Archer : Reservoir Link Receives Letter of Award from PETRONAS Carigali

Kuala Lumpur, Malaysia

Reservoir Link, the well intervention and perforating solutions provider, has received a conditional letter of award (LOA) from PETRONAS Carigali Sdn Bdn ("PETRONAS Carigali"), wholly-owned subsidiary of PETRONAS, for the provision of annulus wash and cementing assurance ("AWCA") services.

The scope of work includes circulation tunnel creation, wash technology and multi-annulus cement placement for approximately 74 wells offshore Malaysia. With operations due to commence in H1 2018, the LOA covers a three-year period with a one-year extension option.

Reservoir Link will partner with Archer, the global oilfield services company, who will provide the annulus wash and cement placement as a part of the application.

"With the global oil markets showing signs of recovery, operators need partners they can rely on to delivery projects safely, efficiently and on time," said Dato' Wan Hassan Mohd Jamil, CEO for Reservoir Link.

"This award from PETRONAS Carigali is testament to the combined strength of Reservoir Link and Archer, offering and represents a significant milestone for our joint operations.

Archer's one-trip Stronghold™ Barricade system can deliver safe plugging and abandonment operations in less than half the time of traditional solutions, making them a safer and more economic choice for operators.

At the same time, Reservoir Link's tailor-made perforating systems offer a high performance solution that is both reliable and efficient", Dato' Wan Hassan added.

ENDS

About Reservoir LinkBR> Reservoir Link Sdn Bhd (RLSB) provides perforating products and services to the oil and gas industry. It was created with the vision of creating a pioneer fully Malaysian owned and operated upstream oil and gas services in Malaysia and the Asia Pacific region. Visit our company website at www.reservoirlink.com.

About ArcherBR> Archer is a global oil services company with a heritage in drilling and well services that stretch back over 40 years. Employing more than 4,500 people at 40 locations in 19 countries, from drilling services, well integrity & intervention, plug & abandonment to decommissioning, Archer is focused on safely delivering the highest quality services and products to the drilling and well service markets. Visit our company website at www.archerwell.com.

MEDIA CONTACT: BR> Arild HellerenBR> Regional Director Asia & PacificBR> Archer OiltoolsBR> M+ 601 2304 3681BR> T+ 603 2166 8800BR>arild.helleren@archerwell.com