.65% 6,020,753 $

Company contact information

Archer Ltd.

Sandnesveien 358

4312, Sandnes

+47 51 30 80 00

http://www.archerwell.com
address Archer Limited(ARCH)

Group companies

NameCategory and Sector
Contract Drilling
Contract Drilling
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  2. Equities
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