About Archer
Archer is a company based in Sandnes (Norway) founded in 2011. It operates as a Professional Services and Managed Services. Archer has completed 9 acquisitions, including DeepWell, Gray Wireline and Greatwhiteenergy. Archer offers products and services including Platform Operations, Well Services, Land Drilling, and Renewable Services.
- Headquarter Sandnes, Norway
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Archer Limited
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Annual Revenue
$1.23 B (USD)13.18as on Dec 31, 2024
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Net Profit
-$24.25 M (USD)7.31as on Dec 31, 2024
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EBITDA
$127.72 M (USD)17.71as on Dec 31, 2024
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Latest Funding Round
$625 M (USD), Debt – Conventional
Jun 20, 2017
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Investors
Seadrill
& 1 more
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Employee Count
Not available
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Investments & Acquisitions
DeepWell
& 8 more
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Products & Services of Archer
Archer offers a comprehensive portfolio of products and services, including Platform Operations, Well Services, Land Drilling, and Renewable Services.
Platform drilling and modular rigs are provided for operations.
Well construction and intervention services are delivered globally.
Land drilling solutions are offered for energy extraction.
Geothermal and windpower services are provided for sustainability.
People of Archer
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Funding Insights of Archer
Investors in Archer
Archer has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Seadrill and Lime Rock Partners.
| Investor | Description | Founded Year | Domain | Location |
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Locked | Locked | Locked | |
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Provider of oil & gas drilling services
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Locked | Locked | Locked |
Investor details for Archer
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Investments & Acquisitions by Archer
Archer has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include DeepWell, Gray Wireline and Greatwhiteenergy.
Investment portfolio details for Archer
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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High-integrity wellbore barriers are supplied for well lifecycles.
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Locked | Locked | 2017 | Locked | |
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Multi-specialty hospital services are provided in Houston.
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Locked | Locked | 2012 | Locked | |
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Cased-hole wireline services are provided to oil and gas exploration.
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Locked | Locked | 2008 | Locked |
Complete acquisition details for Archer
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Verified entity values are shown only after access is granted.
Financial Statements - Archer
Detailed financials for Archer
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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Archer Comparisons
Peer comparison for Archer
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Competitors of Archer
Detailed competitors of Archer
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Latest news on Archer
Complete news archive for Archer
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Frequently Asked Questions about Archer
Archer was founded in 2011.
Archer is headquartered in Sandnes, Norway. It is registered at Sandnes, Rogaland, Norway.
Annual revenue of Archer is $1.23B as on Dec 31, 2024.
Archer is established as a global energy service company with over 50 years of experience. Operations are conducted in more than 40 locations worldwide, employing around 5,000 staff. High-quality services and innovative technology are provided to optimize energy solutions for customers. The company is focused on renewable energy services, including geothermal drilling and windpower, as part of the energy transition. A commitment to achieving a net-zero target by 2050 is emphasized. Sectors served include oil and gas as well as renewable energy, with solutions spanning platform operations, well services, and land drilling.
Archer offers Platform Operations, Well Services, Land Drilling, and Renewable Services.
Archer has made 9 acquisitions, including DeepWell, Gray Wireline, and Greatwhiteenergy.
Archer has 2 investors. Key investors include Seadrill, and Lime Rock Partners.