Archer To Boost Workforce By 30% In Norway As Outlook Improves

Oil service firm Archer will hire more people in Norway amid rising demand, the Oslo-listed company said on Aug. 14.

Archer, which provides teams to operate oil platforms and drilling rigs, reported underlying second-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) of $18 million, up from $15.7 million a year ago.