Archer acquires P&A milling, SWARF specialist

Jan. 10, 2023
Archer Ltd. has completed its acquisition of Romar-Abrado, a provider of milling and SWARF handling services for plugging and abandonment (P&A) operations globally.

Offshore staff

HAMILTON, Bermuda  Archer Ltd. has completed its acquisition of Romar-Abrado, a provider of milling and SWARF handling services for plugging and abandonment (P&A) operations globally.

These are said to ensure permanent, verifiable and emission-free well barriers with predictable alternative zonal isolation P&A solutions.

Romar-Abrado employs 50 staff.

Nicholas Pantin, vice president of Archer Oiltools, said his company had developed a heavy intervention service over the past few years with wide-ranging applications in slot recovery and well P&A. He said, “Our services have been developed around steel retrieval and steel recovery as well as establishing barriers through plugs and annular remediation. Technologies around steel removal through milling and section milling will allow Archer to offer end-to-end solutions.”

01.10.2023

Courtesy Altera Infrastructure Holdings
Altera Infrastructure Holdings has agreed to sell its membership interests in Altera Shuttle Tankers
ID 326457873 © Arsenii Palivoda | Dreamstime.com
offshore wind
Photo 45185193 © Rawpixelimages | Dreamstime.com
Business Briefs