Archer to Acquire Isol8, Expanding Plug & Abandonment Portfolio

Deal Summary

Oilfield services firm Archer announced it has signed a share purchase agreement to acquire isol8, a well‑technology company specializing in alloy‑based barrier solutions for plug and abandonment operations. The acquisition will broaden Archer’s P&A capabilities and strengthen its subsea and rigless offerings. The transaction is subject to regulatory approvals and is expected to close in Q2 2026.