Change in Iceland Drilling shareholders

Archer is now owner of 50 % of Iceland Drilling. The other 50% is owned by Kaldbakur which was also a previous shareholder in Iceland Drilling.

Archer is an international drilling company with headquarters in Norway. Archer is with the investment increasing their commitment to the ongoing energy transition.

The shareholders have elected a new board of directors.
Chairman of the board is Höskuldur H. Ólafsson.
A list of the board members is available at
For further information on Arher please visit their homepage at