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0.000260552371026524 -0.00104220948410628 -0.00156331422615952 -0.0052110474205316 -0.00104220948410628 -0.00742574257425752 -0.00390828556539861 -0.00755601875977069
Stock impact report

Archer lands three-year wireline extension on NCS from Equinor [Yahoo! Finance]

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
The extended contract has a total value of around Nkr3bn, with approximately half allocated to Archer and the other half to its alliance partners. It follows an initial integrated wireline agreement from 2021, under which Archer and its partners have delivered services across several Equinor assets. The original framework allowed for three optional two-year extensions, but the current development constitutes a fixed three-year period. This arrangement ensures continued service provision and operational planning for the parties. Archer CEO Dag Skindlo said: “This contract extension reflects the strong and long-standing relationship we have built with Equinor. We are pleased to continue supporting Equinor's operations and consider this agreement strategically important for Archer. “It provides long-term visibility to our business, reinforces the strength of our alliance model, and demonstrates the trust placed in our people, technology and service quality.” Last month, Archer Show less Read more
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