BACK TOCOMPANIES

Weatherford

Walid YASSIN

Vice-President for North Africa

WEATHERFORD

Every bid round is successful, and this is mainly due to the latest framework changes.
Read The Full Interview

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…

READ MORE
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…

READ MORE
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…

READ MORE
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…

READ MORE
Saudi warms to US involvement
NEWS
Saudi Arabia - May 22, 2017

Saudi Arabia moves forward towards completing its economic vision for 2030 with the signing of a plethora of domestic deals worth around USD 50 billion and agreements…

READ MORE
Services providers sign Mexico contracts
NEWS
Mexico - May 01, 2017

Two major oilfield services companies announced new contracts with Mexican NOC Pemex on Friday.

Following the signing of an agreement by Pemex to licence a seismic…

READ MORE
Schlumberger, Weatherford in JV
NEWS
USA - March 27, 2017

Oilfield services giants Schlumberger and Weatherford late on Friday announced they would create a hydraulic fracturing joint venture for US shale operations.

To be…

READ MORE
Interview
Malaysia - March 07, 2017

TOGY talks to Thomas Ng, general manager for Weatherford in Malaysia, Brunei, and the Philippines, about the company’s global and local operations, new technologies…

READ MORE
Week in review
NEWS
- February 03, 2017

TOGY’s oil and gas coverage of the past week was dominated by Iran’s downstream news and reporting on Indonesia’s Pertamina. There were also a number of Q4 and…

READ MORE
Graeme Taylor
Interview
Angola - January 16, 2017

TOGY talks to Graeme Taylor, Vice President for Angola at Halliburton, about forecasted stabilisation, onshore potential and the qualities required of a new entrant to…

READ MORE
Interview
China - December 15, 2016

TOGY talks to Pan Weiguo, Dano (Beijing) Oilfield Services (Dano Oil) chairman about the efficacy of the company’s technology in maximising oil output and minimising…

READ MORE
Interview
Angola - November 23, 2016

TOGY talks to Domingos Freitas, country director of Angola for Weatherford, about Weatherford’s Angolan operations, the challenges in the market and the prospects for…

READ MORE