Archer (ARHVF) has released an update.
Archer Wind, a subsidiary of Archer company, has secured its inaugural contract with TotalEnergies to provide a floating wind foundation for the Culzean Wind Pilot project. This renewable energy initiative will power an offshore oil and gas facility with wind-generated electricity, with installation scheduled for late 2025. The project represents a significant step for Archer in advancing floating wind technology and expanding its renewable energy services.
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