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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

A Saudi oil and gas technology leader TEY_post_Completion-Energy-–-Abdulmuin-ALYOUSEF
Interview
Saudi Arabia - December 15, 2023

Abdulmuin Alyousef, CEO of Completion Energy, talks to The Energy Year about the company’s strategy to export technologies…

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A security provider for Angola’s energy and banking sectors G4S Venancio-EPOLUA
Interview
Angola - September 07, 2023

Venancio Epolua, general manager of G4S, talks to The Energy Year about how the company’s restructuring process has improved…

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Saudi Arabia’s energy diversification TEY_post_Al_Rushaid
Interview
Saudi Arabia - March 22, 2023

Sheikh Rasheed Al Rushaid, chairman and CEO of Al Rushaid Group, talks to The Energy Year about the progress of Saudi Arabia’s…

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ADNOC invests $1.83 billion in drilling services
NEWS
Abu Dhabi - September 01, 2022

ADNOC has awarded framework agreements worth USD 1.83 billion to five companies for drilling services, the Emirati NOC announced…

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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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Weatherford sells Kuwait rigs
NEWS
Kuwait - November 02, 2018

Weatherford has closed the sale of its land rigs in Kuwait to ADES for USD 123 million, the oilfield services giant announced on Thursday.

The deal, signed in July,…

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Interview
Angola - June 08, 2018

Domingos Freitas, the country director of Weatherford Angola, talks to TOGY about the potential for onshore blocks, strategies to increase production in the country and…

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Interview
Argentina - January 11, 2018

Adolfo Sánchez Zinny, president of Argentina’s Chamber of Oilfield Services Companies (CEOPE), talks to TOGY about the impact of low oil prices on the domestic…

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Weatherford plans units sale: report

NEWS
Multinational - November 24, 2017

Weatherford International is hoping to sell businesses such as its international pressure pumping business, its wellheads and drilling tools arms and its artificial…

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Services group AECIPA backs TOGY in Angola
NEWS
Angola - November 24, 2017

The Association of Service Providers of the Angolan Oil & Gas Industry (AECIPA) signed a partnership agreement with TOGY on Thursday to support TOGY’s reporting on…

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Interview
Saudi Arabia - May 31, 2017

TOGY talks to Halim Hamid Redhwi, vice-president of Dhahran Techno Valley Company (DTVC), about the state of Saudi Arabia’s economy, current challenges with…

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