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Weatherford

Walid YASSIN

Vice-President for North Africa

WEATHERFORD

Every bid round is successful, and this is mainly due to the latest framework changes.
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Weatherford In Figures

2022 revenue: USD 4.3 billion

2022 operating income: USD 412 million

Weatherford International is a global engineering company that provides equipment and services to the energy and industrial sectors.

The NASDAQ-listed company’s customers include national oil companies, international and independent oil and natural gas companies, and new energy companies. Weatherford has 345 operating locations in around 75 countries.

The company organises its activities under three operating segments:

  • Drilling and evaluation
  • Well construction and completion
  • Production and intervention

The drilling and evaluation segment offers services such as managed pressure drilling, directional drilling, measurement-while-drilling, wireline services, well intervention and remediation, and a range of downhole equipment.

The well construction and completion segment supplies products and services to ensure integrity over the life cycle of wells. Primary offerings are tubular running services, completions, liner hangers, well services and cementation products and specialised equipment such as plugs, float and torque-and-drag reduction technology.

Production and intervention offerings relate to responsible well management and boosting productivity. They include drilling tools, intervention services, artificial lift systems, subsea equipment for deep and ultra-deep operations, and pressure pumping, as well as software and data products for monitoring and control.

Weatherford News and Interviews

Weatherford buys NCS Multistage, expands completions portfolio
NEWS
USA - June 02, 2026

Weatherford has acquired NCS Multistage to grow its well completions portfolio and boost exposure to the unconventional…

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Weatherford selected for Nigeria deepwater work
NEWS
Nigeria - May 22, 2026

Weatherford has secured a deepwater completions contract offshore Nigeria from ExxonMobil affiliate Esso Exploration and…

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Weatherford chosen for deepwater work in Mexico’s Trion field
NEWS
Mexico - July 29, 2025

Weatherford has secured a managed pressure drilling contract from Woodside for the Trion deepwater project in Mexico.

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AIQ and Weatherford to deploy AI-driven efficiency tools in energy
NEWS
Multinational - April 22, 2025

AIQ and Weatherford have joined forces to drive AI-powered efficiency in energy production.

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ADNOC invests $6 billion in drilling
NEWS
Abu Dhabi - November 17, 2021

Abu Dhabi National Oil Company has announced spending of around USD 6 billion on drilling contracts to up its capacity to 5 million bopd by 2030, the UAE’s…

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Ahmed Al Daraai Oman Santco
Interview
Oman - March 06, 2020

Ahmed Al Daraai, executive director of SANTCO, talks to TOGY about challenges facing Oman’s services sector, what the coming rise in activity means for local services…

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Walid YASSIN Vice-President for North Africa WEATHERFORD
Interview
Egypt - June 18, 2019

Walid Yassin, Weatherford’s vice-president for North Africa, talks to TOGY about positive changes to the investment framework in Egypt and the country’s ability to…

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Walid YASSIN Vice-President for North Africa WEATHERFORD
Interview
Egypt - June 04, 2019

Walid Yassin, Weatherford’s vice-president for North Africa, talks to TOGY about positive changes to the investment framework in Egypt and the country’s ability to…

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SKY INVESTMENTS
Interview
Egypt - June 05, 2019

TOGY talks to Ayman Hussein, chairman of Sky Investments, about how recent economic reforms have affected Egypt’s competitiveness, the private sector’s response to…

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