Prosafe flotel secures further extension in UK North Sea

Archer secures 5-year drilling extension, expands services under existing P&A contract

Archer announced two developments in the UK sector covering platform drilling and plug and abandonment work. The company received a 5-year contract extension valued at $110 million for platform drilling, workover, abandonment operations and maintenance services. The extension begins 1 May 2026 and continues the current scope with the same operator. Separately, Archer expanded the … The post Archer secures 5-year drilling extension, expands servi…

Prosafe flotel secures further extension in UK North Sea

Prosafe has landed another extension for the accommodation unit Safe Caledonia after Ithaca Energy opted for an additional seven weeks of work at the Captain field in the UK North Sea. The latest extension — worth about $6.4m — will keep the 1982-built, 2012-upgraded semisubmersible on site through early February 2026. It follows a two-week …