Norwegian offshore service provider Archer has won a platform drilling contract with compatriot oil and gas company OKEA. The new contract has an initial estimated value of NOK 850m ($78.6m) over a firm five-year period and includes an additional two-year optional period. Archer will provide comprehensive platform drilling services, including workover and drilling operations, well maintenance, and drilling facilities engineering, to enhance OKEA`s Brage offshore asset in Norway. The platform drilling services will begin at the end of this year. Brage is a crude oil producer located in the northern North Sea, 125 km west of Bergen. The field was discovered in 1980, and the plan for development and operation was approved in 1990. The production started in 1993. It has been developed as a fixed integrated production, drilling, and accommodation facility with a steel jacket. Brage oil is exported via the Oseberg Transport System to the Sture terminal while the gas is exported via a pipeline to Kårstø. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsNorway