Investor Presentaiton

Platform Drilling & Engineering $1 billion of firm backlog Contract backlog 2019-2021* Archer Country Operator Nr. of platforms Q1 2019 Q2 2020 2021 2022 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Apache Chevron 2 Fairfield 1 Life of Field P&A expected to finish Marathon 2 Shell Shell 1 P&A expected to finish Repsol Sinopec 7 Aker BP 3 ConocoPhillips 3 Repsol 1 Equinor 12 Equinor 1 Equinor 2 Energean 1 * = Excludes platforms under contract that have been permanently abandoned Q3 Q4 Life of Field Firm Contract Contract Options 8

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