Bermuda, May 22 -- Archer has signed a share purchase agreement to acquire isol8, an innovative well technology company that specialises in alloy-based barrier solutions and advanced materials for use in well completions, intervention, and plug and abandonment (P&A).These technologies and solutions will expand and grow Archer's plug business and advance our strategy to be the P&A company of choice. Completion of the transaction is subject to customary regulatory approvals, expected later in Q2 2026.
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